UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $9.84 Million Stake in ZoomInfo Technologies Inc. (NASDAQ:ZI)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in ZoomInfo Technologies Inc. (NASDAQ:ZI - Free Report) by 17.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 936,601 shares of the company's stock after purchasing an additional 139,629 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.27% of ZoomInfo Technologies worth $9,844,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of ZI. Fifth Third Bancorp boosted its stake in ZoomInfo Technologies by 47.8% in the fourth quarter. Fifth Third Bancorp now owns 3,836 shares of the company's stock valued at $40,000 after acquiring an additional 1,241 shares during the period. Nisa Investment Advisors LLC boosted its stake in 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 acquiring an additional 4,735 shares during the period. SRS Capital Advisors Inc. boosted its stake in ZoomInfo Technologies by 183.9% in the fourth quarter. SRS Capital Advisors Inc. now owns 8,441 shares of the company's stock valued at $89,000 after acquiring an additional 5,468 shares during the period. Catalyst Funds Management Pty Ltd acquired a new position in ZoomInfo Technologies in the fourth quarter valued at approximately $107,000. Finally, Caption Management LLC boosted its stake in ZoomInfo Technologies by 31.5% in the fourth quarter. Caption Management LLC now owns 10,523 shares of the company's stock valued at $111,000 after acquiring an additional 2,523 shares during the period. 95.47% of the stock is currently owned by institutional investors and hedge funds.

ZoomInfo Technologies Price Performance

Shares of NASDAQ ZI traded up $0.42 during trading on Wednesday, hitting $9.99. The company had a trading volume of 4,519,079 shares, compared to its average volume of 7,409,709. The company has a market cap of $3.42 billion, a P/E ratio of 333.11, a PEG ratio of 13.05 and a beta of 1.02. ZoomInfo Technologies Inc. has a 52 week low of $7.01 and a 52 week high of $13.39. The business's 50-day moving average is $8.97 and its 200 day moving average is $10.01. 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 (NASDAQ:ZI - Get Free Report) last posted its quarterly earnings data on Monday, May 12th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.01. ZoomInfo Technologies had a net margin of 0.74% and a return on equity of 12.05%. The firm had revenue of $305.70 million for the quarter, compared to analysts' expectations of $295.60 million. During the same period in the previous year, the company posted $0.26 EPS. The company's quarterly revenue was down 1.4% compared to the same quarter last year. Equities research analysts predict that ZoomInfo Technologies Inc. will post 0.59 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on ZI shares. Barclays lifted their price target on ZoomInfo Technologies from $9.00 to $11.00 and gave the company an "equal weight" rating in a report on Tuesday, May 13th. Wells Fargo & Company lifted their price target on ZoomInfo Technologies from $8.00 to $10.00 and gave the company an "equal weight" rating in a report on Tuesday, May 13th. Stifel Nicolaus lifted their price target on ZoomInfo Technologies from $13.00 to $14.00 and gave the company a "buy" rating in a report on Wednesday, February 26th. Needham & Company LLC reaffirmed a "buy" rating and set a $15.00 price target on shares of ZoomInfo Technologies in a report on Wednesday, February 26th. Finally, DA Davidson cut their price target on ZoomInfo Technologies from $13.00 to $8.00 and set a "neutral" rating on the stock in a report on Monday, April 14th. Four analysts have rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, ZoomInfo Technologies currently has a consensus rating of "Hold" and a consensus price target of $10.63.

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.