Trexquant Investment LP Has $800,000 Position in Zumiez Inc. (NASDAQ:ZUMZ)

Trexquant Investment LP lowered its holdings in Zumiez Inc. (NASDAQ:ZUMZ - Free Report) by 32.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,720 shares of the apparel and footwear maker's stock after selling 19,842 shares during the quarter. Trexquant Investment LP owned 0.22% of Zumiez worth $800,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Brandywine Global Investment Management LLC acquired a new position in shares of Zumiez in the 4th quarter worth approximately $218,000. Franklin Resources Inc. bought a new stake in Zumiez in the third quarter valued at $236,000. Virtu Financial LLC acquired a new position in Zumiez during the third quarter worth $423,000. Y Intercept Hong Kong Ltd bought a new position in shares of Zumiez during the third quarter valued at $442,000. Finally, Meeder Asset Management Inc. grew its holdings in shares of Zumiez by 364.7% in the 4th 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 last quarter. Institutional investors and hedge funds own 95.45% of the company's stock.

Zumiez Trading Down 2.1 %

ZUMZ stock traded down $0.28 during trading on Thursday, hitting $12.76. 99,188 shares of the stock traded hands, compared to its average volume of 298,540. The stock has a market cap of $244.37 million, a price-to-earnings ratio of -4.98 and a beta of 0.99. Zumiez Inc. has a one year low of $11.97 and a one year high of $31.37. The company has a 50 day simple moving average of $14.26 and a 200 day simple moving average of $18.02.

Zumiez (NASDAQ:ZUMZ - Get Free Report) last announced its earnings results on Thursday, March 13th. The apparel and footwear maker reported $0.78 EPS for the quarter, missing the consensus estimate 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 business had revenue of $279.16 million during the quarter, compared to analyst estimates of $276.47 million. During the same period in the previous year, the firm earned $0.40 earnings per share. The firm's revenue was down .9% compared to the same quarter last year. As a group, analysts predict that Zumiez Inc. will post -0.12 earnings per share for the current fiscal year.

Zumiez Company 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.