Zeta Global Holdings Corp. (NYSE:ZETA) Shares Bought by AQR Capital Management LLC

AQR Capital Management LLC boosted its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 190.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 423,716 shares of the company's stock after buying an additional 277,795 shares during the period. AQR Capital Management LLC owned approximately 0.18% of Zeta Global worth $7,623,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Optiver Holding B.V. raised its position in shares of Zeta Global by 60.9% in the fourth quarter. Optiver Holding B.V. now owns 1,406 shares of the company's stock worth $25,000 after buying an additional 532 shares in the last quarter. Rakuten Securities Inc. purchased a new stake in shares of Zeta Global in the fourth quarter worth about $27,000. Coppell Advisory Solutions LLC lifted its position in shares of Zeta Global by 244.1% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,693 shares of the company's stock worth $31,000 after purchasing an additional 1,201 shares during the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of Zeta Global in the 4th quarter valued at about $33,000. Finally, Heck Capital Advisors LLC purchased a new stake in Zeta Global during the 4th quarter valued at about $66,000. 87.75% of the stock is owned by institutional investors.

Zeta Global Price Performance

NYSE ZETA traded up $0.64 during trading on Monday, hitting $13.99. 1,356,395 shares of the stock traded hands, compared to its average volume of 5,313,812. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41. Zeta Global Holdings Corp. has a 12-month low of $10.69 and a 12-month high of $38.20. The company has a market capitalization of $3.32 billion, a P/E ratio of -19.91, a price-to-earnings-growth ratio of 1.65 and a beta of 1.29. The firm has a 50-day simple moving average of $13.39 and a 200-day simple moving average of $18.60.

Analyst Upgrades and Downgrades

Several equities analysts have commented on ZETA shares. William Blair reissued an "outperform" rating on shares of Zeta Global in a research report on Wednesday, February 26th. Canaccord Genuity Group cut their target price on Zeta Global from $28.00 to $26.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. The Goldman Sachs Group decreased their target price on shares of Zeta Global from $27.00 to $16.00 and set a "neutral" rating for the company in a research report on Monday, May 5th. Needham & Company LLC dropped their target price on Zeta Global from $43.00 to $25.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. Finally, Barclays lowered their price target on Zeta Global from $32.00 to $18.00 and set an "equal weight" rating on the stock in a research report on Thursday, February 27th. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $30.36.

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.