Caprock Group LLC Takes $2.88 Million Position in Zeta Global Holdings Corp. $ZETA

Key Points

• Caprock Group LLC bought a new stake of 141,338 shares in Zeta Global during Q4, valued at approximately $2.88 million and representing about 0.06% ownership.
• Zeta beat quarterly estimates with $0.28 EPS vs. $0.23 expected and revenue of $394.64 million (up 25.4% YoY), though it reported a negative net margin of 2.42%.
• Institutions own roughly 87.75% of the stock with several large funds boosting positions, and analysts' consensus is a Moderate Buy with an average price target of $29.

Caprock Group LLC bought a new stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 141,338 shares of the company's stock, valued at approximately $2,876,000. Caprock Group LLC owned 0.06% of Zeta Global as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Disciplined Growth Investors Inc. MN acquired a new stake in shares of Zeta Global during the 3rd quarter valued at about $121,502,000. Capital World Investors grew its position in shares of Zeta Global by 0.9% during the 3rd quarter. Capital World Investors now owns 4,979,853 shares of the company's stock valued at $98,950,000 after acquiring an additional 44,903 shares during the period. State Street Corp grew its position in shares of Zeta Global by 4.8% during the 2nd quarter. State Street Corp now owns 4,671,750 shares of the company's stock valued at $72,365,000 after acquiring an additional 215,932 shares during the period. Marshall Wace LLP grew its position in shares of Zeta Global by 11.0% during the 3rd quarter. Marshall Wace LLP now owns 2,973,263 shares of the company's stock valued at $59,079,000 after acquiring an additional 293,942 shares during the period. Finally, M&T Bank Corp grew its position in shares of Zeta Global by 12,545.2% during the 4th quarter. M&T Bank Corp now owns 2,233,649 shares of the company's stock valued at $45,455,000 after acquiring an additional 2,215,985 shares during the period. 87.75% of the stock is currently owned by institutional investors and hedge funds.

Zeta Global Trading Up 2.5%

Shares of Zeta Global stock opened at $17.53 on Friday. The firm has a market capitalization of $4.28 billion, a PE ratio of -116.83, a P/E/G ratio of 1.77 and a beta of 1.28. Zeta Global Holdings Corp. has a twelve month low of $12.10 and a twelve month high of $24.90. The firm's 50-day moving average price is $16.87 and its 200 day moving average price is $18.32. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.24.

Zeta Global (NYSE:ZETA - Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $0.28 earnings per share for the quarter, beating analysts' consensus estimates of $0.23 by $0.05. The firm had revenue of $394.64 million for the quarter, compared to analyst estimates of $378.09 million. Zeta Global had a negative net margin of 2.42% and a positive return on equity of 1.35%. Zeta Global's quarterly revenue was up 25.4% compared to the same quarter last year. During the same period last year, the company posted $0.06 EPS. On average, sell-side analysts predict that Zeta Global Holdings Corp. will post 0.3 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ZETA has been the topic of a number of analyst reports. Weiss Ratings restated a "sell (d-)" rating on shares of Zeta Global in a research report on Monday. Wall Street Zen raised shares of Zeta Global from a "hold" rating to a "buy" rating in a research note on Saturday, April 11th. The Goldman Sachs Group raised their price target on shares of Zeta Global from $23.00 to $26.00 and gave the company a "neutral" rating in a research note on Wednesday, January 28th. DA Davidson raised their price target on shares of Zeta Global from $29.00 to $30.00 and gave the company a "buy" rating in a research note on Thursday, February 26th. Finally, B. Riley Financial raised shares of Zeta Global to a "strong-buy" rating in a research note on Thursday, April 2nd. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $29.00.

Zeta Global Company Profile

Zeta Global, founded in 2007 and headquartered in New York City, is a leading data-driven marketing technology company. The firm's mission centers on helping brands acquire, grow and retain customers through a unified customer lifecycle management platform. Over the years, Zeta Global has built a reputation for leveraging big data and predictive analytics to power digital marketing programs across multiple channels.

At the core of Zeta's offering is the Zeta Marketing Platform, which combines identity resolution, audience insights and real-time engagement capabilities.

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