Barrow Hanley Mewhinney & Strauss LLC Invests $10.31 Million in Zeta Global Holdings Corp. $ZETA

Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Zeta Global Holdings Corp. (NYSE:ZETA) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 518,797 shares of the company’s stock, valued at approximately $10,308,000. Barrow Hanley Mewhinney & Strauss LLC owned approximately 0.22% of Zeta Global at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its holdings in Zeta Global by 124.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,842 shares of the company’s stock worth $37,000 after buying an additional 1,023 shares in the last quarter. Traub Capital Management LLC bought a new position in Zeta Global during the 2nd quarter valued at about $50,000. SBI Securities Co. Ltd. lifted its stake in Zeta Global by 58.3% during the 2nd quarter. SBI Securities Co. Ltd. now owns 3,368 shares of the company’s stock valued at $52,000 after acquiring an additional 1,241 shares during the period. Game Plan Financial Advisors LLC purchased a new stake in shares of Zeta Global during the 3rd quarter valued at about $55,000. Finally, Optiver Holding B.V. boosted its holdings in shares of Zeta Global by 97.1% during the 3rd quarter. Optiver Holding B.V. now owns 2,940 shares of the company’s stock valued at $58,000 after acquiring an additional 1,448 shares during the last quarter. 87.75% of the stock is currently owned by hedge funds and other institutional investors.

Zeta Global Stock Down 0.4%

ZETA opened at $18.24 on Thursday. The firm’s 50 day simple moving average is $19.01 and its two-hundred day simple moving average is $19.05. The company has a market capitalization of $4.45 billion, a PE ratio of -121.62, a PEG ratio of 2.15 and a beta of 1.28. Zeta Global Holdings Corp. has a 1-year low of $10.69 and a 1-year high of $24.90. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.24.

Insider Activity at Zeta Global

In other news, Director Jeanine Silberblatt sold 12,990 shares of Zeta Global stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $19.34, for a total transaction of $251,226.60. Following the transaction, the director directly owned 57,850 shares of the company’s stock, valued at $1,118,819. The trade was a 18.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 13.02% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

ZETA has been the subject of several research reports. Citigroup initiated coverage on shares of Zeta Global in a report on Friday, November 21st. They set a “buy” rating and a $26.00 price objective for the company. DA Davidson raised their target price on shares of Zeta Global from $29.00 to $30.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. UBS Group set a $29.00 target price on shares of Zeta Global in a research report on Tuesday, November 25th. Weiss Ratings reissued a “sell (d-)” rating on shares of Zeta Global in a report on Wednesday, January 21st. Finally, William Blair restated an “outperform” rating on shares of Zeta Global in a research note on Monday, November 24th. Nine analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $29.00.

Zeta Global Company Profile

Zeta Global, founded in 2007 and headquartered in New York City, is a leading data-driven marketing technology company. The firm’s mission centers on helping brands acquire, grow and retain customers through a unified customer lifecycle management platform. Over the years, Zeta Global has built a reputation for leveraging big data and predictive analytics to power digital marketing programs across multiple channels.

At the core of Zeta’s offering is the Zeta Marketing Platform, which combines identity resolution, audience insights and real-time engagement capabilities.