First Horizon Advisors Inc. Has $47,000 Position in Ziff Davis, Inc. (NASDAQ:ZD)

First Horizon Advisors Inc. boosted its holdings in shares of Ziff Davis, Inc. (NASDAQ:ZD) by 42.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 866 shares of the technology company’s stock after acquiring an additional 260 shares during the quarter. First Horizon Advisors Inc.’s holdings in Ziff Davis were worth $47,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. TD Private Client Wealth LLC raised its position in Ziff Davis by 19.2% during the third quarter. TD Private Client Wealth LLC now owns 1,549 shares of the technology company’s stock valued at $75,000 after acquiring an additional 249 shares in the last quarter. Central Pacific Bank Trust Division raised its position in Ziff Davis by 17.9% during the fourth quarter. Central Pacific Bank Trust Division now owns 3,220 shares of the technology company’s stock valued at $175,000 after acquiring an additional 490 shares in the last quarter. Hunter Perkins Capital Management LLC raised its position in shares of Ziff Davis by 4.0% in the fourth quarter. Hunter Perkins Capital Management LLC now owns 14,855 shares of the technology company’s stock valued at $807,000 after purchasing an additional 565 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of Ziff Davis in the third quarter valued at approximately $37,000. Finally, New York State Teachers Retirement System raised its position in shares of Ziff Davis by 2.8% in the third quarter. New York State Teachers Retirement System now owns 60,762 shares of the technology company’s stock valued at $2,957,000 after purchasing an additional 1,639 shares during the period. Institutional investors own 99.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on ZD. JPMorgan Chase & Co. dropped their price target on shares of Ziff Davis from $70.00 to $60.00 and set an “overweight” rating on the stock in a research report on Wednesday. Barclays lifted their price target on shares of Ziff Davis from $44.00 to $61.00 and gave the company an “equal weight” rating in a research report on Monday, November 11th. Citigroup dropped their price target on shares of Ziff Davis from $58.00 to $52.00 and set a “neutral” rating on the stock in a research report on Wednesday. Finally, UBS Group dropped their price target on shares of Ziff Davis from $65.00 to $56.00 and set a “neutral” rating on the stock in a research report on Wednesday. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $65.67.

Ziff Davis Trading Down 3.9 %

Shares of Ziff Davis stock opened at $41.31 on Friday. The company’s fifty day simple moving average is $52.99 and its 200-day simple moving average is $51.27. The company has a market cap of $1.77 billion, a price-to-earnings ratio of 35.01 and a beta of 1.36. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.49. Ziff Davis, Inc. has a 1 year low of $37.76 and a 1 year high of $70.02.

Ziff Davis Company 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.