Harbor Capital Advisors Inc. Has $275,000 Stock Holdings in ZoomInfo Technologies Inc. (NASDAQ:ZI)

Harbor Capital Advisors Inc. grew its position in ZoomInfo Technologies Inc. (NASDAQ:ZIFree Report) by 30.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,895 shares of the company’s stock after buying an additional 3,491 shares during the period. Harbor Capital Advisors Inc.’s holdings in ZoomInfo Technologies were worth $275,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in ZoomInfo Technologies by 144.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,629,228 shares of the company’s stock worth $41,366,000 after buying an additional 963,194 shares during the period. Adams Street Partners LLC bought a new stake in ZoomInfo Technologies in the 2nd quarter valued at $13,219,000. Geode Capital Management LLC boosted its stake in ZoomInfo Technologies by 14.8% in the 2nd quarter. Geode Capital Management LLC now owns 4,554,327 shares of the company’s stock worth $115,458,000 after purchasing an additional 588,198 shares during the period. KADENSA CAPITAL Ltd acquired a new position in ZoomInfo Technologies in the 2nd quarter worth $11,822,000. Finally, Quantbot Technologies LP bought a new position in ZoomInfo Technologies during the 3rd quarter worth about $1,256,000. Institutional investors own 89.59% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on ZI. Morgan Stanley lowered shares of ZoomInfo Technologies from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $24.00 to $20.00 in a research report on Thursday, February 1st. Truist Financial raised their price objective on ZoomInfo Technologies from $16.00 to $20.00 and gave the company a “hold” rating in a report on Tuesday, February 13th. Royal Bank of Canada reiterated an “underperform” rating and set a $14.00 target price on shares of ZoomInfo Technologies in a report on Tuesday, February 13th. Bank of America upgraded ZoomInfo Technologies from a “neutral” rating to a “buy” rating and raised their price target for the company from $20.00 to $25.00 in a research note on Monday, January 29th. Finally, The Goldman Sachs Group boosted their price target on ZoomInfo Technologies from $17.00 to $19.50 and gave the stock a “neutral” rating in a research report on Tuesday, February 13th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat, ZoomInfo Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $21.66.

View Our Latest Analysis on ZoomInfo Technologies

ZoomInfo Technologies Trading Up 0.6 %

Shares of NASDAQ:ZI opened at $15.99 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.35 and a quick ratio of 1.35. ZoomInfo Technologies Inc. has a 1 year low of $12.36 and a 1 year high of $30.16. The company has a market capitalization of $6.07 billion, a P/E ratio of 59.22, a P/E/G ratio of 4.21 and a beta of 1.17. The business’s 50 day simple moving average is $16.31 and its 200 day simple moving average is $16.20.

ZoomInfo Technologies (NASDAQ:ZIGet Free Report) last issued its earnings results on Monday, February 12th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.25 by $0.01. The firm had revenue of $316.40 million during the quarter, compared to the consensus estimate of $310.62 million. ZoomInfo Technologies had a return on equity of 11.25% and a net margin of 8.66%. The business’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.13 earnings per share. On average, research analysts anticipate that ZoomInfo Technologies Inc. will post 0.64 EPS for the current fiscal year.

ZoomInfo Technologies Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for ZoomInfo Technologies (NASDAQ:ZI)

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