Fort Washington Investment Advisors Inc. OH Grows Stock Position in Ziff Davis, Inc. (NASDAQ:ZD)

Fort Washington Investment Advisors Inc. OH boosted its position in Ziff Davis, Inc. (NASDAQ:ZD) by 19.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 350,604 shares of the technology company’s stock after buying an additional 57,830 shares during the period. Fort Washington Investment Advisors Inc. OH owned approximately 0.82% of Ziff Davis worth $19,052,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ZD. Wilmington Savings Fund Society FSB acquired a new stake in shares of Ziff Davis in the 3rd quarter valued at approximately $37,000. TD Private Client Wealth LLC boosted its position in shares of Ziff Davis by 19.2% during the 3rd quarter. TD Private Client Wealth LLC now owns 1,549 shares of the technology company’s stock worth $75,000 after purchasing an additional 249 shares in the last quarter. Central Pacific Bank Trust Division boosted its position in shares of Ziff Davis by 21.3% during the 3rd quarter. Central Pacific Bank Trust Division now owns 2,730 shares of the technology company’s stock worth $133,000 after purchasing an additional 480 shares in the last quarter. FORA Capital LLC acquired a new position in shares of Ziff Davis during the 3rd quarter worth $210,000. Finally, CIBC Asset Management Inc purchased a new position in shares of Ziff Davis in the 3rd quarter valued at about $217,000. 99.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on ZD. UBS Group lowered their target price on shares of Ziff Davis from $76.00 to $65.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 3rd. Barclays raised their price objective on Ziff Davis from $44.00 to $61.00 and gave the company an “equal weight” rating in a research note on Monday, November 11th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $69.71.

Ziff Davis Trading Down 3.5 %

Shares of Ziff Davis stock opened at $53.58 on Thursday. The business has a 50 day moving average price of $56.10 and a 200 day moving average price of $50.45. The company has a market capitalization of $2.29 billion, a P/E ratio of 45.41 and a beta of 1.36. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.42 and a quick ratio of 1.42. Ziff Davis, Inc. has a 1 year low of $37.76 and a 1 year high of $70.90.

Ziff Davis (NASDAQ:ZD) last issued its quarterly earnings data on Thursday, November 7th. The technology company reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.10. The business had revenue of $353.58 million for the quarter, compared to the consensus estimate of $347.66 million. Ziff Davis had a return on equity of 13.98% and a net margin of 4.52%. During the same period in the prior year, the business earned $1.35 earnings per share. Sell-side analysts anticipate that Ziff Davis, Inc. will post 5.93 EPS for the current fiscal year.

Ziff Davis Company Profile

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.