Teacher Retirement System of Texas Buys Shares of 26,528 Zeta Global Holdings Corp. (NYSE:ZETA)

Teacher Retirement System of Texas bought a new stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 26,528 shares of the company’s stock, valued at approximately $360,000.

A number of other institutional investors also recently modified their holdings of the stock. Wilson Asset Management International PTY Ltd. acquired a new stake in shares of Zeta Global during the 1st quarter valued at $4,053,000. Vontobel Holding Ltd. boosted its stake in shares of Zeta Global by 4.9% during the 1st quarter. Vontobel Holding Ltd. now owns 38,376 shares of the company’s stock valued at $520,000 after buying an additional 1,776 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in shares of Zeta Global during the 1st quarter valued at $162,000. Cavalier Investments LLC acquired a new stake in shares of Zeta Global during the 1st quarter valued at $2,735,000. Finally, Bartlett & CO. Wealth Management LLC acquired a new stake in shares of Zeta Global during the 1st quarter valued at $27,000. Institutional investors and hedge funds own 87.75% of the company’s stock.

Zeta Global Stock Performance

NYSE:ZETA opened at $15.62 on Friday. Zeta Global Holdings Corp. has a 1 year low of $10.69 and a 1 year high of $38.20. The firm’s fifty day simple moving average is $14.10 and its 200 day simple moving average is $15.49. The company has a current ratio of 3.33, a quick ratio of 3.33 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $3.68 billion, a PE ratio of -53.86, a PEG ratio of 34.99 and a beta of 1.29.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ZETA. DA Davidson dropped their price target on shares of Zeta Global from $42.00 to $25.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Truist Financial dropped their price target on shares of Zeta Global from $42.00 to $34.00 and set a “buy” rating on the stock in a research note on Wednesday, April 16th. The Goldman Sachs Group dropped their price target on shares of Zeta Global from $27.00 to $16.00 and set a “neutral” rating on the stock in a research note on Monday, May 5th. Morgan Stanley dropped their price target on shares of Zeta Global from $25.00 to $15.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 16th. Finally, B. Riley dropped their price target on shares of Zeta Global from $44.00 to $29.00 and set a “buy” rating on the stock in a research note on Tuesday, April 22nd. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, Zeta Global presently has an average rating of “Moderate Buy” and a consensus price target of $30.36.

About Zeta Global

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.