Dimensional Fund Advisors LP Has $131.11 Million Holdings in Ziff Davis, Inc. (NASDAQ:ZD)

Dimensional Fund Advisors LP lifted its stake in Ziff Davis, Inc. (NASDAQ:ZD - Free Report) by 5.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,412,780 shares of the technology company's stock after acquiring an additional 118,979 shares during the period. Dimensional Fund Advisors LP owned approximately 5.65% of Ziff Davis worth $131,112,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. First Horizon Advisors Inc. raised its stake in Ziff Davis by 42.9% during the fourth quarter. First Horizon Advisors Inc. now owns 866 shares of the technology company's stock worth $47,000 after acquiring an additional 260 shares in the last quarter. Quadrant Capital Group LLC increased its position in shares of Ziff Davis by 278.9% during the 4th quarter. Quadrant Capital Group LLC now owns 663 shares of the technology company's stock worth $36,000 after purchasing an additional 488 shares in the last quarter. Central Pacific Bank Trust Division lifted its holdings in Ziff Davis by 17.9% during the 4th quarter. Central Pacific Bank Trust Division now owns 3,220 shares of the technology company's stock valued at $175,000 after purchasing an additional 490 shares during the last quarter. Bank of Montreal Can boosted its position in Ziff Davis by 11.0% in the fourth quarter. Bank of Montreal Can now owns 5,608 shares of the technology company's stock valued at $305,000 after buying an additional 554 shares in the last quarter. Finally, Hunter Perkins Capital Management LLC grew its stake in Ziff Davis by 4.0% during the fourth quarter. Hunter Perkins Capital Management LLC now owns 14,855 shares of the technology company's stock worth $807,000 after buying an additional 565 shares during the last quarter. Institutional investors own 99.76% of the company's stock.

Insider Transactions at Ziff Davis

In other Ziff Davis news, Director Sarah Ann Fay purchased 1,282 shares of the stock in a transaction on Tuesday, March 4th. The shares were purchased at an average price of $39.00 per share, with a total value of $49,998.00. Following the completion of the transaction, the director now directly owns 18,655 shares in the company, valued at $727,545. This represents a 7.38 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director W Brian Kretzmer bought 653 shares of the firm's stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average cost of $38.33 per share, for a total transaction of $25,029.49. Following the completion of the acquisition, the director now directly owns 12,968 shares in the company, valued at $497,063.44. The trade was a 5.30 % increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 5,028 shares of company stock worth $198,024 in the last three months. Insiders own 2.16% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. UBS Group reduced their price objective on Ziff Davis from $65.00 to $56.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 26th. Citigroup lowered their price objective on shares of Ziff Davis from $52.00 to $35.00 and set a "neutral" rating for the company in a research report on Friday. Finally, JPMorgan Chase & Co. lowered shares of Ziff Davis from an "overweight" rating to a "neutral" rating and reduced their target price for the stock from $60.00 to $33.00 in a research report on Tuesday. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $58.33.

Ziff Davis Stock Down 0.4 %

Shares of Ziff Davis stock opened at $30.95 on Friday. The firm has a market cap of $1.33 billion, a PE ratio of 26.23 and a beta of 1.47. The business's 50 day simple moving average is $38.02 and its 200 day simple moving average is $48.12. 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, Inc. has a 52-week low of $29.34 and a 52-week high of $60.62.

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.

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