Swiss National Bank Has $4.75 Million Position in Zeta Global Holdings Corp. $ZETA

Swiss National Bank lessened its stake in Zeta Global Holdings Corp. (NYSE:ZETA) by 7.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 350,000 shares of the company’s stock after selling 29,500 shares during the period. Swiss National Bank owned about 0.15% of Zeta Global worth $4,746,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of ZETA. Optiver Holding B.V. increased its holdings in Zeta Global by 60.9% in the 4th quarter. Optiver Holding B.V. now owns 1,406 shares of the company’s stock valued at $25,000 after buying an additional 532 shares during the period. Coppell Advisory Solutions LLC boosted its position in shares of Zeta Global by 244.1% during the 4th quarter. Coppell Advisory Solutions LLC now owns 1,693 shares of the company’s stock valued at $31,000 after acquiring an additional 1,201 shares in the last quarter. Point72 Hong Kong Ltd acquired a new stake in shares of Zeta Global during the 4th quarter valued at about $33,000. Bartlett & CO. Wealth Management LLC bought a new stake in Zeta Global in the first quarter valued at about $27,000. Finally, Banque Cantonale Vaudoise acquired a new position in Zeta Global in the first quarter worth about $32,000. Institutional investors own 87.75% of the company’s stock.

Zeta Global Stock Performance

Shares of NYSE:ZETA opened at $19.0010 on Wednesday. The company has a current ratio of 3.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.29. Zeta Global Holdings Corp. has a 1-year low of $10.69 and a 1-year high of $38.20. The stock has a market capitalization of $4.52 billion, a P/E ratio of -100.01 and a beta of 1.28. The business has a 50-day moving average price of $15.70 and a two-hundred day moving average price of $15.30.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on ZETA shares. Needham & Company LLC decreased their price objective on Zeta Global from $43.00 to $25.00 and set a “buy” rating on the stock in a report on Friday, May 2nd. Morgan Stanley boosted their target price on shares of Zeta Global from $15.00 to $20.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 6th. Wall Street Zen raised shares of Zeta Global from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. B. Riley cut their price target on shares of Zeta Global from $44.00 to $29.00 and set a “buy” rating for the company in a report on Tuesday, April 22nd. Finally, Canaccord Genuity Group raised their price objective 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. Eleven equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Zeta Global presently has an average rating of “Moderate Buy” and an average target price of $30.14.

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.