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

Divisar Capital Management LLC increased its stake in shares of Zumiez Inc. (NASDAQ:ZUMZ - Free Report) by 33.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 691,879 shares of the apparel and footwear maker's stock after purchasing an additional 172,362 shares during the quarter. Zumiez makes up about 2.9% of Divisar Capital Management LLC's portfolio, making the stock its 14th largest holding. Divisar Capital Management LLC owned about 3.61% of Zumiez worth $13,263,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Zumiez Price Performance

Shares of NASDAQ ZUMZ traded down $0.34 during mid-day trading on Tuesday, reaching $11.66. 76,368 shares of the company's stock were exchanged, compared to its average volume of 296,882. The firm has a 50-day moving average price of $13.47 and a two-hundred day moving average price of $17.07. Zumiez Inc. has a 52 week low of $11.11 and a 52 week high of $31.37. The firm has a market capitalization of $228.05 million, a price-to-earnings ratio of -4.54 and a beta of 0.93.

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