Brevan Howard Capital Management LP Invests $4.17 Million in Zeta Global Holdings Corp. (NYSE:ZETA)

Brevan Howard Capital Management LP acquired a new stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 231,719 shares of the company's stock, valued at approximately $4,169,000. Brevan Howard Capital Management LP owned 0.10% of Zeta Global at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Optiver Holding B.V. boosted its stake in Zeta Global by 60.9% in the 4th quarter. Optiver Holding B.V. now owns 1,406 shares of the company's stock worth $25,000 after purchasing an additional 532 shares in the last quarter. Rakuten Securities Inc. bought a new stake in shares of Zeta Global during the fourth quarter valued at approximately $27,000. Coppell Advisory Solutions LLC raised its holdings in Zeta Global by 244.1% in the 4th quarter. Coppell Advisory Solutions LLC now owns 1,693 shares of the company's stock worth $31,000 after acquiring an additional 1,201 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in Zeta Global in the 4th quarter valued at approximately $33,000. Finally, Heck Capital Advisors LLC bought a new stake in shares of Zeta Global in the 4th quarter worth $66,000. Institutional investors own 87.75% of the company's stock.

Zeta Global Trading Up 0.3 %

ZETA stock traded up $0.04 during midday trading on Friday, reaching $13.35. 2,886,063 shares of the company traded hands, compared to its average volume of 5,320,984. The firm has a market capitalization of $3.17 billion, a price-to-earnings ratio of -19.07, a P/E/G ratio of 1.65 and a beta of 1.29. Zeta Global Holdings Corp. has a 52-week low of $10.69 and a 52-week high of $38.20. The business has a 50 day moving average of $13.39 and a 200-day moving average of $18.70. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on ZETA shares. DA Davidson decreased their target price on Zeta Global from $42.00 to $25.00 and set a "buy" rating for the company in a research report on Monday, April 14th. William Blair reissued an "outperform" rating on shares of Zeta Global in a report on Wednesday, February 26th. B. Riley reduced their price objective on Zeta Global from $44.00 to $29.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Barclays cut 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. Finally, Needham & Company LLC decreased their price objective on shares of Zeta Global from $43.00 to $25.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $30.36.

About Zeta Global

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.