Wealth Enhancement Advisory Services LLC increased its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA – Free Report) by 61.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 23,808 shares of the company’s stock after buying an additional 9,065 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Zeta Global were worth $368,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of the company. Harbor Capital Advisors Inc. boosted its position in Zeta Global by 1.3% during the second quarter. Harbor Capital Advisors Inc. now owns 63,330 shares of the company’s stock valued at $981,000 after purchasing an additional 804 shares during the last quarter. SlateStone Wealth LLC increased its stake in shares of Zeta Global by 5.8% during the first quarter. SlateStone Wealth LLC now owns 17,154 shares of the company’s stock worth $233,000 after purchasing an additional 948 shares during the period. Advisors Asset Management Inc. increased its stake in shares of Zeta Global by 34.2% during the first quarter. Advisors Asset Management Inc. now owns 4,579 shares of the company’s stock worth $62,000 after purchasing an additional 1,168 shares during the period. CWM LLC increased its stake in shares of Zeta Global by 44.5% during the first quarter. CWM LLC now owns 4,106 shares of the company’s stock worth $56,000 after purchasing an additional 1,264 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in Zeta Global by 9.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 16,985 shares of the company’s stock worth $230,000 after acquiring an additional 1,422 shares during the period. 87.75% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of equities analysts have commented on the company. DA Davidson raised their price objective on Zeta Global from $25.00 to $27.00 and gave the stock a “buy” rating in a research note on Monday, September 22nd. Wall Street Zen raised Zeta Global from a “hold” rating to a “buy” rating in a report on Saturday, September 20th. William Blair reissued an “outperform” rating on shares of Zeta Global in a report on Wednesday, October 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of Zeta Global in a report on Saturday, September 27th. Finally, Zacks Research raised Zeta Global from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 27th. Ten research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $29.38.
Zeta Global Stock Performance
Shares of Zeta Global stock opened at $20.00 on Wednesday. Zeta Global Holdings Corp. has a one year low of $10.69 and a one year high of $38.20. The firm has a market capitalization of $4.76 billion, a price-to-earnings ratio of -105.25 and a beta of 1.29. The business has a 50-day simple moving average of $19.24 and a 200 day simple moving average of $15.67. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.25 and a quick ratio of 3.25.
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.
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