Teachers Retirement System of The State of Kentucky Has $109,000 Holdings in Zumiez Inc. (ZUMZ)

Teachers Retirement System of The State of Kentucky continued to hold its position in Zumiez Inc. (NASDAQ:ZUMZ) during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 8,800 shares of the apparel and footwear maker’s stock at the end of the 2nd quarter. Teachers Retirement System of The State of Kentucky’s holdings in Zumiez were worth $109,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. State Board of Administration of Florida Retirement System increased its holdings in shares of Zumiez by 0.5% during 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 buying an additional 88 shares during the last quarter. Texas Permanent School Fund increased its holdings in shares of Zumiez by 2.1% during the 2nd quarter. Texas Permanent School Fund now owns 12,877 shares of the apparel and footwear maker’s stock worth $159,000 after buying an additional 260 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Zumiez by 1.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 91,853 shares of the apparel and footwear maker’s stock worth $1,135,000 after buying an additional 1,135 shares during the last quarter. Prudential Financial Inc. increased its holdings in shares of Zumiez by 2.5% during the 1st quarter. Prudential Financial Inc. now owns 58,226 shares of the apparel and footwear maker’s stock worth $1,066,000 after buying an additional 1,421 shares during the last quarter. Finally, Principal Financial Group Inc. increased its holdings in shares of Zumiez by 1.3% during the 2nd quarter. Principal Financial Group Inc. now owns 134,150 shares of the apparel and footwear maker’s stock worth $1,657,000 after buying an additional 1,686 shares during the last quarter. Institutional investors and hedge funds own 81.23% of the company’s stock.

A number of research firms have recently commented on ZUMZ. Robert W. Baird restated a “neutral” rating and set a $17.00 price objective on shares of Zumiez in a report on Tuesday, October 3rd. B. Riley restated a “buy” rating and set a $21.00 price objective (up from $18.00) on shares of Zumiez in a report on Thursday, October 5th. Jefferies Group LLC set a $15.00 price objective on Zumiez and gave the stock a “hold” rating in a report on Thursday, October 5th. 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. Finally, 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. Eight research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $18.89.

Shares of Zumiez Inc. (NASDAQ ZUMZ) opened at 17.40 on Tuesday. The company has a 50-day moving average price of $17.48 and a 200 day moving average price of $14.81. The firm has a market capitalization of $439.00 million, a P/E ratio of 18.14 and a beta of 1.36. Zumiez Inc. has a one year low of $11.43 and a one year high of $26.55.

Zumiez (NASDAQ:ZUMZ) last released its quarterly earnings data on Thursday, September 7th. The apparel and footwear maker reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.04. Zumiez had a net margin of 2.78% and a return on equity of 7.83%. The business had revenue of $192.20 million during the quarter, compared to analyst estimates of $192.12 million. During the same quarter in the previous year, the business earned ($0.03) EPS. Zumiez’s quarterly revenue was up 7.8% compared to the same quarter last year. Analysts expect that Zumiez Inc. will post $1.05 earnings per share for the current fiscal 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.

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Institutional Ownership by Quarter for Zumiez (NASDAQ:ZUMZ)

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