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

Fort Washington Investment Advisors Inc. OH boosted its holdings in Ziff Davis, Inc. (NASDAQ:ZD) by 19.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. 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’s holdings in Ziff Davis were worth $19,052,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Janus Henderson Group PLC raised its position in shares of Ziff Davis by 2.0% in the 3rd quarter. Janus Henderson Group PLC now owns 3,214,600 shares of the technology company’s stock worth $156,422,000 after buying an additional 62,261 shares during the period. Geode Capital Management LLC lifted its stake in shares of Ziff Davis by 3.0% in the 3rd quarter. Geode Capital Management LLC now owns 1,274,762 shares of the technology company’s stock valued at $62,040,000 after purchasing an additional 36,863 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Ziff Davis by 9.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 695,542 shares of the technology company’s stock worth $33,845,000 after purchasing an additional 60,472 shares during the period. Rice Hall James & Associates LLC grew its holdings in shares of Ziff Davis by 11.0% during the 3rd quarter. Rice Hall James & Associates LLC now owns 501,313 shares of the technology company’s stock worth $24,394,000 after purchasing an additional 49,510 shares during the period. Finally, Brave Asset Management Inc. increased its position in Ziff Davis by 3.9% during the 4th quarter. Brave Asset Management Inc. now owns 363,527 shares of the technology company’s stock worth $19,754,000 after purchasing an additional 13,659 shares in the last quarter. Hedge funds and other institutional investors own 99.76% of the company’s stock.

Ziff Davis Stock Down 3.5 %

Shares of Ziff Davis stock opened at $53.58 on Thursday. Ziff Davis, Inc. has a 1-year low of $37.76 and a 1-year high of $70.90. The company has a market capitalization of $2.29 billion, a PE 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. The business has a 50-day moving average of $56.10 and a 200-day moving average of $50.45.

Ziff Davis (NASDAQ:ZD) last issued its quarterly earnings data on Thursday, November 7th. The technology company reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.34 by $0.10. Ziff Davis had a return on equity of 13.98% and a net margin of 4.52%. The firm had revenue of $353.58 million during the quarter, compared to analyst estimates of $347.66 million. During the same quarter last year, the firm earned $1.35 EPS. As a group, equities analysts forecast that Ziff Davis, Inc. will post 5.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ZD has been the topic of a number of recent research reports. UBS Group decreased their price objective on shares of Ziff Davis from $76.00 to $65.00 and set a “neutral” rating for the company in a research note on Tuesday, December 3rd. Barclays upped their price target on shares of Ziff Davis from $44.00 to $61.00 and gave the stock an “equal weight” rating in a research report on Monday, November 11th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Ziff Davis presently has an average rating of “Moderate Buy” and an average price target of $69.71.

Ziff Davis 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.