Natixis Has $158,000 Position in ZoomInfo Technologies Inc. (NASDAQ:ZI)

Natixis trimmed its position in ZoomInfo Technologies Inc. (NASDAQ:ZI - Free Report) by 90.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,008 shares of the company's stock after selling 142,969 shares during the quarter. Natixis' holdings in ZoomInfo Technologies were worth $158,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of ZI. Dimensional Fund Advisors LP raised its stake in ZoomInfo Technologies by 67.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 5,236,035 shares of the company's stock worth $55,029,000 after acquiring an additional 2,118,297 shares in the last quarter. Cramer Rosenthal Mcglynn LLC acquired a new stake in shares of ZoomInfo Technologies during the 4th quarter worth about $19,216,000. Primecap Management Co. CA lifted its holdings in ZoomInfo Technologies by 70.4% during the 4th quarter. Primecap Management Co. CA now owns 4,371,901 shares of the company's stock valued at $45,949,000 after purchasing an additional 1,806,461 shares during the last quarter. Norges Bank acquired a new position in ZoomInfo Technologies in the fourth quarter valued at about $17,042,000. Finally, JPMorgan Chase & Co. grew its stake in ZoomInfo Technologies by 35.4% during the fourth quarter. JPMorgan Chase & Co. now owns 6,089,358 shares of the company's stock worth $63,999,000 after buying an additional 1,591,960 shares during the last quarter. 95.47% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

ZI has been the topic of several research analyst reports. Morgan Stanley decreased their target price on ZoomInfo Technologies from $13.00 to $10.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. Citigroup raised their price objective on shares of ZoomInfo Technologies from $8.50 to $9.00 and gave the company a "sell" rating in a research report on Tuesday, February 11th. Canaccord Genuity Group upped their target price 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. DA Davidson lowered their price target on shares of ZoomInfo Technologies from $13.00 to $8.00 and set a "neutral" rating for the company in a report on Monday, April 14th. Finally, Scotiabank upped their price objective on ZoomInfo Technologies from $10.30 to $11.00 and gave the stock a "sector perform" rating in a report on Thursday, February 27th. 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 company's stock. According to MarketBeat.com, ZoomInfo Technologies currently has an average rating of "Hold" and an average price target of $11.00.

ZoomInfo Technologies Trading Up 1.7 %

NASDAQ:ZI traded up $0.14 during trading hours on Thursday, hitting $8.70. The stock had a trading volume of 887,779 shares, compared to its average volume of 7,348,856. The business's 50 day moving average is $9.66 and its 200-day moving average is $10.25. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.63 and a current ratio of 0.63. The company has a market cap of $2.98 billion, a price-to-earnings ratio of 290.60, a P/E/G ratio of 13.05 and a beta of 1.00. ZoomInfo Technologies Inc. has a one year low of $7.01 and a one year high of $16.98.

ZoomInfo Technologies (NASDAQ:ZI - Get Free Report) last posted its earnings results on Tuesday, February 25th. The company reported $0.16 earnings per share (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 business had revenue of $309.10 million during the quarter, compared to analyst estimates of $297.64 million. Sell-side analysts anticipate that ZoomInfo Technologies Inc. will post 0.59 EPS for the current fiscal year.

About ZoomInfo Technologies

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.