Zeta Global Holdings Corp. $ZETA Shares Acquired by Capital World Investors

Capital World Investors boosted its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 0.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,013,776 shares of the company’s stock after purchasing an additional 33,923 shares during the quarter. Capital World Investors’ holdings in Zeta Global were worth $102,030,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ZETA. Cornerstone Planning Group LLC boosted its position in Zeta Global by 3,150.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 1,300 shares of the company’s stock valued at $26,000 after purchasing an additional 1,260 shares during the period. Binnacle Investments Inc acquired a new position in Zeta Global during the 3rd quarter valued at approximately $30,000. United Community Bank acquired a new position in Zeta Global during the 4th quarter valued at approximately $31,000. National Bank of Canada FI boosted its position in Zeta Global by 223.1% during the 3rd quarter. National Bank of Canada FI now owns 1,835 shares of the company’s stock valued at $36,000 after purchasing an additional 1,267 shares during the period. Finally, Optiver Holding B.V. boosted its position in Zeta Global by 97.1% during the 3rd quarter. Optiver Holding B.V. now owns 2,940 shares of the company’s stock valued at $58,000 after purchasing an additional 1,448 shares during the period. Institutional investors and hedge funds own 87.75% of the company’s stock.

Zeta Global Stock Down 2.9%

ZETA opened at $21.13 on Wednesday. Zeta Global Holdings Corp. has a one year low of $12.10 and a one year high of $25.95. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.07 and a current ratio of 2.07. The stock’s fifty day moving average is $18.17 and its 200-day moving average is $18.45. The company has a market capitalization of $5.27 billion, a PE ratio of -192.10, a P/E/G ratio of 3.39 and a beta of 1.34.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. DA Davidson boosted their price objective on Zeta Global from $29.00 to $30.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Royal Bank Of Canada boosted their price objective on Zeta Global from $27.00 to $29.00 and gave the company an “outperform” rating in a research report on Friday, May 1st. Bank of America assumed coverage on Zeta Global in a research report on Tuesday, May 19th. They set a “buy” rating and a $24.00 price objective for the company. Wall Street Zen lowered Zeta Global from a “buy” rating to a “hold” rating in a research report on Saturday, May 30th. Finally, B. Riley Financial restated a “buy” rating on shares of Zeta Global in a research report on Friday, May 1st. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $27.83.

About Zeta Global

Zeta Global, founded in 2007 and headquartered in New York City, is a leading data-driven marketing technology company. The firm’s mission centers on helping brands acquire, grow and retain customers through a unified customer lifecycle management platform. Over the years, Zeta Global has built a reputation for leveraging big data and predictive analytics to power digital marketing programs across multiple channels.

At the core of Zeta’s offering is the Zeta Marketing Platform, which combines identity resolution, audience insights and real-time engagement capabilities.