Villanova Investment Management Co LLC Purchases New Stake in ZoomInfo Technologies Inc. (NASDAQ:ZI)

Villanova Investment Management Co LLC bought a new stake in ZoomInfo Technologies Inc. (NASDAQ:ZI - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 144,330 shares of the company's stock, valued at approximately $1,517,000.

Other large investors have also recently bought and sold shares of the company. GAMMA Investing LLC grew its stake in shares of ZoomInfo Technologies by 29.1% in the fourth quarter. GAMMA Investing LLC now owns 5,152 shares of the company's stock worth $54,000 after purchasing an additional 1,160 shares during the last quarter. Xponance Inc. lifted its holdings in ZoomInfo Technologies by 3.5% during the 4th quarter. Xponance Inc. now owns 36,173 shares of the company's stock worth $380,000 after buying an additional 1,226 shares during the period. Fifth Third Bancorp grew its position in shares of ZoomInfo Technologies by 47.8% in the 4th quarter. Fifth Third Bancorp now owns 3,836 shares of the company's stock valued at $40,000 after buying an additional 1,241 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of ZoomInfo Technologies by 22.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 13,221 shares of the company's stock valued at $139,000 after buying an additional 2,456 shares during the period. Finally, M&T Bank Corp raised its position in shares of ZoomInfo Technologies by 30.2% during the third quarter. M&T Bank Corp now owns 16,152 shares of the company's stock worth $167,000 after acquiring an additional 3,746 shares during the last quarter. 95.47% of the stock is currently owned by institutional investors.

ZoomInfo Technologies Stock Down 14.3 %

ZI traded down $1.26 during trading on Friday, hitting $7.53. 11,320,813 shares of the company's stock were exchanged, compared to its average volume of 7,192,285. ZoomInfo Technologies Inc. has a fifty-two week low of $7.50 and a fifty-two week high of $16.98. The stock has a market cap of $2.58 billion, a P/E ratio of 251.08, a PEG ratio of 13.05 and a beta of 1.00. The business's 50 day moving average is $10.50 and its two-hundred day moving average is $10.52. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.73.

ZoomInfo Technologies (NASDAQ:ZI - Get Free Report) last posted its earnings results on Tuesday, February 25th. The company reported $0.16 earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by ($0.07). The business had revenue of $309.10 million during the quarter, compared to analyst estimates of $297.64 million. ZoomInfo Technologies had a return on equity of 12.05% and a net margin of 0.74%. As a group, equities analysts expect that ZoomInfo Technologies Inc. will post 0.59 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently commented on ZI shares. Barclays upped their target price on ZoomInfo Technologies from $11.00 to $13.00 and gave the company an "equal weight" rating in a report on Wednesday, February 26th. Stifel Nicolaus increased 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. Scotiabank lifted their target price on shares of ZoomInfo Technologies from $10.30 to $11.00 and gave the stock a "sector perform" rating in a research note on Thursday, February 27th. Canaccord Genuity Group upped their price target on shares of ZoomInfo Technologies from $14.00 to $15.00 and gave the company a "buy" rating in a research report on Wednesday, February 26th. Finally, KeyCorp lowered ZoomInfo Technologies from a "sector weight" rating to an "underweight" rating in a research report on Friday, December 13th. Five research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $11.92.

ZoomInfo Technologies Company 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.