Ziff Davis, Inc. $ZD Shares Sold by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH decreased its holdings in shares of Ziff Davis, Inc. (NASDAQ:ZD) by 6.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 533,137 shares of the technology company’s stock after selling 38,617 shares during the period. Fort Washington Investment Advisors Inc. OH owned approximately 1.35% of Ziff Davis worth $18,740,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. LSV Asset Management boosted its stake in Ziff Davis by 75.6% in the 3rd quarter. LSV Asset Management now owns 772,700 shares of the technology company’s stock worth $29,440,000 after purchasing an additional 332,674 shares in the last quarter. Invenomic Capital Management LP grew its position in Ziff Davis by 86.0% during the 3rd quarter. Invenomic Capital Management LP now owns 408,449 shares of the technology company’s stock worth $15,562,000 after purchasing an additional 188,844 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Ziff Davis by 46.1% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 552,385 shares of the technology company’s stock valued at $21,046,000 after purchasing an additional 174,287 shares in the last quarter. AQR Capital Management LLC increased its stake in Ziff Davis by 206.0% during the 2nd quarter. AQR Capital Management LLC now owns 251,781 shares of the technology company’s stock valued at $7,621,000 after purchasing an additional 169,505 shares in the last quarter. Finally, Ellsworth Advisors LLC purchased a new position in shares of Ziff Davis in the third quarter worth $4,207,000. Institutional investors and hedge funds own 99.76% of the company’s stock.

Ziff Davis Stock Performance

Shares of NASDAQ ZD opened at $41.64 on Friday. The company has a 50 day simple moving average of $36.70 and a two-hundred day simple moving average of $35.85. The stock has a market cap of $1.57 billion, a price-to-earnings ratio of 37.85 and a beta of 1.50. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.41. Ziff Davis, Inc. has a 12 month low of $22.45 and a 12 month high of $50.55.

Analysts Set New Price Targets

Several research firms have recently commented on ZD. Zacks Research upgraded shares of Ziff Davis from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 6th. Royal Bank Of Canada reissued an “outperform” rating and issued a $40.00 target price on shares of Ziff Davis in a research report on Tuesday, February 24th. Barclays raised their target price on Ziff Davis from $34.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Wednesday, March 4th. UBS Group lowered their price target on Ziff Davis from $38.00 to $30.00 and set a “neutral” rating for the company in a research report on Wednesday, February 25th. Finally, Evercore reiterated an “outperform” rating and set a $46.00 price target on shares of Ziff Davis in a research note on Tuesday, February 24th. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $41.13.

Ziff Davis Profile

Ziff Davis, Inc is a digital media and internet company that operates a diverse portfolio of online brands, subscription-based services and performance marketing platforms. The company specializes in technology publishing and digital marketing solutions, offering content, reviews and insights tailored to consumer and enterprise audiences. Ziff Davis’s flagship media properties include PCMag, which provides expert reviews and comparisons of consumer electronics and software, as well as IGN, a leading destination for gaming news, reviews and entertainment coverage.

Founded in 1927 by William B.