Monarch Capital Management Inc. boosted its position in ZimVie Inc. (NASDAQ:ZIMV – Free Report) by 6.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 65,560 shares of the company’s stock after purchasing an additional 3,847 shares during the quarter. Monarch Capital Management Inc. owned about 0.24% of ZimVie worth $915,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Quarry LP raised its holdings in shares of ZimVie by 337.8% during the second quarter. Quarry LP now owns 1,655 shares of the company’s stock valued at $30,000 after buying an additional 1,277 shares during the last quarter. SG Americas Securities LLC acquired a new stake in ZimVie in the 3rd quarter valued at approximately $152,000. The Manufacturers Life Insurance Company bought a new stake in ZimVie during the 2nd quarter valued at $191,000. Principal Financial Group Inc. acquired a new position in ZimVie during the 3rd quarter worth $275,000. Finally, Truist Financial Corp bought a new position in shares of ZimVie in the second quarter worth $411,000. 95.63% of the stock is owned by institutional investors and hedge funds.
ZimVie Stock Up 1.7 %
Shares of NASDAQ ZIMV opened at $14.29 on Friday. The firm’s 50-day simple moving average is $13.96 and its 200 day simple moving average is $15.91. ZimVie Inc. has a fifty-two week low of $13.01 and a fifty-two week high of $22.40. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.38 and a current ratio of 1.94.
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.
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