Divisar Capital Management LLC Grows Position in Zumiez Inc. (NASDAQ:ZUMZ)

Divisar Capital Management LLC lifted its position in Zumiez Inc. (NASDAQ:ZUMZ - Free Report) by 33.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 691,879 shares of the apparel and footwear maker's stock after buying an additional 172,362 shares during the period. Zumiez makes up about 2.9% of Divisar Capital Management LLC's investment portfolio, making the stock its 14th biggest position. Divisar Capital Management LLC owned approximately 3.61% of Zumiez worth $13,263,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of ZUMZ. Vanguard Group Inc. boosted its stake in shares of Zumiez by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 1,046,487 shares of the apparel and footwear maker's stock worth $20,061,000 after acquiring an additional 10,953 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Zumiez by 19.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 421,045 shares of the apparel and footwear maker's stock valued at $8,071,000 after purchasing an additional 68,676 shares in the last quarter. Geode Capital Management LLC grew its holdings in Zumiez by 0.3% during the third quarter. Geode Capital Management LLC now owns 388,589 shares of the apparel and footwear maker's stock valued at $8,279,000 after purchasing an additional 1,195 shares during the period. Tieton Capital Management LLC increased its position in Zumiez by 22.7% in the fourth quarter. Tieton Capital Management LLC now owns 256,505 shares of the apparel and footwear maker's stock worth $4,917,000 after buying an additional 47,435 shares in the last quarter. Finally, Northern Trust Corp raised its stake in shares of Zumiez by 3.2% in the fourth quarter. Northern Trust Corp now owns 157,666 shares of the apparel and footwear maker's stock worth $3,022,000 after buying an additional 4,955 shares during the period. Institutional investors own 95.45% of the company's stock.

Zumiez Price Performance

Shares of NASDAQ:ZUMZ traded up $0.39 during mid-day trading on Friday, reaching $12.05. 255,217 shares of the company traded hands, compared to its average volume of 298,099. The company's 50 day moving average price is $13.51 and its 200-day moving average price is $17.18. The firm has a market cap of $235.78 million, a PE ratio of -4.69 and a beta of 0.99. Zumiez Inc. has a 52 week low of $11.31 and a 52 week 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 (EPS) for the quarter, missing analysts' consensus estimates of $0.79 by ($0.01). Zumiez had a negative return on equity of 2.67% and a negative net margin of 5.60%. The firm had revenue of $279.16 million during the quarter, compared to analysts' expectations of $276.47 million. During the same period last year, the company earned $0.40 earnings per share. The business's revenue for the quarter was down .9% on a year-over-year basis. On average, research analysts predict that Zumiez Inc. will post -0.12 earnings per share for the current fiscal year.

About Zumiez

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.