Mutual of America Capital Management LLC Sells 19,683 Shares of Ziff Davis, Inc. (NASDAQ:ZD)

Mutual of America Capital Management LLC reduced its stake in Ziff Davis, Inc. (NASDAQ:ZDFree Report) by 74.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,729 shares of the technology company’s stock after selling 19,683 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Ziff Davis were worth $327,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Dimensional Fund Advisors LP lifted its position in Ziff Davis by 14.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,057,314 shares of the technology company’s stock worth $113,255,000 after buying an additional 257,056 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Ziff Davis by 453.7% in the 2nd quarter. AQR Capital Management LLC now owns 278,564 shares of the technology company’s stock valued at $15,204,000 after purchasing an additional 228,257 shares during the period. Empowered Funds LLC bought a new stake in shares of Ziff Davis in the 3rd quarter valued at about $7,210,000. Robeco Institutional Asset Management B.V. bought a new stake in shares of Ziff Davis in the 3rd quarter valued at about $4,263,000. Finally, International Assets Investment Management LLC raised its holdings in shares of Ziff Davis by 31,812.6% in the 3rd quarter. International Assets Investment Management LLC now owns 65,740 shares of the technology company’s stock valued at $3,199,000 after purchasing an additional 65,534 shares during the period. 99.76% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ZD. Citigroup dropped their target price on shares of Ziff Davis from $52.00 to $47.00 and set a “neutral” rating on the stock in a report on Friday, August 9th. Barclays upped their target price on shares of Ziff Davis from $44.00 to $61.00 and gave the company an “equal weight” rating in a report on Monday, November 11th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $95.00 target price on shares of Ziff Davis in a report on Friday, September 6th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Ziff Davis presently has an average rating of “Moderate Buy” and an average target price of $71.29.

Get Our Latest Report on Ziff Davis

Ziff Davis Stock Down 0.3 %

Shares of ZD opened at $57.71 on Friday. The firm’s 50-day simple moving average is $49.83 and its 200 day simple moving average is $50.33. Ziff Davis, Inc. has a 52 week low of $37.76 and a 52 week high of $70.90. The firm has a market cap of $2.47 billion, a P/E ratio of 48.91 and a beta of 1.29. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.42 and a current ratio of 1.42.

Ziff Davis Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding ZD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ziff Davis, Inc. (NASDAQ:ZDFree Report).

Institutional Ownership by Quarter for Ziff Davis (NASDAQ:ZD)

Receive News & Ratings for Ziff Davis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ziff Davis and related companies with MarketBeat.com's FREE daily email newsletter.