Barclays PLC Has $3.80 Million Stock Holdings in Ziff Davis, Inc. (NASDAQ:ZD)

Barclays PLC decreased its position in Ziff Davis, Inc. (NASDAQ:ZD - Free Report) by 90.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 78,027 shares of the technology company's stock after selling 702,964 shares during the period. Barclays PLC owned 0.18% of Ziff Davis worth $3,798,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ZD. Rothschild Investment LLC bought a new position in shares of Ziff Davis in the 2nd quarter worth $25,000. Quest Partners LLC acquired a new stake in shares of Ziff Davis in the 2nd quarter valued at approximately $38,000. Innealta Capital LLC bought a new position in Ziff Davis during the 2nd quarter worth approximately $75,000. DekaBank Deutsche Girozentrale acquired a new position in Ziff Davis during the second quarter valued at approximately $93,000. Finally, Meeder Asset Management Inc. bought a new stake in Ziff Davis in the second quarter valued at approximately $133,000. 99.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Royal Bank of Canada reiterated an "outperform" rating and issued a $95.00 price target on shares of Ziff Davis in a report on Friday, September 6th. Barclays raised their target price on shares of Ziff Davis from $44.00 to $61.00 and gave the company an "equal weight" rating in a research note on Monday, November 11th. Finally, UBS Group dropped their price objective on shares of Ziff Davis from $76.00 to $65.00 and set a "neutral" rating on the stock in a research report on Tuesday, December 3rd. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $69.71.

Ziff Davis Trading Down 1.1 %

Shares of ZD traded down $0.62 during mid-day trading on Monday, reaching $55.55. 332,654 shares of the company were exchanged, compared to its average volume of 444,549. The business has a 50 day simple moving average of $53.58 and a two-hundred day simple moving average of $50.51. Ziff Davis, Inc. has a 52 week low of $37.76 and a 52 week high of $70.90. The stock has a market capitalization of $2.37 billion, a PE ratio of 47.08 and a beta of 1.35. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.42 and a current ratio of 1.42.

Ziff Davis Profile

Ziff Davis, Inc, together with its subsidiaries, operates as a digital media and internet company in the United States and internationally. The company offers PCMag, an online resource for laboratory-based product reviews, technology news, buying guides, and research papers; Mashable for publishing technology and culture content; Spiceworks Ziff Davis provides digital content of IT products and services; retailMeNot, a savings destination platform; Offers.com, a coupon and deals website; and event-based properties, including BlackFriday.com, TheBlackFriday.com, BestBlackFriday.com, and DealsofAmerica.com.