668 Shares in Ziff Davis, Inc. (NASDAQ:ZD) Purchased by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC acquired a new stake in Ziff Davis, Inc. (NASDAQ:ZDGet Rating) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 668 shares of the technology company’s stock, valued at approximately $65,000.

Several other large investors have also modified their holdings of the business. Whittier Trust Co. acquired a new position in Ziff Davis during the 1st quarter valued at approximately $26,000. Allworth Financial LP purchased a new stake in shares of Ziff Davis in the 1st quarter valued at $28,000. Signaturefd LLC purchased a new stake in shares of Ziff Davis in the 1st quarter valued at $63,000. Harbor Investment Advisory LLC purchased a new stake in shares of Ziff Davis in the 1st quarter valued at $70,000. Finally, Financial Management Professionals Inc. purchased a new stake in shares of Ziff Davis in the 1st quarter valued at $136,000. Institutional investors own 99.88% of the company’s stock.

Ziff Davis Price Performance

Shares of NASDAQ ZD opened at $83.22 on Thursday. The firm has a 50-day simple moving average of $77.09 and a 200-day simple moving average of $89.24. The stock has a market capitalization of $3.93 billion, a price-to-earnings ratio of 9.14 and a beta of 1.02. The company has a quick ratio of 2.76, a current ratio of 2.76 and a debt-to-equity ratio of 0.60. Ziff Davis, Inc. has a 52 week low of $68.42 and a 52 week high of $143.09.

Ziff Davis (NASDAQ:ZDGet Rating) last released its quarterly earnings data on Tuesday, May 10th. The technology company reported $1.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.21 by ($0.08). The firm had revenue of $315.10 million for the quarter, compared to analyst estimates of $319.49 million. Ziff Davis had a return on equity of 22.44% and a net margin of 27.66%. Ziff Davis’s revenue for the quarter was down 20.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.09 earnings per share. On average, equities analysts predict that Ziff Davis, Inc. will post 6.26 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ZD. Wedbush dropped their price objective on shares of Ziff Davis from $150.00 to $90.00 in a report on Thursday, May 12th. JMP Securities lowered their price target on shares of Ziff Davis from $145.00 to $110.00 and set a “market outperform” rating on the stock in a report on Monday, May 23rd. Susquehanna lowered their price target on shares of Ziff Davis from $225.00 to $140.00 in a report on Thursday, May 12th. Robert W. Baird lowered their price target on shares of Ziff Davis from $125.00 to $100.00 in a report on Thursday, May 12th. Finally, Susquehanna Bancshares lowered their price target on shares of Ziff Davis from $225.00 to $140.00 in a report on Thursday, May 12th.

Ziff Davis Company Profile

(Get Rating)

Ziff Davis, Inc, together with its subsidiaries, provides internet information and services in the United States, Canada, Ireland, and internationally. It operates in two segments, Digital Media, and Cybersecurity and Martech. The Digital Media segment operates a portfolio of web properties and apps, which include IGN, RetailMeNot, Mashable, PCMag, Humble Bundle, Speedtest, Offers, Black Friday, MedPageToday, Everyday Health, BabyCenter, and What to Expect, among others in the technology, shopping, entertainment, and health and wellness markets.

Read More

Want to see what other hedge funds are holding ZD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ziff Davis, Inc. (NASDAQ:ZDGet Rating).

Institutional Ownership by Quarter for Ziff Davis (NASDAQ:ZD)

Want More Great Investing Ideas?

Receive News & Ratings for Ziff Davis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ziff Davis and related companies with MarketBeat.com's FREE daily email newsletter.