American Century Companies Inc. Acquires 26,858 Shares of Zeta Global Holdings Corp. $ZETA

American Century Companies Inc. increased its holdings in Zeta Global Holdings Corp. (NYSE:ZETA) by 146.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,245 shares of the company’s stock after purchasing an additional 26,858 shares during the quarter. American Century Companies Inc.’s holdings in Zeta Global were worth $614,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Yong Rong HK Asset Management Ltd bought a new stake in Zeta Global during the 1st quarter valued at approximately $38,748,000. Jacobs Levy Equity Management Inc. bought a new stake in Zeta Global during the 4th quarter valued at approximately $51,042,000. Nuveen LLC bought a new stake in shares of Zeta Global in the 1st quarter worth approximately $28,152,000. Northern Trust Corp boosted its position in shares of Zeta Global by 16.0% in the 4th quarter. Northern Trust Corp now owns 2,041,040 shares of the company’s stock worth $36,718,000 after purchasing an additional 281,251 shares in the last quarter. Finally, Two Sigma Investments LP boosted its position in shares of Zeta Global by 1,240.8% in the 4th quarter. Two Sigma Investments LP now owns 1,847,443 shares of the company’s stock worth $33,236,000 after purchasing an additional 1,709,654 shares in the last quarter. 87.75% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on ZETA. The Goldman Sachs Group boosted their price objective on shares of Zeta Global from $16.00 to $18.00 and gave the stock a “neutral” rating in a report on Thursday, August 7th. Morgan Stanley boosted their price objective 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. Bank of America boosted their price objective 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. Canaccord Genuity Group boosted their target price on shares of Zeta Global from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Finally, Wall Street Zen upgraded shares of Zeta Global from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. Eleven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Zeta Global currently has an average rating of “Moderate Buy” and an average price target of $30.14.

Zeta Global Trading Down 0.4%

Shares of Zeta Global stock opened at $18.69 on Friday. The company has a fifty day moving average of $16.99 and a 200 day moving average of $15.18. Zeta Global Holdings Corp. has a fifty-two week low of $10.69 and a fifty-two week high of $38.20. The company has a market capitalization of $4.45 billion, a P/E ratio of -98.36 and a beta of 1.30. 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.