Zumiez Inc. (NASDAQ:ZUMZ) Shares Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC grew its holdings in shares of Zumiez Inc. (NASDAQ:ZUMZ) by 37.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,397 shares of the apparel and footwear maker’s stock after buying an additional 4,968 shares during the period. Hsbc Holdings PLC’s holdings in Zumiez were worth $345,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Barclays PLC grew its position in shares of Zumiez by 55.6% during the third quarter. Barclays PLC now owns 47,387 shares of the apparel and footwear maker’s stock worth $1,010,000 after acquiring an additional 16,934 shares during the last quarter. JPMorgan Chase & Co. lifted 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 purchasing an additional 65,182 shares during the period. Victory Capital Management Inc. grew its position in Zumiez by 26.7% in the 4th quarter. Victory Capital Management Inc. now owns 34,827 shares of the apparel and footwear maker’s stock valued at $668,000 after buying an additional 7,336 shares during the last quarter. Vanguard Group Inc. increased its stake in Zumiez by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 1,046,487 shares of the apparel and footwear maker’s stock valued at $20,061,000 after buying an additional 10,953 shares during the period. Finally, Tieton Capital Management LLC lifted its stake in shares of Zumiez by 22.7% in the 4th quarter. Tieton Capital Management LLC now owns 256,505 shares of the apparel and footwear maker’s stock worth $4,917,000 after acquiring an additional 47,435 shares during the period. 95.45% of the stock is owned by institutional investors and hedge funds.

Zumiez Stock Performance

Zumiez stock opened at $12.31 on Friday. Zumiez Inc. has a one year low of $11.31 and a one year high of $31.37. The company has a market cap of $240.87 million, a P/E ratio of -4.79 and a beta of 0.93. The business has a fifty day moving average of $13.34 and a two-hundred day moving average of $16.92.

Zumiez (NASDAQ:ZUMZ) last posted 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). The company 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%. Zumiez’s quarterly revenue was down .9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.40 EPS. Sell-side analysts predict that Zumiez Inc. will post -0.12 EPS for the current 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.