70,206 Zeta Global Holdings Corp. $ZETA Shares Bought by Moody National Bank Trust Division

Key Points

• Moody National Bank Trust Division increased its Zeta Global stake by 55.5% in the third quarter, purchasing 70,206 shares and bringing its holdings to 196,636 shares valued at approximately $6.2 million.
• Institutional investors own 87.75% of Zeta Global, while analysts maintain a “Moderate Buy” consensus with an average price target of $32.08; recent targets include $35 from Citigroup and $40 from RBC.
• Zeta Global shares recently traded at $32.94, near their 52-week high, after the company reported 43.6% year-over-year revenue growth to $442.77 million, though quarterly EPS of $0.03 missed estimates by $0.17.

Moody National Bank Trust Division lifted its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 55.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 196,636 shares of the company's stock after purchasing an additional 70,206 shares during the period. Moody National Bank Trust Division owned approximately 0.08% of Zeta Global worth $6,208,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Polaris Financial Partners acquired a new stake in shares of Zeta Global during the 3rd quarter worth approximately $56,000. Versant Capital Management Inc lifted its holdings in Zeta Global by 54.9% in the third quarter. Versant Capital Management Inc now owns 1,340 shares of the company's stock valued at $42,000 after buying an additional 475 shares during the period. Tidal Investments LLC bought a new position in Zeta Global in the second quarter valued at approximately $8,380,000. WINTON GROUP Ltd bought a new position in Zeta Global in the second quarter valued at approximately $3,480,000. Finally, Engineers Gate Manager LP grew its holdings in Zeta Global by 12.7% during the 2nd quarter. Engineers Gate Manager LP now owns 69,707 shares of the company's stock worth $1,372,000 after acquiring an additional 7,882 shares during the period. 87.75% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on ZETA shares. Wall Street Zen raised Zeta Global from a "hold" rating to a "buy" rating in a research note on Sunday, August 9th. Freedom Capital cut Zeta Global from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 6th. Citigroup boosted their target price on Zeta Global from $26.00 to $35.00 and gave the stock a "buy" rating in a research report on Tuesday, August 11th. Royal Bank Of Canada upped their price target on Zeta Global from $31.00 to $40.00 and gave the company an "outperform" rating in a research note on Monday. Finally, William Blair set a $29.00 price target on shares of Zeta Global in a research report on Thursday, August 6th. Nine analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $32.08.

Zeta Global Stock Up 0.2%

ZETA traded up $0.06 during trading on Tuesday, hitting $32.94. The company had a trading volume of 6,733,845 shares, compared to its average volume of 8,504,597. The company has a market capitalization of $8.27 billion, a PE ratio of -1,647.05, a PEG ratio of 4.60 and a beta of 1.39. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 0.21. Zeta Global Holdings Corp. has a one year low of $14.36 and a one year high of $34.80. The firm's 50-day moving average price is $28.92 and its 200 day moving average price is $22.39.

Zeta Global (NYSE:ZETA - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.17). Zeta Global had a positive return on equity of 5.32% and a negative net margin of 0.15%.The firm had revenue of $442.77 million for the quarter, compared to the consensus estimate of $420.61 million. During the same quarter last year, the company posted ($0.10) EPS. Zeta Global's revenue for the quarter was up 43.6% on a year-over-year basis. As a group, equities analysts expect that Zeta Global Holdings Corp. will post 0.21 earnings per share for the current year.

Zeta Global Company Profile

Zeta Global is a technology company that provides data-driven marketing and customer-experience solutions to brands and agencies. Its platform helps organizations acquire, grow and retain customers by combining consumer data, artificial intelligence and marketing automation across digital channels.

The company's offerings include the Zeta Marketing Platform, which supports audience discovery, campaign planning, activation, personalization and measurement. Zeta also provides data-management and analytics capabilities through its proprietary data assets, helping marketers develop customer insights and deliver coordinated campaigns across channels such as email, online advertising, connected television and other digital media.

Founded in 2007, Zeta Global serves enterprise marketers and agencies, primarily in the United States and other markets where digital advertising and customer-engagement services are in demand.

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