2 weeks Ago By Defense World Staff
Alliancebernstein L.P. reduced its stake in ZoomInfo Technologies Inc.
(NASDAQ:ZI – Free Report) by 5.8% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 378,067 shares of the company’s stock after selling 23,259 shares during the quarter.
Alliancebernstein L.P. owned 0.
11% of ZoomInfo Technologies worth $3,973,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Fifth Third Bancorp raised its stake in shares of ZoomInfo Technologies by 47.
8% in the fourth quarter. Fifth Third Bancorp now owns 3,836 shares of the company’s stock valued at $40,000 after buying an additional 1,241 shares during the period. GAMMA Investing LLC increased its holdings in ZoomInfo Technologies by 29.
1% in the 4th quarter. GAMMA Investing LLC now owns 5,152 shares of the company’s stock worth $54,000 after acquiring an additional 1,160 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in ZoomInfo Technologies by 343.
1% in the 4th quarter. Nisa Investment Advisors LLC now owns 6,115 shares of the company’s stock valued at $64,000 after acquiring an additional 4,735 shares during the period. SRS Capital Advisors Inc.
boosted its position in ZoomInfo Technologies by 183.9% during the fourth quarter. SRS Capital Advisors Inc.
now owns 8,441 shares of the company’s stock worth $89,000 after purchasing an additional 5,468 shares during the period. Finally, American Trust bought a new position in ZoomInfo Technologies during the third quarter worth about $104,000. 95.
47% of the stock is owned by hedge funds and other institutional investors. ZoomInfo Technologies Stock PerformanceShares of NASDAQ ZI opened at $7.93 on Monday.
The stock’s 50-day moving average is $10.16 and its 200 day moving average is $10.40.
The stock has a market cap of $2.71 billion, a price-to-earnings ratio of 264.42, a P/E/G ratio of 13.
05 and a beta of 1.00. ZoomInfo Technologies Inc.
has a 1-year low of $7.01 and a 1-year high of $16.98.
The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.
73. ZoomInfo Technologies (NASDAQ:ZI – Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The company reported $0.
16 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.07).
ZoomInfo Technologies had a return on equity of 12.05% and a net margin of 0.74%.
The business had revenue of $309.10 million for the quarter, compared to analysts’ expectations of $297.64 million.
On average, sell-side analysts anticipate that ZoomInfo Technologies Inc. will post 0.59 EPS for the current fiscal year.
Analysts Set New Price TargetsA number of analysts recently commented on ZI shares. Stifel Nicolaus upped their price target on shares of ZoomInfo Technologies from $13.00 to $14.
00 and gave the company a “buy” rating in a research note on Wednesday, February 26th. Scotiabank raised their price target on ZoomInfo Technologies from $10.30 to $11.
00 and gave the stock a “sector perform” rating in a report on Thursday, February 27th. Canaccord Genuity Group increased their price objective on ZoomInfo Technologies from $14.00 to $15.
00 and gave the stock a “buy” rating in a report on Wednesday, February 26th. Wells Fargo & Company raised their target price on ZoomInfo Technologies from $11.00 to $12.
00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 26th. Finally, Citigroup upped their price target on ZoomInfo Technologies from $8.50 to $9.
00 and gave the company a “sell” rating in a research report on Tuesday, February 11th. Five research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, ZoomInfo Technologies currently has a consensus rating of “Hold” and an average target price of $11.
92.Check Out Our Latest Analysis on ZIZoomInfo Technologies Profile (Free Report)ZoomInfo Technologies Inc, together with its subsidiaries, provides go-to-market intelligence and engagement platform for sales and marketing teams in the United States and internationally. The company's cloud-based platform provides information on organizations and professionals to help users identify target customers and decision makers, obtain continually updated predictive lead and company scoring, monitor buying signals and other attributes of target companies, craft messages, engage through automated sales tools, and track progress through the deal cycle.
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