PNC Financial Services Group Inc. Has $230,000 Holdings in Zeta Global Holdings Corp. $ZETA

PNC Financial Services Group Inc. grew its holdings in Zeta Global Holdings Corp. (NYSE:ZETA) by 9.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,985 shares of the company’s stock after purchasing an additional 1,422 shares during the period. PNC Financial Services Group Inc.’s holdings in Zeta Global were worth $230,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Optiver Holding B.V. raised its holdings in shares of Zeta Global by 60.9% in the fourth quarter. Optiver Holding B.V. now owns 1,406 shares of the company’s stock valued at $25,000 after purchasing an additional 532 shares during the last quarter. Coppell Advisory Solutions LLC increased its holdings in Zeta Global by 244.1% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,693 shares of the company’s stock worth $31,000 after buying an additional 1,201 shares during the last quarter. Point72 Hong Kong Ltd acquired a new position in Zeta Global during the fourth quarter worth $33,000. Bartlett & CO. Wealth Management LLC acquired a new position in Zeta Global during the first quarter worth $27,000. Finally, Banque Cantonale Vaudoise acquired a new position in Zeta Global during the first quarter worth $32,000. 87.75% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ZETA has been the topic of a number of recent analyst reports. Wall Street Zen upgraded shares of Zeta Global from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. Needham & Company LLC lowered their target price on shares of Zeta Global from $43.00 to $25.00 and set a “buy” rating on the stock in a report on Friday, May 2nd. Canaccord Genuity Group boosted their target price on shares of Zeta Global from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Bank of America boosted their target price on shares of Zeta Global from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Finally, Morgan Stanley boosted their target price on shares of Zeta Global from $15.00 to $20.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 6th. Four analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $30.14.

Zeta Global Trading Up 7.1%

Shares of Zeta Global stock opened at $19.08 on Monday. The firm has a 50-day moving average of $15.46 and a 200-day moving average of $15.26. The stock has a market cap of $4.54 billion, a PE ratio of -100.42 and a beta of 1.28. Zeta Global Holdings Corp. has a 52-week low of $10.69 and a 52-week high of $38.20. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.25 and a current ratio of 3.25.

Zeta Global Company 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.