Tudor Investment Corp ET AL Purchases 678,441 Shares of Zeta Global Holdings Corp. $ZETA

Tudor Investment Corp ET AL lifted its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 93.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 1,407,047 shares of the company’s stock after purchasing an additional 678,441 shares during the period. Tudor Investment Corp ET AL’s holdings in Zeta Global were worth $27,958,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Allworth Financial LP raised its position in Zeta Global by 127.6% in the third quarter. Allworth Financial LP now owns 17,952 shares of the company’s stock valued at $357,000 after purchasing an additional 10,063 shares during the last quarter. Penn Capital Management Company LLC bought a new stake in shares of Zeta Global during the third quarter worth about $15,570,000. CIBC Bancorp USA Inc. bought a new stake in shares of Zeta Global during the third quarter worth about $395,000. Advisory Services Network LLC acquired a new position in shares of Zeta Global in the third quarter valued at approximately $100,000. Finally, Castleark Management LLC raised its holdings in Zeta Global by 593.6% in the 3rd quarter. Castleark Management LLC now owns 354,277 shares of the company’s stock valued at $7,039,000 after buying an additional 303,197 shares during the last quarter. Institutional investors own 87.75% of the company’s stock.

Zeta Global Price Performance

Shares of NYSE ZETA opened at $17.24 on Friday. The company has a market capitalization of $4.21 billion, a PE ratio of -114.92, a P/E/G ratio of 2.02 and a beta of 1.28. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.24. Zeta Global Holdings Corp. has a twelve month low of $10.69 and a twelve month high of $24.90. The firm has a fifty day simple moving average of $18.48 and a 200 day simple moving average of $18.97.

Wall Street Analysts Forecast Growth

ZETA has been the topic of several recent research reports. B. Riley Financial lifted their target price on shares of Zeta Global from $29.00 to $30.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. DA Davidson boosted their price objective on shares of Zeta Global from $29.00 to $30.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Bank of America raised their target price on Zeta Global from $28.00 to $30.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. The Goldman Sachs Group upped their price target on Zeta Global from $23.00 to $26.00 and gave the company a “neutral” rating in a research report on Wednesday, January 28th. Finally, Wall Street Zen downgraded Zeta Global from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Nine investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $29.00.

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.