Robeco Institutional Asset Management B.V. Has $1.25 Million Stake in Ziff Davis, Inc. (NASDAQ:ZD)

Robeco Institutional Asset Management B.V. lessened its stake in Ziff Davis, Inc. (NASDAQ:ZD - Free Report) by 73.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 23,002 shares of the technology company's stock after selling 64,604 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.05% of Ziff Davis worth $1,250,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new position in Ziff Davis during the third quarter worth $37,000. TD Private Client Wealth LLC boosted its holdings in Ziff Davis by 19.2% during the 3rd quarter. TD Private Client Wealth LLC now owns 1,549 shares of the technology company's stock valued at $75,000 after acquiring an additional 249 shares during the period. Central Pacific Bank Trust Division grew its position in Ziff Davis by 17.9% in the 4th quarter. Central Pacific Bank Trust Division now owns 3,220 shares of the technology company's stock valued at $175,000 after acquiring an additional 490 shares in the last quarter. FORA Capital LLC purchased a new stake in Ziff Davis during the third quarter worth about $210,000. Finally, CIBC Asset Management Inc acquired a new stake in shares of Ziff Davis during the third quarter worth about $217,000. Hedge funds and other institutional investors own 99.76% of the company's stock.

Ziff Davis Price Performance

Ziff Davis stock traded down $0.44 during midday trading on Friday, reaching $52.37. 245,885 shares of the company were exchanged, compared to its average volume of 308,379. The firm's 50-day simple moving average is $55.24 and its 200-day simple moving average is $50.77. Ziff Davis, Inc. has a 1 year low of $37.76 and a 1 year high of $70.02. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.42 and a current ratio of 1.42. The company has a market capitalization of $2.24 billion, a price-to-earnings ratio of 44.38 and a beta of 1.36.

Ziff Davis (NASDAQ:ZD - Get Free Report) last posted its earnings results on Thursday, November 7th. The technology company reported $1.44 EPS for the quarter, topping analysts' consensus estimates of $1.34 by $0.10. Ziff Davis had a net margin of 4.52% and a return on equity of 13.98%. The business had revenue of $353.58 million for the quarter, compared to analysts' expectations of $347.66 million. During the same period in the previous year, the company posted $1.35 earnings per share. On average, analysts anticipate that Ziff Davis, Inc. will post 5.93 EPS for the current year.

Wall Street Analyst Weigh In

ZD has been the subject of several recent analyst reports. UBS Group reduced their price objective on shares of Ziff Davis from $76.00 to $65.00 and set a "neutral" rating for the company in a research report on Tuesday, December 3rd. Barclays boosted their price target on shares of Ziff Davis from $44.00 to $61.00 and gave the company an "equal weight" rating in a research report on Monday, November 11th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $69.71.

Ziff Davis Company 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.