Fort Washington Investment Advisors Inc. OH Grows Holdings in Zeta Global Holdings Corp. $ZETA

Fort Washington Investment Advisors Inc. OH grew its position in Zeta Global Holdings Corp. (NYSE:ZETA) by 66.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,142,960 shares of the company’s stock after acquiring an additional 456,200 shares during the period. Fort Washington Investment Advisors Inc. OH owned about 0.47% of Zeta Global worth $18,196,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of ZETA. Vanguard Group Inc. boosted its position in Zeta Global by 6.1% during the fourth quarter. Vanguard Group Inc. now owns 23,051,314 shares of the company’s stock worth $469,094,000 after purchasing an additional 1,325,717 shares in the last quarter. Fortress Investment Group LLC purchased a new position in shares of Zeta Global during the 3rd quarter valued at approximately $9,935,000. Register Financial Advisors LLC grew its stake in Zeta Global by 794.6% in the 4th quarter. Register Financial Advisors LLC now owns 107,350 shares of the company’s stock valued at $2,185,000 after acquiring an additional 95,350 shares during the period. DNB Asset Management AS acquired a new stake in Zeta Global in the 3rd quarter valued at $2,416,000. Finally, Moody National Bank Trust Division increased its holdings in Zeta Global by 129.6% in the 4th quarter. Moody National Bank Trust Division now owns 192,763 shares of the company’s stock worth $3,923,000 after acquiring an additional 108,821 shares in the last quarter. 87.75% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Zeta Global

In related news, Director Jeanine Silberblatt sold 7,500 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $19.89, for a total transaction of $149,175.00. Following the completion of the sale, the director directly owned 50,350 shares in the company, valued at approximately $1,001,461.50. This trade represents a 12.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 10.74% of the company’s stock.

Zeta Global Price Performance

ZETA stock opened at $18.98 on Monday. Zeta Global Holdings Corp. has a 1 year low of $13.74 and a 1 year high of $25.95. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.07 and a quick ratio of 2.07. The firm has a market capitalization of $4.73 billion, a PE ratio of -172.50, a price-to-earnings-growth ratio of 2.81 and a beta of 1.34. The business has a 50 day simple moving average of $19.07 and a 200-day simple moving average of $18.56.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. B. Riley Financial restated a “buy” rating on shares of Zeta Global in a research report on Friday, May 1st. Weiss Ratings restated a “sell (d-)” rating on shares of Zeta Global in a research report on Monday, April 20th. Royal Bank Of Canada lifted their price target on Zeta Global from $27.00 to $29.00 and gave the stock an “outperform” rating in a research note on Friday, May 1st. DA Davidson reiterated a “buy” rating and set a $30.00 price target on shares of Zeta Global in a research report on Wednesday, June 24th. Finally, Bank of America increased their price objective on Zeta Global from $24.00 to $28.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Ten investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $28.33.

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.