Blair William & Co. IL Boosts Stock Holdings in Zeta Global Holdings Corp. $ZETA

Blair William & Co. IL boosted its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 43.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,566 shares of the company’s stock after buying an additional 12,643 shares during the period. Blair William & Co. IL’s holdings in Zeta Global were worth $644,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bartlett & CO. Wealth Management LLC acquired a new position in Zeta Global in the first quarter valued at approximately $27,000. Quarry LP lifted its holdings in Zeta Global by 963.9% in the first quarter. Quarry LP now owns 2,181 shares of the company’s stock valued at $30,000 after acquiring an additional 1,976 shares during the last quarter. Banque Cantonale Vaudoise acquired a new position in Zeta Global in the first quarter valued at approximately $32,000. CWM LLC lifted its holdings in Zeta Global by 44.5% in the first quarter. CWM LLC now owns 4,106 shares of the company’s stock valued at $56,000 after acquiring an additional 1,264 shares during the last quarter. Finally, AlphaQuest LLC lifted its holdings in Zeta Global by 261.1% in the first quarter. AlphaQuest LLC now owns 4,463 shares of the company’s stock valued at $61,000 after acquiring an additional 3,227 shares during the last quarter. 87.75% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zeta Global in a report on Wednesday, October 8th. DA Davidson upped their price objective on Zeta Global from $25.00 to $27.00 and gave the company a “buy” rating in a report on Monday, September 22nd. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price objective on shares of Zeta Global in a report on Thursday, October 9th. William Blair reiterated an “outperform” rating on shares of Zeta Global in a report on Wednesday, October 1st. Finally, Bank of America upped their price objective on Zeta Global from $20.00 to $24.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Ten research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.54.

Zeta Global Stock Down 1.9%

Zeta Global stock opened at $18.22 on Friday. Zeta Global Holdings Corp. has a twelve month low of $10.69 and a twelve month high of $38.20. The stock’s fifty day simple moving average is $19.55 and its 200-day simple moving average is $15.88. The company has a current ratio of 3.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $4.34 billion, a P/E ratio of -95.89 and a beta of 1.29.

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.