Quantinno Capital Management LP Has $2.56 Million Stake in ZoomInfo Technologies Inc. (NASDAQ:ZI)

Quantinno Capital Management LP grew its stake in shares of ZoomInfo Technologies Inc. (NASDAQ:ZI - Free Report) by 51.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 243,323 shares of the company's stock after purchasing an additional 82,155 shares during the quarter. Quantinno Capital Management LP owned approximately 0.07% of ZoomInfo Technologies worth $2,557,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in ZI. Fifth Third Bancorp boosted its stake in ZoomInfo Technologies by 47.8% during the 4th quarter. Fifth Third Bancorp now owns 3,836 shares of the company's stock valued at $40,000 after purchasing an additional 1,241 shares during the period. Nisa Investment Advisors LLC boosted its position in shares of ZoomInfo Technologies by 343.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 6,115 shares of the company's stock worth $64,000 after buying an additional 4,735 shares during the period. SRS Capital Advisors Inc. boosted its position in shares of ZoomInfo Technologies by 183.9% during the fourth quarter. SRS Capital Advisors Inc. now owns 8,441 shares of the company's stock worth $89,000 after buying an additional 5,468 shares during the period. Catalyst Funds Management Pty Ltd bought a new position in ZoomInfo Technologies in the 4th quarter worth approximately $107,000. Finally, Caption Management LLC grew its holdings in ZoomInfo Technologies by 31.5% in the 4th quarter. Caption Management LLC now owns 10,523 shares of the company's stock worth $111,000 after buying an additional 2,523 shares in the last quarter. 95.47% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have issued reports on ZI. Canaccord Genuity Group boosted their price target on ZoomInfo Technologies from $14.00 to $15.00 and gave the stock a "buy" rating in a research report on Wednesday, February 26th. Mizuho reduced their price objective on shares of ZoomInfo Technologies from $11.00 to $9.00 and set a "neutral" rating for the company in a report on Tuesday, April 15th. Stifel Nicolaus increased their target price on shares of ZoomInfo Technologies from $13.00 to $14.00 and gave the company a "buy" rating in a research report on Wednesday, February 26th. Needham & Company LLC restated a "buy" rating and set a $15.00 price target on shares of ZoomInfo Technologies in a research report on Wednesday, February 26th. Finally, Morgan Stanley reduced their price target on shares of ZoomInfo Technologies from $13.00 to $10.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. Four equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, ZoomInfo Technologies presently has a consensus rating of "Hold" and a consensus target price of $10.63.

ZoomInfo Technologies Stock Down 0.7%

NASDAQ ZI traded down $0.07 on Monday, reaching $9.48. The stock had a trading volume of 2,798,382 shares, compared to its average volume of 7,337,521. ZoomInfo Technologies Inc. has a 1 year low of $7.01 and a 1 year high of $13.39. The business has a 50 day moving average price of $9.17 and a 200 day moving average price of $10.10. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $3.24 billion, a price-to-earnings ratio of 316.11, a P/E/G ratio of 13.05 and a beta of 1.02.

ZoomInfo Technologies (NASDAQ:ZI - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The company reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.01. The firm had revenue of $305.70 million for the quarter, compared to the consensus estimate of $295.60 million. ZoomInfo Technologies had a return on equity of 12.05% and a net margin of 0.74%. The firm's revenue was down 1.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.26 earnings per share. On average, analysts forecast that ZoomInfo Technologies Inc. will post 0.59 EPS for the current fiscal year.

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.