Marshall Wace North America L.P. bought a new position in shares of Zumiez Inc. (NASDAQ:ZUMZ) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 12,884 shares of the apparel and footwear maker’s stock, valued at approximately $155,000. Marshall Wace North America L.P. owned 0.05% of Zumiez at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ZUMZ. Dimensional Fund Advisors LP grew its position in shares of Zumiez by 15.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,097,470 shares of the apparel and footwear maker’s stock worth $38,384,000 after buying an additional 274,546 shares during the period. Vanguard Group Inc. grew its position in shares of Zumiez by 9.0% during the 1st quarter. Vanguard Group Inc. now owns 1,653,054 shares of the apparel and footwear maker’s stock worth $30,250,000 after buying an additional 136,027 shares during the period. Massachusetts Financial Services Co. MA grew its position in shares of Zumiez by 34.7% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 303,863 shares of the apparel and footwear maker’s stock worth $5,561,000 after buying an additional 78,233 shares during the period. California Public Employees Retirement System grew its position in shares of Zumiez by 113.9% during the 1st quarter. California Public Employees Retirement System now owns 130,700 shares of the apparel and footwear maker’s stock worth $2,609,000 after buying an additional 69,600 shares during the period. Finally, FMR LLC grew its position in shares of Zumiez by 12.8% during the 1st quarter. FMR LLC now owns 559,822 shares of the apparel and footwear maker’s stock worth $10,244,000 after buying an additional 63,690 shares during the period. Institutional investors own 81.81% of the company’s stock.

Several equities analysts have recently issued reports on ZUMZ shares. Zacks Investment Research upgraded Zumiez from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a research report on Tuesday, September 12th. BidaskClub upgraded Zumiez from a “sell” rating to a “hold” rating in a research report on Friday, August 25th. Robert W. Baird restated a “hold” rating and set a $17.00 target price on shares of Zumiez in a research report on Friday, September 8th. ValuEngine lowered Zumiez from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, BMO Capital Markets set a $16.00 target price on Zumiez and gave the stock a “hold” rating in a research report on Tuesday, August 8th. Eight investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Zumiez presently has an average rating of “Hold” and an average target price of $19.50.

Shares of Zumiez Inc. (ZUMZ) opened at 16.95 on Friday. Zumiez Inc. has a 1-year low of $11.43 and a 1-year high of $26.55. The company has a market cap of $427.65 million, a PE ratio of 17.67 and a beta of 1.27. The firm has a 50-day moving average price of $13.21 and a 200 day moving average price of $14.99.

Zumiez (NASDAQ:ZUMZ) last announced its quarterly earnings data on Thursday, September 7th. The apparel and footwear maker reported ($0.02) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.04. Zumiez had a return on equity of 7.83% and a net margin of 2.78%. The firm had revenue of $192.20 million during the quarter, compared to analysts’ expectations of $192.12 million. During the same quarter last year, the firm posted ($0.03) earnings per share. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. On average, equities analysts anticipate that Zumiez Inc. will post $1.05 earnings per share for the current year.

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About Zumiez

Zumiez Inc, including its subsidiaries, is a specialty retailer of apparel, footwear, accessories and hardgoods for young men and women through the fashion, music, art and culture of action sports, streetwear and other lifestyles. The Company operates under the names Zumiez, Blue Tomato and Fast Times.

Institutional Ownership by Quarter for Zumiez (NASDAQ:ZUMZ)

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