33,234 Shares in Zeta Global Holdings Corp. $ZETA Bought by Leo Wealth LLC

Leo Wealth LLC bought a new position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 33,234 shares of the company’s stock, valued at approximately $676,000.

Several other hedge funds also recently modified their holdings of the stock. Greenvale Capital LLP increased its stake in shares of Zeta Global by 178.0% in the 2nd quarter. Greenvale Capital LLP now owns 6,951,181 shares of the company’s stock valued at $107,674,000 after acquiring an additional 4,451,181 shares in the last quarter. Disciplined Growth Investors Inc. MN bought a new stake in shares of Zeta Global in the 3rd quarter valued at $121,502,000. Capital World Investors increased its holdings in shares of Zeta Global by 0.9% during the third quarter. Capital World Investors now owns 4,979,853 shares of the company’s stock valued at $98,950,000 after acquiring an additional 44,903 shares in the last quarter. State Street Corp increased its holdings in shares of Zeta Global by 4.8% during the second quarter. State Street Corp now owns 4,671,750 shares of the company’s stock valued at $72,365,000 after acquiring an additional 215,932 shares in the last quarter. Finally, Marshall Wace LLP increased its holdings in shares of Zeta Global by 11.0% during the third quarter. Marshall Wace LLP now owns 2,973,263 shares of the company’s stock valued at $59,079,000 after acquiring an additional 293,942 shares in the last quarter. Institutional investors own 87.75% of the company’s stock.

Zeta Global Trading Up 0.1%

Shares of ZETA stock opened at $15.81 on Tuesday. Zeta Global Holdings Corp. has a 52-week low of $10.69 and a 52-week high of $24.90. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.60 and a current ratio of 1.60. The company has a 50-day simple moving average of $17.08 and a two-hundred day simple moving average of $18.65. The company has a market capitalization of $3.86 billion, a price-to-earnings ratio of -105.36, a PEG ratio of 1.85 and a beta of 1.28.

Zeta Global (NYSE:ZETA) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.05. The business had revenue of $394.64 million during the quarter, compared to the consensus estimate of $378.09 million. Zeta Global had a negative net margin of 2.42% and a positive return on equity of 1.35%. The firm’s quarterly revenue was up 25.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.06 EPS. Research analysts anticipate that Zeta Global Holdings Corp. will post -0.16 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Morgan Stanley boosted their price objective on Zeta Global from $23.00 to $27.00 and gave the company an “equal weight” rating in a report 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 downgraded Zeta Global from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. The Goldman Sachs Group boosted their price objective on Zeta Global from $23.00 to $26.00 and gave the company a “neutral” rating in a report on Wednesday, January 28th. Finally, DA Davidson boosted their price objective on Zeta Global from $29.00 to $30.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Nine analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus 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.