Ziff Davis, Inc. (NASDAQ:ZD) Shares Purchased by Hunter Perkins Capital Management LLC

Hunter Perkins Capital Management LLC boosted its stake in Ziff Davis, Inc. (NASDAQ:ZD) by 4.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,855 shares of the technology company’s stock after buying an additional 565 shares during the quarter. Hunter Perkins Capital Management LLC’s holdings in Ziff Davis were worth $807,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. TD Private Client Wealth LLC lifted its stake in shares of Ziff Davis by 19.2% in the third quarter. TD Private Client Wealth LLC now owns 1,549 shares of the technology company’s stock worth $75,000 after buying an additional 249 shares in the last quarter. GHP Investment Advisors Inc. raised its holdings in Ziff Davis by 1.4% in the 3rd quarter. GHP Investment Advisors Inc. now owns 17,598 shares of the technology company’s stock valued at $856,000 after acquiring an additional 250 shares during the last quarter. Central Pacific Bank Trust Division lifted its stake in Ziff Davis by 21.3% in the 3rd quarter. Central Pacific Bank Trust Division now owns 2,730 shares of the technology company’s stock worth $133,000 after purchasing an additional 480 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Ziff Davis during the 3rd quarter worth approximately $37,000. Finally, Creative Planning grew its position in shares of Ziff Davis by 16.4% in the second quarter. Creative Planning now owns 5,840 shares of the technology company’s stock valued at $321,000 after purchasing an additional 822 shares in the last quarter. 99.76% of the stock is currently owned by institutional investors and hedge funds.

Ziff Davis Stock Down 2.4 %

ZD stock opened at $53.05 on Monday. Ziff Davis, Inc. has a fifty-two week low of $37.76 and a fifty-two week high of $70.90. The company’s 50 day moving average price is $56.00 and its 200 day moving average price is $50.50. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.42 and a current ratio of 1.42. The firm has a market capitalization of $2.27 billion, a price-to-earnings ratio of 44.96 and a beta of 1.36.

Ziff Davis (NASDAQ:ZD) last posted its earnings results on Thursday, November 7th. The technology company reported $1.44 EPS for the quarter, beating the consensus estimate of $1.34 by $0.10. The firm had revenue of $353.58 million for the quarter, compared to analyst estimates of $347.66 million. Ziff Davis had a return on equity of 13.98% and a net margin of 4.52%. During the same quarter in the prior year, the company posted $1.35 earnings per share. On average, equities research analysts anticipate that Ziff Davis, Inc. will post 5.93 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on ZD shares. Barclays raised their price objective 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. UBS Group reduced their price target on shares of Ziff Davis from $76.00 to $65.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 3rd. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, 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.