Barclays PLC Acquires 447,510 Shares of ZoomInfo Technologies Inc. (NASDAQ:ZI)

Barclays PLC lifted its stake in shares of ZoomInfo Technologies Inc. (NASDAQ:ZI - Free Report) by 130.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 790,005 shares of the company's stock after purchasing an additional 447,510 shares during the period. Barclays PLC owned 0.23% of ZoomInfo Technologies worth $8,303,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Fifth Third Bancorp lifted its position in shares of ZoomInfo Technologies by 47.8% during the 4th 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 last quarter. GAMMA Investing LLC increased its stake in shares of ZoomInfo Technologies by 29.1% in the fourth quarter. GAMMA Investing LLC now owns 5,152 shares of the company's stock worth $54,000 after purchasing an additional 1,160 shares in the last quarter. Nisa Investment Advisors LLC raised its position in shares of ZoomInfo Technologies by 343.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 6,115 shares of the company's stock valued at $64,000 after purchasing an additional 4,735 shares during the period. SRS Capital Advisors Inc. lifted its stake in shares of ZoomInfo Technologies by 183.9% during the 4th quarter. SRS Capital Advisors Inc. now owns 8,441 shares of the company's stock valued at $89,000 after buying an additional 5,468 shares in the last quarter. Finally, American Trust bought a new position in ZoomInfo Technologies in the 3rd quarter worth approximately $104,000. Institutional investors own 95.47% of the company's stock.

Analyst Ratings Changes

ZI has been the topic of several recent research reports. Scotiabank increased their target price on ZoomInfo Technologies from $10.30 to $11.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 27th. Morgan Stanley cut their target price on ZoomInfo Technologies from $13.00 to $10.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. DA Davidson decreased their price target on ZoomInfo Technologies from $13.00 to $8.00 and set a "neutral" rating on the stock in a research report on Monday, April 14th. Mizuho reduced their price objective on shares of ZoomInfo Technologies from $11.00 to $9.00 and set a "neutral" rating for the company in a research note on Tuesday, April 15th. Finally, Barclays lowered their target price on shares of ZoomInfo Technologies from $13.00 to $9.00 and set an "equal weight" rating on the stock in a research note on Monday, April 21st. Five investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, ZoomInfo Technologies has a consensus rating of "Hold" and a consensus target price of $11.00.

ZoomInfo Technologies Trading Up 0.7 %

ZI traded up $0.06 during midday trading on Friday, reaching $8.79. 5,264,638 shares of the company's stock traded hands, compared to its average volume of 7,377,027. The stock has a market capitalization of $3.01 billion, a price-to-earnings ratio of 293.10, a P/E/G ratio of 13.05 and a beta of 1.00. The firm has a fifty day moving average of $9.74 and a two-hundred day moving average of $10.28. ZoomInfo Technologies Inc. has a 52 week low of $7.01 and a 52 week high of $16.98. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.63 and a quick ratio of 0.63.

ZoomInfo Technologies (NASDAQ:ZI - Get Free Report) last announced its earnings results on Tuesday, February 25th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.07). The firm had revenue of $309.10 million during the quarter, compared to the consensus estimate of $297.64 million. ZoomInfo Technologies had a return on equity of 12.05% and a net margin of 0.74%. On average, equities analysts anticipate that ZoomInfo Technologies Inc. will post 0.59 earnings per share for the current fiscal year.

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.