Barclays PLC lifted its stake in shares of ZimVie Inc. (NASDAQ:ZIMV – Free Report) by 338.4% during the third quarter, Holdings Channel.com reports. The fund owned 43,437 shares of the company’s stock after purchasing an additional 33,529 shares during the period. Barclays PLC’s holdings in ZimVie were worth $690,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of ZIMV. Y Intercept Hong Kong Ltd acquired a new stake in shares of ZimVie during the third quarter worth $528,000. Jacobs Levy Equity Management Inc. grew its stake in ZimVie by 1.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 398,306 shares of the company’s stock valued at $6,321,000 after acquiring an additional 6,235 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of ZimVie in the third quarter worth approximately $470,000. Segall Bryant & Hamill LLC purchased a new stake in ZimVie in the 3rd quarter worth approximately $891,000. Finally, Principal Financial Group Inc. purchased a new position in shares of ZimVie during the 3rd quarter valued at $275,000. Institutional investors own 95.63% of the company’s stock.
ZimVie Stock Up 0.3 %
ZIMV opened at $13.95 on Thursday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.94 and a quick ratio of 1.38. The company has a market capitalization of $385.01 million, a PE ratio of -1.06 and a beta of 2.12. The business has a 50-day moving average of $14.03 and a 200-day moving average of $16.16. ZimVie Inc. has a fifty-two week low of $13.01 and a fifty-two week high of $22.40.
About ZimVie
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.
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