Capital World Investors Increases Stock Holdings in Zeta Global Holdings Corp. $ZETA

Capital World Investors lifted its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 0.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,013,776 shares of the company’s stock after buying an additional 33,923 shares during the quarter. Capital World Investors owned 2.08% of Zeta Global worth $102,030,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Cornerstone Planning Group LLC raised its holdings in shares of Zeta Global by 3,150.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 1,300 shares of the company’s stock valued at $26,000 after buying an additional 1,260 shares during the period. United Community Bank purchased a new stake in shares of Zeta Global during the 4th quarter valued at about $31,000. Binnacle Investments Inc purchased a new stake in Zeta Global during the 3rd quarter worth approximately $30,000. National Bank of Canada FI increased its holdings in Zeta Global by 223.1% during the 3rd quarter. National Bank of Canada FI now owns 1,835 shares of the company’s stock worth $36,000 after purchasing an additional 1,267 shares during the last quarter. Finally, Optiver Holding B.V. increased its holdings in Zeta Global by 97.1% during the 3rd quarter. Optiver Holding B.V. now owns 2,940 shares of the company’s stock worth $58,000 after purchasing an additional 1,448 shares during the last quarter. 87.75% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. DA Davidson lifted 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. Wall Street Zen downgraded Zeta Global from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Royal Bank Of Canada lifted their price objective on Zeta Global from $27.00 to $29.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. Weiss Ratings restated a “sell (d-)” rating on shares of Zeta Global in a report on Monday, April 20th. Finally, KeyCorp upgraded Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 price objective on the stock in a report on Tuesday, April 28th. Ten research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $27.83.

Zeta Global Price Performance

Shares of ZETA opened at $21.13 on Wednesday. The firm has a market cap of $5.27 billion, a price-to-earnings ratio of -192.10, a PEG ratio of 3.39 and a beta of 1.34. The stock has a 50 day moving average of $18.17 and a 200-day moving average of $18.45. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.22. Zeta Global Holdings Corp. has a 52 week low of $12.10 and a 52 week high of $25.95.

Zeta Global 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.