Marshall Wace LLP Has $4.43 Million Stock Position in Zumiez Inc. (NASDAQ:ZUMZ)

Marshall Wace LLP decreased its holdings in shares of Zumiez Inc. (NASDAQ:ZUMZ - Free Report) by 61.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 231,312 shares of the apparel and footwear maker's stock after selling 376,380 shares during the quarter. Marshall Wace LLP owned approximately 1.21% of Zumiez worth $4,434,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. State Street Corp lifted its stake in shares of Zumiez by 37.0% during the 3rd quarter. State Street Corp now owns 477,152 shares of the apparel and footwear maker's stock worth $10,163,000 after buying an additional 128,774 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of 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 worth $8,071,000 after acquiring an additional 68,676 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Zumiez by 215.1% during the third quarter. JPMorgan Chase & Co. now owns 95,485 shares of the apparel and footwear maker's stock worth $2,034,000 after acquiring an additional 65,182 shares during the period. Tieton Capital Management LLC grew its position in shares of 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 valued at $4,917,000 after purchasing an additional 47,435 shares during the last quarter. Finally, Meeder Asset Management Inc. increased its stake in shares of Zumiez by 364.7% during the fourth quarter. Meeder Asset Management Inc. now owns 26,298 shares of the apparel and footwear maker's stock worth $504,000 after purchasing an additional 20,639 shares during the period. 95.45% of the stock is currently owned by institutional investors and hedge funds.

Zumiez Price Performance

ZUMZ traded down $0.22 during trading on Monday, hitting $11.66. The stock had a trading volume of 212,356 shares, compared to its average volume of 297,059. The company has a 50 day moving average price of $13.78 and a 200-day moving average price of $17.52. Zumiez Inc. has a one year low of $11.42 and a one year high of $31.37. The firm has a market cap of $223.39 million, a price-to-earnings ratio of -4.54 and a beta of 0.99.

Zumiez (NASDAQ:ZUMZ - Get Free Report) last announced its earnings results 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 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 the consensus estimate of $276.47 million. During the same period in the previous year, the firm posted $0.40 EPS. The company's revenue was down .9% compared to the same quarter last year. As a group, sell-side analysts predict 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.