Acadian Asset Management Lifted Holding in Daktronics (DAKT); Great Lakes Advisors Decreased Zumiez (ZUMZ) Stake by $386,928

February 15, 2018 - By Marie Mckinney

Great Lakes Advisors Llc decreased its stake in Zumiez Inc (ZUMZ) by 7.46% based on its latest 2017Q3 regulatory filing with the SEC. Great Lakes Advisors Llc sold 21,496 shares as the company’s stock declined 26.17% while stock markets rallied. The institutional investor held 266,489 shares of the clothing and shoe and accessory stores company at the end of 2017Q3, valued at $4.82 million, down from 287,985 at the end of the previous reported quarter. Great Lakes Advisors Llc who had been investing in Zumiez Inc for a number of months, seems to be less bullish one the $504.99 million market cap company. The stock decreased 1.23% or $0.25 during the last trading session, reaching $20. About 57,384 shares traded. Zumiez Inc. (NASDAQ:ZUMZ) has risen 3.10% since February 15, 2017 and is uptrending. It has underperformed by 13.60% the S&P500.

Acadian Asset Management Llc increased its stake in Daktronics Inc (DAKT) by 123.85% based on its latest 2017Q3 regulatory filing with the SEC. Acadian Asset Management Llc bought 79,891 shares as the company’s stock declined 10.68% while stock markets rallied. The institutional investor held 144,398 shares of the consumer durables company at the end of 2017Q3, valued at $1.53 million, up from 64,507 at the end of the previous reported quarter. Acadian Asset Management Llc who had been investing in Daktronics Inc for a number of months, seems to be bullish on the $417.39M market cap company. The stock decreased 0.05% or $0.01 during the last trading session, reaching $9.39. About 39,642 shares traded. Daktronics, Inc. (NASDAQ:DAKT) has risen 24.81% since February 15, 2017 and is uptrending. It has outperformed by 8.11% the S&P500.

Among 21 analysts covering Zumiez Inc. (NASDAQ:ZUMZ), 7 have Buy rating, 2 Sell and 12 Hold. Therefore 33% are positive. Zumiez Inc. had 64 analyst reports since August 5, 2015 according to SRatingsIntel. On Friday, September 8 the stock rating was upgraded by B. Riley & Co to “Buy”. The stock of Zumiez Inc. (NASDAQ:ZUMZ) has “Overweight” rating given on Friday, October 14 by Piper Jaffray. The firm earned “Neutral” rating on Thursday, August 6 by Mizuho. The stock of Zumiez Inc. (NASDAQ:ZUMZ) has “Neutral” rating given on Friday, September 11 by B. Riley & Co. The firm has “Hold” rating given on Thursday, June 1 by BMO Capital Markets. Sterne Agee CRT maintained Zumiez Inc. (NASDAQ:ZUMZ) on Friday, September 11 with “Fairly Valued” rating. The firm has “Neutral” rating given on Thursday, August 6 by Roth Capital. The stock of Zumiez Inc. (NASDAQ:ZUMZ) has “Hold” rating given on Tuesday, August 8 by BMO Capital Markets. The rating was maintained by Mizuho with “Neutral” on Friday, December 4. The firm has “Market Perform” rating given on Tuesday, December 1 by William Blair.

Investors sentiment decreased to 1.27 in Q3 2017. Its down 0.01, from 1.28 in 2017Q2. It is negative, as 20 investors sold ZUMZ shares while 35 reduced holdings. 27 funds opened positions while 43 raised stakes. 18.43 million shares or 8.18% less from 20.07 million shares in 2017Q2 were reported. Price T Rowe Associates Incorporated Md owns 0.01% invested in Zumiez Inc. (NASDAQ:ZUMZ) for 2.20M shares. Great West Life Assurance Company Can invested in 0% or 24,428 shares. 112,687 were reported by Barclays Public Limited Company. Principal Financial Gp holds 0% or 136,808 shares in its portfolio. Ls Investment Advsrs Limited Liability Corporation has 4,952 shares for 0.01% of their portfolio. 57,173 were reported by Acadian Asset Mngmt Limited Liability Com. Td Asset Mngmt has 40,320 shares. Ameriprise Fincl has invested 0% of its portfolio in Zumiez Inc. (NASDAQ:ZUMZ). Menta Cap Ltd Liability owns 36,000 shares for 0.1% of their portfolio. Sg Americas Limited Co has invested 0% in Zumiez Inc. (NASDAQ:ZUMZ). Fuller And Thaler Asset Management has 176,409 shares for 0.04% of their portfolio. Wasatch holds 0.01% or 44,947 shares in its portfolio. Capital Fund Management stated it has 12,300 shares or 0% of all its holdings. New York-based Millennium Mngmt Ltd Com has invested 0% in Zumiez Inc. (NASDAQ:ZUMZ). 29,423 were accumulated by California State Teachers Retirement Sys.

Analysts await Zumiez Inc. (NASDAQ:ZUMZ) to report earnings on March, 8. They expect $0.80 EPS, up 8.11% or $0.06 from last year’s $0.74 per share. ZUMZ’s profit will be $20.20M for 6.25 P/E if the $0.80 EPS becomes a reality. After $0.48 actual EPS reported by Zumiez Inc. for the previous quarter, Wall Street now forecasts 66.67% EPS growth.

Great Lakes Advisors Llc, which manages about $5.40 billion and $4.25B US Long portfolio, upped its stake in Jacobs Engr Group Inc Del (NYSE:JEC) by 8,476 shares to 140,215 shares, valued at $8.17M in 2017Q3, according to the filing. It also increased its holding in Renaissance Re Hldgs Ltd (NYSE:RNR) by 9,541 shares in the quarter, for a total of 26,570 shares, and has risen its stake in Integra Lifesciences Hldgs C (NASDAQ:IART).

Investors sentiment decreased to 1.36 in Q3 2017. Its down 0.06, from 1.42 in 2017Q2. It dived, as 11 investors sold DAKT shares while 36 reduced holdings. 24 funds opened positions while 40 raised stakes. 22.52 million shares or 5.23% more from 21.40 million shares in 2017Q2 were reported. 40,557 are owned by State Board Of Administration Of Florida Retirement Sys. D E Shaw And Communication Inc accumulated 278,473 shares or 0% of the stock. Manufacturers Life The accumulated 30,000 shares or 0% of the stock. Deutsche Fincl Bank Ag invested in 141,139 shares or 0% of the stock. Louisiana State Employees Retirement holds 0.01% or 15,800 shares in its portfolio. Spark Inv Ltd Company holds 96,100 shares. Texas Permanent School Fund holds 28,452 shares. Comerica State Bank owns 41,033 shares for 0% of their portfolio. First Personal Fincl Serv owns 0.28% invested in Daktronics, Inc. (NASDAQ:DAKT) for 127,602 shares. Parkside National Bank & Trust invested in 22 shares. California State Teachers Retirement System owns 57,435 shares for 0% of their portfolio. Bnp Paribas Arbitrage has 19,785 shares for 0% of their portfolio. Gabelli Funds owns 40,000 shares. South Dakota Invest Council holds 0.07% of its portfolio in Daktronics, Inc. (NASDAQ:DAKT) for 311,286 shares. 52,989 were reported by Great West Life Assurance Company Can.

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