Blueshift Asset Management LLC Purchases Shares of 39,524 Zeta Global Holdings Corp. (NYSE:ZETA)

Blueshift Asset Management LLC purchased a new stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 39,524 shares of the company’s stock, valued at approximately $711,000.

Several other institutional investors have also added to or reduced their stakes in the company. Rakuten Securities Inc. bought a new stake in shares of Zeta Global in the 4th quarter valued at approximately $27,000. SBI Securities Co. Ltd. bought a new stake in shares of Zeta Global in the 4th quarter valued at approximately $33,000. Advisors Asset Management Inc. lifted its stake in shares of Zeta Global by 104.1% in the 3rd quarter. Advisors Asset Management Inc. now owns 2,227 shares of the company’s stock valued at $66,000 after purchasing an additional 1,136 shares during the last quarter. Heck Capital Advisors LLC bought a new stake in shares of Zeta Global in the 4th quarter valued at approximately $66,000. Finally, IFP Advisors Inc bought a new stake in shares of Zeta Global in the 4th quarter valued at approximately $72,000. Hedge funds and other institutional investors own 87.75% of the company’s stock.

Zeta Global Trading Up 3.8 %

Shares of NYSE ZETA opened at $14.39 on Thursday. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41. The business has a fifty day simple moving average of $18.45 and a two-hundred day simple moving average of $22.85. The firm has a market cap of $3.42 billion, a PE ratio of -20.56, a price-to-earnings-growth ratio of 1.65 and a beta of 1.18. Zeta Global Holdings Corp. has a twelve month low of $10.30 and a twelve month high of $38.20.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on ZETA shares. Barclays lowered their price objective on Zeta Global from $32.00 to $18.00 and set an “equal weight” rating for the company in a research note on Thursday, February 27th. Royal Bank of Canada lowered their price objective on Zeta Global from $43.00 to $40.00 and set an “outperform” rating for the company in a research note on Friday, January 3rd. B. Riley reaffirmed a “buy” rating and issued a $44.00 price objective on shares of Zeta Global in a research note on Wednesday, February 26th. Morgan Stanley raised their price target on Zeta Global from $23.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 26th. Finally, The Goldman Sachs Group decreased their price target on Zeta Global from $30.00 to $27.00 and set a “neutral” rating for the company in a research note on Tuesday, March 4th. Four analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $36.86.

Zeta Global Company Profile

Zeta Global Holdings Corp. operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally. The company’s Zeta Marketing Platform analyzes billions of structured and unstructured data points to predict consumer intent by leveraging sophisticated machine learning algorithms and the industry’s opted-in data set for omnichannel marketing; and Consumer Data platform ingests, analyzes, and distills disparate data points to generate a single view of a consumer, encompassing identity, profile characteristics, behaviors, and purchase intent.