Marshall Wace LLP Decreases Position in Zumiez Inc. (NASDAQ:ZUMZ)

Marshall Wace LLP trimmed its stake in Zumiez Inc. (NASDAQ:ZUMZ - Free Report) by 61.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 231,312 shares of the apparel and footwear maker's stock after selling 376,380 shares during the period. Marshall Wace LLP owned about 1.21% of Zumiez worth $4,434,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Jump Financial LLC raised its position in Zumiez by 38.0% in the fourth quarter. Jump Financial LLC now owns 43,127 shares of the apparel and footwear maker's stock valued at $827,000 after purchasing an additional 11,872 shares during the period. Barclays PLC grew its stake in shares of Zumiez by 16.8% in the fourth quarter. Barclays PLC now owns 55,359 shares of the apparel and footwear maker's stock valued at $1,062,000 after buying an additional 7,972 shares in the last quarter. Renaissance Technologies LLC raised its holdings in shares of Zumiez by 26.0% in the 4th quarter. Renaissance Technologies LLC now owns 53,811 shares of the apparel and footwear maker's stock valued at $1,032,000 after buying an additional 11,111 shares during the period. Dynamic Technology Lab Private Ltd lifted its stake in Zumiez by 11.6% during the 4th quarter. Dynamic Technology Lab Private Ltd now owns 46,819 shares of the apparel and footwear maker's stock worth $898,000 after acquiring an additional 4,880 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in Zumiez by 20.6% during the 4th quarter. Wells Fargo & Company MN now owns 9,093 shares of the apparel and footwear maker's stock valued at $174,000 after acquiring an additional 1,555 shares during the period. 95.45% of the stock is currently owned by institutional investors and hedge funds.

Zumiez Stock Down 2.1 %

NASDAQ ZUMZ traded down $0.25 during trading on Wednesday, hitting $11.70. The stock had a trading volume of 262,943 shares, compared to its average volume of 297,305. The company has a market capitalization of $228.93 million, a PE ratio of -4.55 and a beta of 0.99. The firm has a 50 day moving average price of $13.61 and a 200 day moving average price of $17.37. Zumiez Inc. has a twelve month low of $11.31 and a twelve month high of $31.37.

Zumiez (NASDAQ:ZUMZ - Get Free Report) last announced its quarterly earnings data on Thursday, March 13th. The apparel and footwear maker reported $0.78 earnings per share for the quarter, missing analysts' consensus estimates of $0.79 by ($0.01). Zumiez had a negative net margin of 5.60% and a negative return on equity of 2.67%. The business had revenue of $279.16 million during the quarter, compared to analyst estimates of $276.47 million. During the same quarter last year, the firm posted $0.40 EPS. The company's revenue for the quarter was down .9% on a year-over-year basis. On average, sell-side analysts anticipate that Zumiez Inc. will post -0.12 earnings per share for the current year.

Zumiez Profile

Zumiez Inc operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. The company provides hardgoods, including skateboards, snowboards, bindings, components, and other equipment. It operates stores in the United States, Canada, Europe, and Australia under the names of Zumiez, Blue Tomato, and Fast Times.