Dimensional Fund Advisors LP Buys 539,658 Shares of Zeta Global Holdings Corp. (NYSE:ZETA)

Dimensional Fund Advisors LP raised its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 708.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 615,810 shares of the company's stock after purchasing an additional 539,658 shares during the period. Dimensional Fund Advisors LP owned 0.26% of Zeta Global worth $11,079,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of ZETA. Rakuten Securities Inc. acquired a new position in Zeta Global in the fourth quarter valued at about $27,000. SBI Securities Co. Ltd. bought a new stake in Zeta Global during the 4th quarter worth approximately $33,000. Heck Capital Advisors LLC acquired a new stake in Zeta Global during the 4th quarter valued at $66,000. IFP Advisors Inc bought a new position in Zeta Global in the 4th quarter valued at $72,000. Finally, Transcendent Capital Group LLC acquired a new position in Zeta Global in the fourth quarter worth $87,000. Institutional investors own 87.75% of the company's stock.

Zeta Global Trading Down 3.6%

Zeta Global stock traded down $0.53 during mid-day trading on Thursday, hitting $14.07. 1,569,481 shares of the company's stock were exchanged, compared to its average volume of 5,325,989. The company's 50 day simple moving average is $13.28 and its 200-day simple moving average is $18.46. 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 firm has a market capitalization of $3.34 billion, a P/E ratio of -20.12, a PEG ratio of 1.65 and a beta of 1.29. Zeta Global Holdings Corp. has a fifty-two week low of $10.69 and a fifty-two week high of $38.20.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. William Blair reaffirmed an "outperform" rating on shares of Zeta Global in a report on Wednesday, February 26th. Morgan Stanley decreased 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 note on Wednesday, April 16th. B. Riley decreased their price objective on Zeta Global from $44.00 to $29.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Barclays decreased their price target on Zeta Global from $32.00 to $18.00 and set an "equal weight" rating on the stock in a report on Thursday, February 27th. Finally, Needham & Company LLC dropped their price objective on Zeta Global from $43.00 to $25.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price 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.