ZoomInfo Technologies Inc. (NASDAQ:ZI) Stock Holdings Lifted by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. lifted its position in ZoomInfo Technologies Inc. (NASDAQ:ZI) by 6.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,802,180 shares of the company’s stock after acquiring an additional 246,924 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 1.11% of ZoomInfo Technologies worth $39,961,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Jericho Capital Asset Management L.P. purchased a new stake in shares of ZoomInfo Technologies in the fourth quarter worth approximately $116,622,000. Deutsche Bank AG lifted its position in ZoomInfo Technologies by 21,345.2% in the 4th quarter. Deutsche Bank AG now owns 10,228,951 shares of the company’s stock worth $107,506,000 after buying an additional 10,181,253 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of ZoomInfo Technologies by 35.4% during the 4th quarter. JPMorgan Chase & Co. now owns 6,089,358 shares of the company’s stock valued at $63,999,000 after buying an additional 1,591,960 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of ZoomInfo Technologies by 67.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,236,035 shares of the company’s stock valued at $55,029,000 after acquiring an additional 2,118,297 shares in the last quarter. Finally, Hood River Capital Management LLC acquired a new position in shares of ZoomInfo Technologies in the fourth quarter worth $48,336,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

ZoomInfo Technologies Price Performance

Shares of NASDAQ:ZI opened at $9.35 on Friday. The company has a market cap of $3.20 billion, a price-to-earnings ratio of 311.77, a PEG ratio of 13.05 and a beta of 1.02. The business has a 50 day moving average price of $9.37 and a 200 day moving average price of $10.18. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.73. ZoomInfo Technologies Inc. has a twelve month low of $7.01 and a twelve month high of $13.67.

ZoomInfo Technologies (NASDAQ:ZI) last posted its quarterly earnings data on Tuesday, February 25th. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.07). ZoomInfo Technologies had a net margin of 0.74% and a return on equity of 12.05%. The business had revenue of $309.10 million during the quarter, compared to the consensus estimate of $297.64 million. Research analysts predict that ZoomInfo Technologies Inc. will post 0.59 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Canaccord Genuity Group boosted their target price on ZoomInfo Technologies from $14.00 to $15.00 and gave the company a “buy” rating in a research note on Wednesday, February 26th. Stifel Nicolaus boosted their price target on 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 objective on shares of ZoomInfo Technologies from $10.30 to $11.00 and gave the company a “sector perform” rating in a research report on Thursday, February 27th. Morgan Stanley decreased their target price on shares of ZoomInfo Technologies from $13.00 to $10.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 16th. Finally, Mizuho cut their price target on shares of ZoomInfo Technologies from $11.00 to $9.00 and set a “neutral” rating on the stock in a report on Tuesday, April 15th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $10.19.

ZoomInfo Technologies 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.