BNP Paribas Financial Markets Takes $11.36 Million Position in Zeta Global Holdings Corp. (NYSE:ZETA)

BNP Paribas Financial Markets purchased a new position in 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. The fund purchased 631,530 shares of the company's stock, valued at approximately $11,361,000. BNP Paribas Financial Markets owned approximately 0.27% of Zeta Global as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in ZETA. Hodges Capital Management Inc. increased its position in shares of Zeta Global by 163.1% during the fourth quarter. Hodges Capital Management Inc. now owns 433,473 shares of the company's stock worth $7,798,000 after purchasing an additional 268,710 shares in the last quarter. Barclays PLC grew its holdings in shares of Zeta Global by 36.4% during the third quarter. Barclays PLC now owns 420,518 shares of the company's stock worth $12,544,000 after buying an additional 112,238 shares in the last quarter. Nordea Investment Management AB acquired a new stake in shares of Zeta Global in the fourth quarter valued at about $2,444,000. Janney Montgomery Scott LLC lifted its stake in shares of Zeta Global by 273.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 77,745 shares of the company's stock worth $1,399,000 after buying an additional 56,910 shares in the last quarter. Finally, Janney Capital Management LLC acquired a new position in Zeta Global during the fourth quarter worth about $355,000. 87.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ZETA. Royal Bank of Canada decreased their target price on shares of Zeta Global from $40.00 to $30.00 and set an "outperform" rating on the stock in a research note on Monday, April 28th. The Goldman Sachs Group reduced their price objective on Zeta Global from $27.00 to $16.00 and set a "neutral" rating on the stock in a research report on Monday, May 5th. William Blair reaffirmed an "outperform" rating on shares of Zeta Global in a research note on Wednesday, February 26th. Morgan Stanley lowered their price target on shares of Zeta Global from $25.00 to $15.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. Finally, Barclays cut their price objective on shares of Zeta Global from $32.00 to $18.00 and set an "equal weight" rating for the company in a research report on Thursday, February 27th. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $30.36.

Zeta Global Trading Up 0.3 %

ZETA opened at $13.35 on Friday. Zeta Global Holdings Corp. has a 52 week low of $10.69 and a 52 week high of $38.20. 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 $13.39 and a 200-day simple moving average of $18.65. The firm has a market cap of $3.17 billion, a P/E ratio of -19.07, a P/E/G ratio of 1.65 and a beta of 1.29.

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.

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