Dynamic Technology Lab Private Ltd Increases Stock Holdings in Zumiez Inc. (NASDAQ:ZUMZ)

Dynamic Technology Lab Private Ltd raised its position in Zumiez Inc. (NASDAQ:ZUMZ) by 11.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,819 shares of the apparel and footwear maker’s stock after acquiring an additional 4,880 shares during the quarter. Dynamic Technology Lab Private Ltd owned approximately 0.24% of Zumiez worth $898,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of ZUMZ. Quarry LP grew its holdings in shares of Zumiez by 315.1% in the third quarter. Quarry LP now owns 1,764 shares of the apparel and footwear maker’s stock valued at $38,000 after purchasing an additional 1,339 shares in the last quarter. Point72 DIFC Ltd acquired a new position in shares of Zumiez in the third quarter worth $110,000. Wells Fargo & Company MN increased its position in shares of Zumiez by 20.6% during the fourth quarter. Wells Fargo & Company MN now owns 9,093 shares of the apparel and footwear maker’s stock worth $174,000 after acquiring an additional 1,555 shares during the period. Brandywine Global Investment Management LLC acquired a new stake in shares of Zumiez in the fourth quarter valued at $218,000. Finally, Franklin Resources Inc. purchased a new position in Zumiez in the third quarter valued at $236,000. 95.45% of the stock is currently owned by hedge funds and other institutional investors.

Zumiez Price Performance

Shares of NASDAQ ZUMZ opened at $13.11 on Monday. The company has a market cap of $251.17 million, a price-to-earnings ratio of -5.10 and a beta of 0.99. The stock’s 50-day moving average is $14.80 and its two-hundred day moving average is $18.56. Zumiez Inc. has a 1-year low of $11.63 and a 1-year high of $31.37.

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