LSV Asset Management Has $13.39 Million Holdings in ZimVie Inc. (NASDAQ:ZIMV)

LSV Asset Management lifted its stake in ZimVie Inc. (NASDAQ:ZIMV) by 0.2% during the 4th quarter, HoldingsChannel reports. The fund owned 754,229 shares of the company’s stock after buying an additional 1,200 shares during the period. LSV Asset Management’s holdings in ZimVie were worth $13,388,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in ZIMV. SG Americas Securities LLC acquired a new stake in ZimVie during the third quarter worth about $105,000. Bailard Inc. acquired a new stake in shares of ZimVie during the 4th quarter worth approximately $254,000. Jump Financial LLC bought a new stake in shares of ZimVie during the third quarter valued at approximately $137,000. Principal Financial Group Inc. raised its stake in shares of ZimVie by 22.0% in the third quarter. Principal Financial Group Inc. now owns 15,995 shares of the company’s stock valued at $151,000 after purchasing an additional 2,880 shares in the last quarter. Finally, WINTON GROUP Ltd lifted its position in ZimVie by 78.4% in the third quarter. WINTON GROUP Ltd now owns 21,575 shares of the company’s stock worth $203,000 after purchasing an additional 9,483 shares during the period. Institutional investors own 95.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Barclays increased their price objective on shares of ZimVie from $13.00 to $16.00 and gave the company an “underweight” rating in a research note on Tuesday, March 5th. Needham & Company LLC reissued a “hold” rating on shares of ZimVie in a research report on Thursday, April 11th.

ZimVie Price Performance

ZimVie stock opened at $16.05 on Wednesday. ZimVie Inc. has a 52-week low of $6.52 and a 52-week high of $20.91. The company has a current ratio of 2.78, a quick ratio of 2.32 and a debt-to-equity ratio of 1.26. The stock has a fifty day moving average price of $16.48 and a two-hundred day moving average price of $14.99.

ZimVie (NASDAQ:ZIMV) last announced its earnings results on Wednesday, February 28th. The company reported $0.10 earnings per share (EPS) for the quarter. The business had revenue of $113.07 million during the quarter. ZimVie had a negative net margin of 51.33% and a positive return on equity of 2.44%.

ZimVie Company Profile

ZimVie Inc, together with its subsidiaries, develops, manufactures, and markets a portfolio of products and solutions designed to treat various spine pathologies, and support dental tooth replacement and restoration procedures worldwide. It operates through two segments, The Dental Segment and The Spine Segment.