Fort Washington Investment Advisors Inc. OH Purchases New Position in Zeta Global Holdings Corp. $ZETA

Fort Washington Investment Advisors Inc. OH acquired a new position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 686,760 shares of the company’s stock, valued at approximately $13,976,000.

A number of other institutional investors and hedge funds have also bought and sold shares of ZETA. Disciplined Growth Investors Inc. MN bought a new stake in shares of Zeta Global in the third quarter valued at about $121,502,000. Greenvale Capital LLP grew its holdings in Zeta Global by 178.0% during the 2nd quarter. Greenvale Capital LLP now owns 6,951,181 shares of the company’s stock worth $107,674,000 after acquiring an additional 4,451,181 shares in the last quarter. Marshall Wace LLP grew its holdings in Zeta Global by 857.2% during the 2nd quarter. Marshall Wace LLP now owns 2,679,321 shares of the company’s stock worth $41,503,000 after acquiring an additional 2,399,408 shares in the last quarter. Norges Bank purchased a new position in Zeta Global during the 2nd quarter valued at about $33,474,000. Finally, Stephens Investment Management Group LLC raised its holdings in shares of Zeta Global by 92.8% in the 3rd quarter. Stephens Investment Management Group LLC now owns 1,802,642 shares of the company’s stock valued at $35,818,000 after purchasing an additional 867,540 shares in the last quarter. 87.75% of the stock is owned by institutional investors.

Zeta Global Price Performance

Shares of ZETA opened at $14.55 on Friday. The company has a 50 day moving average of $17.71 and a two-hundred day moving average of $18.86. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.24. Zeta Global Holdings Corp. has a twelve month low of $10.69 and a twelve month high of $24.90. The company has a market cap of $3.55 billion, a price-to-earnings ratio of -96.96, a price-to-earnings-growth ratio of 1.89 and a beta of 1.28.

Analysts Set New Price Targets

ZETA has been the topic of a number of recent research reports. The Goldman Sachs Group increased their price objective on shares of Zeta Global from $23.00 to $26.00 and gave the company a “neutral” rating in a research note on Wednesday, January 28th. Morgan Stanley boosted their price objective on shares of Zeta Global from $23.00 to $27.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 15th. Weiss Ratings restated a “sell (d-)” rating on shares of Zeta Global in a report on Wednesday, January 21st. Wall Street Zen cut Zeta Global from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, DA Davidson lifted their price target on Zeta Global from $29.00 to $30.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Nine analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target 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.