Universal Beteiligungs und Servicegesellschaft mbH Lowers Stock Position in Ziff Davis, Inc. $ZD

Universal Beteiligungs und Servicegesellschaft mbH decreased its holdings in Ziff Davis, Inc. (NASDAQ:ZD) by 24.5% in the 3rd quarter, Holdings Channel reports. The firm owned 85,839 shares of the technology company’s stock after selling 27,817 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Ziff Davis were worth $3,270,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the business. LSV Asset Management increased its stake in Ziff Davis by 313.8% in the second quarter. LSV Asset Management now owns 440,026 shares of the technology company’s stock valued at $13,320,000 after purchasing an additional 333,680 shares during the period. Legal & General Group Plc grew its holdings in shares of Ziff Davis by 9.0% during the second quarter. Legal & General Group Plc now owns 2,669,113 shares of the technology company’s stock worth $80,794,000 after buying an additional 221,445 shares during the last quarter. AQR Capital Management LLC increased its position in Ziff Davis by 206.0% in the 2nd quarter. AQR Capital Management LLC now owns 251,781 shares of the technology company’s stock valued at $7,621,000 after acquiring an additional 169,505 shares during the period. Fort Washington Investment Advisors Inc. OH raised its stake in Ziff Davis by 38.1% during the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 571,754 shares of the technology company’s stock valued at $21,784,000 after acquiring an additional 157,649 shares during the last quarter. Finally, Ellsworth Advisors LLC acquired a new stake in Ziff Davis during the 3rd quarter worth approximately $4,207,000. Institutional investors and hedge funds own 99.76% of the company’s stock.

Ziff Davis Stock Performance

NASDAQ:ZD opened at $39.29 on Thursday. The firm’s fifty day simple moving average is $35.55 and its 200-day simple moving average is $35.36. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.48. The stock has a market cap of $1.55 billion, a PE ratio of 15.59 and a beta of 1.44. Ziff Davis, Inc. has a fifty-two week low of $28.55 and a fifty-two week high of $55.20.

Ziff Davis (NASDAQ:ZD) last released its quarterly earnings data on Thursday, November 6th. The technology company reported $1.76 EPS for the quarter, hitting analysts’ consensus estimates of $1.76. Ziff Davis had a net margin of 7.62% and a return on equity of 13.73%. The firm had revenue of $363.71 million for the quarter, compared to the consensus estimate of $366.44 million. During the same quarter in the previous year, the firm earned $1.64 earnings per share. The firm’s revenue was up 2.9% on a year-over-year basis. Ziff Davis has set its FY 2025 guidance at 6.640-7.28 EPS. Analysts expect that Ziff Davis, Inc. will post 5.93 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Citigroup dropped their target price on Ziff Davis from $42.00 to $35.00 and set a “neutral” rating on the stock in a report on Monday, November 10th. Wall Street Zen cut shares of Ziff Davis from a “buy” rating to a “hold” rating in a research note on Saturday, November 15th. Zacks Research upgraded shares of Ziff Davis from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 6th. Barclays dropped their price target on shares of Ziff Davis from $40.00 to $34.00 and set an “equal weight” rating on the stock in a research note on Monday, November 10th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Ziff Davis in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Ziff Davis currently has an average rating of “Hold” and a consensus price target of $37.50.

Ziff Davis Company 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.