Fort Washington Investment Advisors Inc. OH Acquires 14,846 Shares of Ziff Davis, Inc. (NASDAQ:ZD)

Fort Washington Investment Advisors Inc. OH lifted its stake in Ziff Davis, Inc. (NASDAQ:ZD - Free Report) by 4.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 365,450 shares of the technology company's stock after acquiring an additional 14,846 shares during the period. Fort Washington Investment Advisors Inc. OH owned approximately 0.85% of Ziff Davis worth $13,734,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of ZD. Millstone Evans Group LLC bought a new position in Ziff Davis in the fourth quarter worth $35,000. Quadrant Capital Group LLC lifted its position in Ziff Davis by 278.9% in the fourth quarter. Quadrant Capital Group LLC now owns 663 shares of the technology company's stock worth $36,000 after purchasing an additional 488 shares during the period. Summit Securities Group LLC bought a new position in Ziff Davis in the fourth quarter worth $37,000. GAMMA Investing LLC lifted its position in Ziff Davis by 148.4% in the first quarter. GAMMA Investing LLC now owns 713 shares of the technology company's stock worth $27,000 after purchasing an additional 426 shares during the period. Finally, First Horizon Advisors Inc. lifted its position in Ziff Davis by 42.9% in the fourth quarter. First Horizon Advisors Inc. now owns 866 shares of the technology company's stock worth $47,000 after purchasing an additional 260 shares during the period. Institutional investors and hedge funds own 99.76% of the company's stock.

Ziff Davis Trading Up 2.0%

NASDAQ:ZD traded up $0.62 on Monday, hitting $31.40. 450,100 shares of the stock were exchanged, compared to its average volume of 532,119. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 26.61 and a beta of 1.60. Ziff Davis, Inc. has a 52 week low of $29.15 and a 52 week high of $60.62. The company's 50-day moving average price is $31.96 and its 200 day moving average price is $43.30. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.42 and a current ratio of 1.42.

Analyst Upgrades and Downgrades

Several research analysts recently commented on ZD shares. Barclays reduced their target price on Ziff Davis from $48.00 to $34.00 and set an "equal weight" rating for the company in a research report on Tuesday, May 13th. Citigroup cut their price objective on Ziff Davis from $52.00 to $35.00 and set a "neutral" rating for the company in a report on Friday, April 25th. JPMorgan Chase & Co. cut Ziff Davis from an "overweight" rating to a "neutral" rating and cut their price target for the company from $60.00 to $33.00 in a report on Tuesday, April 22nd. Susquehanna cut their price target on Ziff Davis from $80.00 to $45.00 and set a "positive" rating for the company in a report on Monday, May 12th. Finally, UBS Group set a $40.00 price target on Ziff Davis and gave the company a "neutral" rating in a report on Wednesday, May 14th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $47.00.

About Ziff Davis

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.