Mutual of America Capital Management LLC Has $1.51 Million Holdings in ZoomInfo Technologies Inc. (NASDAQ:ZI)

Mutual of America Capital Management LLC lessened its stake in ZoomInfo Technologies Inc. (NASDAQ:ZI) by 8.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 143,293 shares of the company’s stock after selling 12,666 shares during the quarter. Mutual of America Capital Management LLC’s holdings in ZoomInfo Technologies were worth $1,506,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in ZI. Fifth Third Bancorp increased 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 buying an additional 1,241 shares during the period. GAMMA Investing LLC lifted its stake in shares of ZoomInfo Technologies by 29.1% in the fourth quarter. GAMMA Investing LLC now owns 5,152 shares of the company’s stock worth $54,000 after acquiring an additional 1,160 shares during the period. Nisa Investment Advisors LLC lifted its stake in ZoomInfo Technologies by 343.1% in the fourth 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 period. KBC Group NV increased its holdings in shares of ZoomInfo Technologies by 39.0% during the third quarter. KBC Group NV now owns 9,393 shares of the company’s stock valued at $97,000 after acquiring an additional 2,635 shares in the last quarter. Finally, American Trust bought a new stake in shares of ZoomInfo Technologies during the third quarter valued at approximately $104,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Needham & Company LLC reiterated a “buy” rating and set a $15.00 price target on shares of ZoomInfo Technologies in a report on Wednesday, February 26th. KeyCorp lowered ZoomInfo Technologies from a “sector weight” rating to an “underweight” rating in a research note on Friday, December 13th. Mizuho increased their price objective on ZoomInfo Technologies from $9.00 to $11.00 and gave the company a “neutral” rating in a research report on Wednesday, November 13th. Scotiabank raised their price target on ZoomInfo Technologies from $10.30 to $11.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 27th. Finally, Morgan Stanley raised their target price on ZoomInfo Technologies from $11.00 to $13.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 26th. Five research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $11.92.

ZoomInfo Technologies Price Performance

NASDAQ ZI opened at $11.51 on Friday. The company has a market capitalization of $3.95 billion, a PE ratio of 383.79, a price-to-earnings-growth ratio of 13.05 and a beta of 0.97. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.63 and a current ratio of 0.63. The business’s fifty day moving average is $10.38 and its 200 day moving average is $10.45. ZoomInfo Technologies Inc. has a fifty-two week low of $7.65 and a fifty-two week high of $17.01.

ZoomInfo Technologies (NASDAQ:ZI) last released its earnings results on Tuesday, February 25th. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.07). The company had revenue of $309.10 million for 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%. Sell-side analysts predict that ZoomInfo Technologies Inc. will post 0.59 earnings per share for the current 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.