Zeta Global (NYSE:ZETA) Receives “Outperform” Rating from William Blair

William Blair reiterated their outperform rating on shares of Zeta Global (NYSE:ZETA) in a report issued on Wednesday,RTT News reports.

Several other brokerages also recently commented on ZETA. Wall Street Zen upgraded shares of Zeta Global from a “hold” rating to a “buy” rating in a research report on Saturday, September 20th. Bank of America boosted their price objective on shares of Zeta Global from $20.00 to $24.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. DA Davidson boosted their price objective on shares of Zeta Global from $25.00 to $27.00 and gave the company a “buy” rating in a research report on Monday, September 22nd. The Goldman Sachs Group boosted their price objective on shares of Zeta Global from $16.00 to $18.00 and gave the company a “neutral” rating in a research report on Thursday, August 7th. Finally, Needham & Company LLC boosted their price objective on shares of Zeta Global from $20.00 to $25.00 and gave the company a “buy” rating in a research report on Wednesday. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Zeta Global has an average rating of “Moderate Buy” and a consensus price target of $29.38.

Zeta Global Stock Up 0.7%

NYSE ZETA opened at $20.01 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 has a 1-year low of $10.69 and a 1-year high of $38.20. The company has a 50 day moving average of $18.94 and a 200-day moving average of $15.52. The company has a market cap of $4.76 billion, a price-to-earnings ratio of -105.29 and a beta of 1.29.

Institutional Trading of Zeta Global

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Nomura Holdings Inc. increased its holdings in Zeta Global by 6.0% in the second quarter. Nomura Holdings Inc. now owns 162,424 shares of the company’s stock valued at $2,516,000 after purchasing an additional 9,123 shares during the period. Castleark Management LLC acquired a new stake in Zeta Global in the second quarter valued at $791,000. Tower Research Capital LLC TRC increased its holdings in Zeta Global by 580.7% in the second quarter. Tower Research Capital LLC TRC now owns 28,126 shares of the company’s stock valued at $436,000 after purchasing an additional 23,994 shares during the period. Manatuck Hill Partners LLC boosted its position in Zeta Global by 16.0% during the second quarter. Manatuck Hill Partners LLC now owns 290,000 shares of the company’s stock valued at $4,492,000 after acquiring an additional 40,000 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its position in Zeta Global by 95.6% during the second quarter. BNP Paribas Financial Markets now owns 83,628 shares of the company’s stock valued at $1,295,000 after acquiring an additional 40,878 shares during the last quarter. 87.75% of the stock is currently owned by institutional investors and hedge funds.

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.