Diversified Trust Co Raises Stock Position in Zeta Global Holdings Corp. $ZETA

Diversified Trust Co boosted its holdings in shares of Zeta Global Holdings Corp. (NYSE:ZETAFree Report) by 161.2% in the first quarter, HoldingsChannel reports. The firm owned 82,322 shares of the company’s stock after buying an additional 50,800 shares during the period. Diversified Trust Co’s holdings in Zeta Global were worth $1,311,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in ZETA. Hsbc Holdings PLC lifted its holdings in shares of Zeta Global by 2.3% in the 4th quarter. Hsbc Holdings PLC now owns 34,938 shares of the company’s stock valued at $724,000 after buying an additional 793 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in Zeta Global during the fourth quarter worth about $83,000. DGS Capital Management LLC grew its holdings in Zeta Global by 64.4% during the fourth quarter. DGS Capital Management LLC now owns 24,890 shares of the company’s stock worth $507,000 after acquiring an additional 9,748 shares during the period. Invesco Ltd. raised its position in Zeta Global by 9.4% during the fourth quarter. Invesco Ltd. now owns 153,202 shares of the company’s stock valued at $3,118,000 after acquiring an additional 13,221 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. raised its position in Zeta Global by 8.6% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 4,027,355 shares of the company’s stock valued at $81,957,000 after acquiring an additional 318,709 shares in the last quarter. 87.75% of the stock is owned by hedge funds and other institutional investors.

Zeta Global Stock Up 5.5%

Zeta Global stock opened at $19.49 on Wednesday. The stock has a market capitalization of $4.86 billion, a PE ratio of -177.18, a price-to-earnings-growth ratio of 2.88 and a beta of 1.34. Zeta Global Holdings Corp. has a 12 month low of $13.74 and a 12 month high of $25.95. The business has a 50 day simple moving average of $18.95 and a 200-day simple moving average of $18.57. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.07 and a quick ratio of 2.07.

Wall Street Analysts Forecast Growth

Several research firms have commented on ZETA. Wall Street Zen upgraded Zeta Global from a “hold” rating to a “buy” rating in a research report on Saturday. B. Riley Financial reaffirmed a “buy” rating on shares of Zeta Global in a report on Friday, May 1st. Royal Bank Of Canada boosted their target price on shares of Zeta Global from $27.00 to $29.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. Bank of America initiated coverage on shares of Zeta Global in a report on Tuesday, May 19th. They set a “buy” rating and a $24.00 price target on the stock. Finally, KeyCorp upgraded shares of Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 price target on the stock in a research report on Tuesday, April 28th. Ten research analysts have rated the stock with a Buy rating, three have assigned 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 price target of $28.00.

Read Our Latest Report on ZETA

Insider Activity

In related news, Director Jeanine Silberblatt sold 7,500 shares of Zeta Global stock in a transaction on Friday, June 12th. The shares were sold at an average price of $19.89, for a total value of $149,175.00. Following the sale, the director owned 50,350 shares of the company’s stock, valued at approximately $1,001,461.50. This trade represents a 12.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 10.74% of the stock is owned by company insiders.

Zeta Global News Roundup

Here are the key news stories impacting Zeta Global this week:

About Zeta Global

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Zeta Global (NYSE:ZETA)

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