ZoomInfo Technologies Inc. (NASDAQ:ZI) Shares Acquired by Horrell Capital Management Inc.

Horrell Capital Management Inc. increased its holdings in ZoomInfo Technologies Inc. (NASDAQ:ZI) by 19.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 435,000 shares of the company’s stock after acquiring an additional 70,000 shares during the quarter. ZoomInfo Technologies makes up about 1.3% of Horrell Capital Management Inc.’s holdings, making the stock its 27th biggest position. Horrell Capital Management Inc.’s holdings in ZoomInfo Technologies were worth $4,572,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fifth Third Bancorp lifted its position in ZoomInfo Technologies by 47.8% during the 4th quarter. Fifth Third Bancorp now owns 3,836 shares of the company’s stock worth $40,000 after acquiring an additional 1,241 shares during the period. GAMMA Investing LLC lifted its holdings in shares of ZoomInfo Technologies by 29.1% during the fourth quarter. GAMMA Investing LLC now owns 5,152 shares of the company’s stock worth $54,000 after purchasing an additional 1,160 shares during the period. Nisa Investment Advisors LLC grew its position in ZoomInfo Technologies by 343.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 6,115 shares of the company’s stock valued at $64,000 after buying an additional 4,735 shares during the last quarter. SRS Capital Advisors Inc. increased its stake in ZoomInfo Technologies by 183.9% in the 4th quarter. SRS Capital Advisors Inc. now owns 8,441 shares of the company’s stock valued at $89,000 after buying an additional 5,468 shares during the period. Finally, American Trust purchased a new position in ZoomInfo Technologies during the 3rd quarter worth $104,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Wells Fargo & Company lifted their target price on shares of ZoomInfo Technologies from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Wednesday, February 26th. Barclays lifted their price objective on ZoomInfo Technologies from $11.00 to $13.00 and gave the company an “equal weight” rating in a report on Wednesday, February 26th. KeyCorp cut ZoomInfo Technologies from a “sector weight” rating to an “underweight” rating in a report on Friday, December 13th. Needham & Company LLC restated a “buy” rating and issued a $15.00 price target on shares of ZoomInfo Technologies in a research note on Wednesday, February 26th. Finally, Morgan Stanley increased their price objective on ZoomInfo Technologies from $11.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 26th. Five equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $11.92.

ZoomInfo Technologies Stock Up 1.6 %

ZI stock opened at $10.89 on Monday. 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 company’s 50 day simple moving average is $10.49 and its 200-day simple moving average is $10.53. ZoomInfo Technologies Inc. has a 12 month low of $7.65 and a 12 month high of $16.98. The firm has a market capitalization of $3.73 billion, a PE ratio of 363.12, a P/E/G ratio of 13.05 and a beta of 0.97.

ZoomInfo Technologies (NASDAQ:ZI) last posted its earnings results on Tuesday, February 25th. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.07). The company had revenue of $309.10 million during the quarter, compared to analysts’ expectations of $297.64 million. ZoomInfo Technologies had a net margin of 0.74% and a return on equity of 12.05%. Equities analysts expect that ZoomInfo Technologies Inc. will post 0.59 earnings per share for the current fiscal year.

About ZoomInfo Technologies

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.