XTX Topco Ltd Decreases Stock Holdings in ZoomInfo Technologies Inc. (NASDAQ:ZI)

XTX Topco Ltd lessened its position in ZoomInfo Technologies Inc. (NASDAQ:ZI) by 68.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 27,229 shares of the company’s stock after selling 59,466 shares during the period. XTX Topco Ltd’s holdings in ZoomInfo Technologies were worth $286,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of ZI. Barclays PLC lifted its stake in ZoomInfo Technologies by 154.7% in the third quarter. Barclays PLC now owns 342,495 shares of the company’s stock worth $3,534,000 after acquiring an additional 208,015 shares during the period. SkyView Investment Advisors LLC purchased a new stake in shares of ZoomInfo Technologies in the 3rd quarter worth about $129,000. American Trust bought a new stake in shares of ZoomInfo Technologies during the 3rd quarter valued at about $104,000. GAMMA Investing LLC increased its position in shares of ZoomInfo Technologies by 29.1% during the fourth quarter. GAMMA Investing LLC now owns 5,152 shares of the company’s stock valued at $54,000 after buying an additional 1,160 shares during the period. Finally, Everence Capital Management Inc. bought a new position in ZoomInfo Technologies in the fourth quarter worth about $163,000. 95.47% of the stock is owned by institutional investors.

ZoomInfo Technologies Stock Up 0.7 %

ZoomInfo Technologies stock opened at $8.79 on Friday. The stock has a market cap of $3.01 billion, a PE ratio of 293.10, a price-to-earnings-growth ratio of 13.05 and a beta of 1.00. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.63 and a current ratio of 0.63. The stock has a fifty day moving average of $9.74 and a 200 day moving average of $10.27. ZoomInfo Technologies Inc. has a one year low of $7.01 and a one year high of $16.98.

ZoomInfo Technologies (NASDAQ:ZI) last posted its quarterly earnings data on Tuesday, February 25th. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $297.64 million. As a group, sell-side analysts predict that ZoomInfo Technologies Inc. will post 0.59 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on ZI shares. Mizuho decreased their target price on ZoomInfo Technologies from $11.00 to $9.00 and set a “neutral” rating for the company in a research report on Tuesday, April 15th. Needham & Company LLC reissued a “buy” rating and set a $15.00 price objective on shares of ZoomInfo Technologies in a research report on Wednesday, February 26th. Stifel Nicolaus increased their price target on shares of ZoomInfo Technologies from $13.00 to $14.00 and gave the stock a “buy” rating in a research note on Wednesday, February 26th. Scotiabank boosted their price objective on shares of ZoomInfo Technologies from $10.30 to $11.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 27th. Finally, Citigroup lifted their target price on shares of ZoomInfo Technologies from $8.50 to $9.00 and gave the company a “sell” rating in a report on Tuesday, February 11th. Five investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $11.00.

ZoomInfo Technologies Company Profile

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.