Villanova Investment Management Co LLC Grows Stock Holdings in ZoomInfo Technologies Inc. $ZI

by · The Markets Daily

Villanova Investment Management Co LLC increased its stake in ZoomInfo Technologies Inc. (NASDAQ:ZI – Free Report) by 227.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 176,276 shares of the company’s stock after purchasing an additional 122,416 shares during the quarter. ZoomInfo Technologies accounts for 1.8% of Villanova Investment Management Co LLC’s portfolio, making the stock its 20th largest position. Villanova Investment Management Co LLC owned about 0.05% of ZoomInfo Technologies worth $1,784,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Fielder Capital Group LLC boosted its stake in shares of ZoomInfo Technologies by 7.7% in the 2nd quarter. Fielder Capital Group LLC now owns 13,406 shares of the company’s stock worth $136,000 after buying an additional 959 shares during the last quarter. XTX Topco Ltd lifted its holdings in ZoomInfo Technologies by 3.9% in the second quarter. XTX Topco Ltd now owns 43,996 shares of the company’s stock valued at $445,000 after acquiring an additional 1,645 shares during the period. Ethic Inc. boosted its position in ZoomInfo Technologies by 6.1% in the second quarter. Ethic Inc. now owns 32,274 shares of the company’s stock worth $326,000 after purchasing an additional 1,858 shares during the last quarter. Parallel Advisors LLC boosted its position in ZoomInfo Technologies by 143.6% in the second quarter. Parallel Advisors LLC now owns 3,199 shares of the company’s stock worth $32,000 after purchasing an additional 1,886 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of ZoomInfo Technologies by 3.0% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 66,761 shares of the company’s stock valued at $676,000 after purchasing an additional 1,918 shares during the period. 95.47% of the stock is currently owned by hedge funds and other institutional investors.

ZoomInfo Technologies Stock Performance

ZI opened at $9.94 on Monday. The company has a 50 day simple moving average of $10.44 and a two-hundred day simple moving average of $10.42. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.63 and a quick ratio of 0.63. The firm has a market cap of $3.40 billion, a P/E ratio of 331.44, a PEG ratio of 13.05 and a beta of 1.02. ZoomInfo Technologies Inc. has a 1-year low of $7.01 and a 1-year high of $13.39.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on ZI shares. KeyCorp reiterated an “underweight” rating on shares of ZoomInfo Technologies in a research note on Tuesday, November 4th. Needham & Company LLC reaffirmed a “buy” rating on shares of ZoomInfo Technologies in a report on Tuesday, November 4th. Royal Bank Of Canada reiterated an “underperform” rating and issued a $8.00 price target on shares of ZoomInfo Technologies in a research report on Tuesday, November 4th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $16.00 price objective on shares of ZoomInfo Technologies in a research report on Tuesday, November 4th. Four investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $11.31.

Check Out Our Latest Stock Analysis on ZI

ZoomInfo Technologies 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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