Meeder Asset Management Inc. Has $504,000 Stock Position in Zumiez Inc. (NASDAQ:ZUMZ)

Meeder Asset Management Inc. boosted its holdings in Zumiez Inc. (NASDAQ:ZUMZ) by 364.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 26,298 shares of the apparel and footwear maker’s stock after acquiring an additional 20,639 shares during the quarter. Meeder Asset Management Inc.’s holdings in Zumiez were worth $504,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ZUMZ. Geode Capital Management LLC boosted its stake in shares of 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 purchasing an additional 1,195 shares in the last quarter. Quarry LP boosted its position in Zumiez by 315.1% during the 3rd quarter. Quarry LP now owns 1,764 shares of the apparel and footwear maker’s stock worth $38,000 after buying an additional 1,339 shares during the period. Point72 DIFC Ltd acquired a new stake in Zumiez during the 3rd quarter worth approximately $110,000. Victory Capital Management Inc. grew its holdings in Zumiez by 26.7% during the 4th quarter. Victory Capital Management Inc. now owns 34,827 shares of the apparel and footwear maker’s stock worth $668,000 after acquiring an additional 7,336 shares during the last quarter. Finally, Public Employees Retirement System of Ohio increased its position in Zumiez by 32.9% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 36,841 shares of the apparel and footwear maker’s stock valued at $785,000 after acquiring an additional 9,124 shares during the period. Institutional investors own 95.45% of the company’s stock.

Zumiez Stock Performance

Shares of NASDAQ:ZUMZ opened at $14.89 on Tuesday. Zumiez Inc. has a 52 week low of $12.67 and a 52 week high of $31.37. The firm has a market cap of $285.28 million, a PE ratio of -5.79 and a beta of 1.23. The firm’s fifty day moving average is $14.96 and its 200-day moving average is $18.82.

Zumiez (NASDAQ:ZUMZ) 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). The company had revenue of $279.16 million for the quarter, compared to analyst estimates of $276.47 million. Zumiez had a negative return on equity of 2.67% and a negative net margin of 5.60%. The firm’s quarterly revenue was down .9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.40 earnings per share. Sell-side analysts forecast that Zumiez Inc. will post -0.12 EPS for the current 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.