Keybank National Association OH reduced its position in Zumiez Inc. (NASDAQ:ZUMZ) by 9.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,452 shares of the apparel and footwear maker’s stock after selling 1,791 shares during the quarter. Keybank National Association OH owned 0.07% of Zumiez worth $203,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of ZUMZ. Great West Life Assurance Co. Can boosted its holdings in shares of Zumiez by 13.0% in the 1st quarter. Great West Life Assurance Co. Can now owns 24,428 shares of the apparel and footwear maker’s stock worth $447,000 after purchasing an additional 2,817 shares in the last quarter. State Board of Administration of Florida Retirement System boosted its holdings in shares of Zumiez by 0.5% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 18,594 shares of the apparel and footwear maker’s stock worth $340,000 after purchasing an additional 88 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Zumiez by 1.4% in the 1st quarter. Bank of New York Mellon Corp now owns 216,190 shares of the apparel and footwear maker’s stock worth $3,957,000 after purchasing an additional 3,001 shares in the last quarter. BNP Paribas Arbitrage SA boosted its holdings in shares of Zumiez by 4.6% in the 1st quarter. BNP Paribas Arbitrage SA now owns 10,082 shares of the apparel and footwear maker’s stock worth $185,000 after purchasing an additional 441 shares in the last quarter. Finally, Comerica Bank boosted its holdings in shares of Zumiez by 2.9% in the 1st quarter. Comerica Bank now owns 19,309 shares of the apparel and footwear maker’s stock worth $350,000 after purchasing an additional 547 shares in the last quarter. Hedge funds and other institutional investors own 81.81% of the company’s stock.

A number of research firms have recently issued reports on ZUMZ. B. Riley reiterated a “buy” rating and issued a $18.00 price objective on shares of Zumiez in a report on Wednesday. Zacks Investment Research upgraded Zumiez from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a report on Tuesday, September 12th. BMO Capital Markets set a $16.00 price objective on Zumiez and gave the stock a “hold” rating in a report on Sunday, September 10th. Robert W. Baird reiterated a “hold” rating and issued a $17.00 price objective on shares of Zumiez in a report on Friday, September 8th. Finally, BidaskClub upgraded Zumiez from a “sell” rating to a “hold” rating in a report on Friday, August 25th. Eight analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $19.50.

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

Zumiez (NASDAQ:ZUMZ) last issued its quarterly earnings data on Thursday, September 7th. The apparel and footwear maker reported ($0.02) earnings per share for the quarter, topping the Thomson Reuters’ 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 company had revenue of $192.20 million for the quarter, compared to analysts’ expectations of $192.12 million. During the same period in the previous year, the firm posted ($0.03) earnings per share. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. Analysts anticipate that Zumiez Inc. will post $1.05 EPS for the current year.

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Zumiez Profile

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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