Tieton Capital Management LLC Grows Position in Zumiez Inc. (NASDAQ:ZUMZ)

Tieton Capital Management LLC boosted its stake in Zumiez Inc. (NASDAQ:ZUMZ) by 22.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 256,505 shares of the apparel and footwear maker’s stock after purchasing an additional 47,435 shares during the quarter. Zumiez comprises 2.0% of Tieton Capital Management LLC’s portfolio, making the stock its 25th largest position. Tieton Capital Management LLC owned about 1.34% of Zumiez worth $4,917,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Zumiez by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 1,046,487 shares of the apparel and footwear maker’s stock valued at $20,061,000 after purchasing an additional 10,953 shares during the period. State Street Corp lifted its position in Zumiez by 37.0% during the third quarter. State Street Corp now owns 477,152 shares of the apparel and footwear maker’s stock valued at $10,163,000 after buying an additional 128,774 shares in the last quarter. Jacobs Levy Equity Management Inc. lifted its position in Zumiez by 42.0% during the third quarter. Jacobs Levy Equity Management Inc. now owns 416,274 shares of the apparel and footwear maker’s stock valued at $8,867,000 after buying an additional 123,047 shares in the last quarter. Geode Capital Management LLC lifted its position in Zumiez by 0.3% during the third quarter. Geode Capital Management LLC now owns 388,589 shares of the apparel and footwear maker’s stock valued at $8,279,000 after buying an additional 1,195 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in Zumiez by 225.4% during the third quarter. Jane Street Group LLC now owns 151,424 shares of the apparel and footwear maker’s stock valued at $3,225,000 after buying an additional 104,892 shares in the last quarter. 95.45% of the stock is currently owned by hedge funds and other institutional investors.

Zumiez Stock Down 5.0 %

Shares of ZUMZ stock opened at $14.40 on Monday. The stock has a market cap of $275.89 million, a price-to-earnings ratio of -5.60 and a beta of 1.23. Zumiez Inc. has a fifty-two week low of $12.67 and a fifty-two week high of $31.37. The firm’s 50 day moving average price is $15.07 and its two-hundred day moving average price is $19.21.

Zumiez (NASDAQ:ZUMZ) last posted its earnings results 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). Zumiez had a negative return on equity of 2.67% and a negative net margin of 5.60%. The firm had revenue of $279.16 million for the quarter, compared to analyst estimates of $276.47 million. During the same period in the previous year, the firm posted $0.40 earnings per share. The company’s revenue for the quarter was down .9% on a year-over-year basis. On average, equities analysts forecast 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.