State Street Corp Sells 2,877 Shares of ZimVie Inc. (NASDAQ:ZIMV)

State Street Corp trimmed its position in ZimVie Inc. (NASDAQ:ZIMV) by 0.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 635,501 shares of the company’s stock after selling 2,877 shares during the period. State Street Corp owned about 2.30% of ZimVie worth $10,085,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Dimensional Fund Advisors LP lifted its stake in shares of ZimVie by 3.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,035,069 shares of the company’s stock worth $18,889,000 after purchasing an additional 36,846 shares during the period. American Century Companies Inc. increased its holdings in ZimVie by 212.8% during the second quarter. American Century Companies Inc. now owns 412,434 shares of the company’s stock valued at $7,527,000 after buying an additional 280,565 shares during the last quarter. Renaissance Technologies LLC raised its position in ZimVie by 26.6% in the second quarter. Renaissance Technologies LLC now owns 406,400 shares of the company’s stock worth $7,417,000 after acquiring an additional 85,300 shares during the period. Jacobs Levy Equity Management Inc. boosted its stake in shares of ZimVie by 1.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 398,306 shares of the company’s stock worth $6,321,000 after acquiring an additional 6,235 shares during the last quarter. Finally, First Eagle Investment Management LLC grew its position in shares of ZimVie by 17.1% during the 2nd quarter. First Eagle Investment Management LLC now owns 260,481 shares of the company’s stock valued at $4,754,000 after acquiring an additional 38,124 shares during the period. 95.63% of the stock is currently owned by institutional investors.

ZimVie Trading Up 1.9 %

NASDAQ:ZIMV opened at $14.11 on Friday. The firm has a market capitalization of $389.42 million, a price-to-earnings ratio of -1.08 and a beta of 2.12. 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 business has a fifty day moving average price of $14.06 and a 200-day moving average price of $16.22. ZimVie Inc. has a one year low of $13.01 and a one year high of $22.40.

ZimVie 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.