18,387 Shares in Zeta Global Holdings Corp. (NYSE:ZETA) Acquired by American Century Companies Inc.

American Century Companies Inc. bought a new position in Zeta Global Holdings Corp. (NYSE:ZETA) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 18,387 shares of the company’s stock, valued at approximately $331,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Rakuten Securities Inc. bought a new stake in shares of Zeta Global in the 4th quarter valued at $27,000. SBI Securities Co. Ltd. bought a new stake in Zeta Global in the fourth quarter valued at $33,000. Heck Capital Advisors LLC acquired a new position in shares of Zeta Global during the fourth quarter valued at about $66,000. IFP Advisors Inc acquired a new position in shares of Zeta Global during the fourth quarter valued at about $72,000. Finally, Transcendent Capital Group LLC bought a new position in shares of Zeta Global during the 4th quarter worth about $87,000. 87.75% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on ZETA shares. William Blair reaffirmed an “outperform” rating on shares of Zeta Global in a research note on Wednesday, February 26th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $28.00 target price on shares of Zeta Global in a research report on Wednesday, February 26th. Barclays reduced their price target on shares of Zeta Global from $32.00 to $18.00 and set an “equal weight” rating for the company in a research report on Thursday, February 27th. Royal Bank of Canada lowered their price objective on shares of Zeta Global from $43.00 to $40.00 and set an “outperform” rating on the stock in a report on Friday, January 3rd. Finally, Morgan Stanley lifted their price objective on shares of Zeta Global from $23.00 to $25.00 and gave the company an “equal weight” rating in a report on Wednesday, February 26th. Four analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $36.86.

Zeta Global Stock Performance

ZETA stock opened at $12.07 on Monday. The business has a 50 day moving average of $16.61 and a 200-day moving average of $21.00. The firm has a market cap of $2.87 billion, a PE ratio of -17.24, a P/E/G ratio of 1.65 and a beta of 1.29. Zeta Global Holdings Corp. has a 12-month low of $10.93 and a 12-month high of $38.20. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41.

Zeta Global Profile

Zeta Global Holdings Corp. operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally. The company’s Zeta Marketing Platform analyzes billions of structured and unstructured data points to predict consumer intent by leveraging sophisticated machine learning algorithms and the industry’s opted-in data set for omnichannel marketing; and Consumer Data platform ingests, analyzes, and distills disparate data points to generate a single view of a consumer, encompassing identity, profile characteristics, behaviors, and purchase intent.