SBI Securities Co. Ltd. Acquires Shares of 26,611 ZoomInfo Technologies Inc. (NASDAQ:ZI)

SBI Securities Co. Ltd. acquired a new stake in ZoomInfo Technologies Inc. (NASDAQ:ZI) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 26,611 shares of the company’s stock, valued at approximately $280,000.

Other institutional investors have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of ZoomInfo Technologies during the 3rd quarter worth approximately $37,000. Fifth Third Bancorp lifted its holdings 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 worth $40,000 after acquiring an additional 1,241 shares during the period. GAMMA Investing LLC lifted its holdings in shares of ZoomInfo Technologies by 29.1% during the 4th quarter. GAMMA Investing LLC now owns 5,152 shares of the company’s stock worth $54,000 after acquiring an additional 1,160 shares during the period. Nisa Investment Advisors LLC lifted its holdings in shares of ZoomInfo Technologies by 343.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 6,115 shares of the company’s stock worth $64,000 after acquiring an additional 4,735 shares during the period. Finally, SRS Capital Advisors Inc. increased its position in ZoomInfo Technologies by 183.9% during the 4th quarter. SRS Capital Advisors Inc. now owns 8,441 shares of the company’s stock worth $89,000 after purchasing an additional 5,468 shares in the last quarter. Institutional investors own 95.47% of the company’s stock.

ZoomInfo Technologies Trading Up 1.1 %

NASDAQ:ZI opened at $11.90 on Thursday. The firm’s fifty day moving average is $10.35 and its 200-day moving average is $10.43. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.63 and a current ratio of 0.63. ZoomInfo Technologies Inc. has a 52 week low of $7.65 and a 52 week high of $17.01. The firm has a market cap of $4.09 billion, a P/E ratio of 396.80, a P/E/G ratio of 13.05 and a beta of 0.97.

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

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Citigroup upped their price objective on shares of ZoomInfo Technologies from $8.50 to $9.00 and gave the stock a “sell” rating in a research report on Tuesday, February 11th. Stifel Nicolaus upped their price objective on shares of ZoomInfo Technologies from $13.00 to $14.00 and gave the stock a “buy” rating in a research report on Wednesday, February 26th. KeyCorp cut shares of ZoomInfo Technologies from a “sector weight” rating to an “underweight” rating in a research report on Friday, December 13th. Wells Fargo & Company upped their price objective on shares of ZoomInfo Technologies from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 26th. Finally, Canaccord Genuity Group upped their price objective on shares of ZoomInfo Technologies from $14.00 to $15.00 and gave the stock a “buy” rating in a research report on Wednesday, February 26th. Five research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $11.92.

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.