Zeta Global Holdings Corp. (NYSE:ZETA) Shares Bought by Moody National Bank Trust Division

Moody National Bank Trust Division grew its holdings in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 46.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 61,981 shares of the company's stock after purchasing an additional 19,734 shares during the quarter. Moody National Bank Trust Division's holdings in Zeta Global were worth $840,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Wellington Management Group LLP purchased a new position in shares of Zeta Global in the fourth quarter valued at approximately $6,614,000. California State Teachers Retirement System lifted its stake in Zeta Global by 16.6% in the fourth quarter. California State Teachers Retirement System now owns 179,383 shares of the company's stock worth $3,227,000 after acquiring an additional 25,556 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in Zeta Global in the fourth quarter worth approximately $212,000. Heck Capital Advisors LLC purchased a new position in Zeta Global in the fourth quarter worth approximately $66,000. Finally, Mackenzie Financial Corp lifted its stake in Zeta Global by 294.3% in the fourth quarter. Mackenzie Financial Corp now owns 170,552 shares of the company's stock worth $3,068,000 after acquiring an additional 127,301 shares during the last quarter. Hedge funds and other institutional investors own 87.75% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. The Goldman Sachs Group decreased their price target on shares of Zeta Global from $27.00 to $16.00 and set a "neutral" rating for the company in a research note on Monday, May 5th. Canaccord Genuity Group decreased their price target on shares of Zeta Global from $28.00 to $26.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Barclays reduced 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. B. Riley reduced their price objective on shares of Zeta Global from $44.00 to $29.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Finally, Morgan Stanley reduced their price objective on shares of Zeta Global from $25.00 to $15.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 16th. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $30.36.

Zeta Global Stock Performance

ZETA stock traded up $0.07 on Friday, hitting $13.16. The company's stock had a trading volume of 4,402,764 shares, compared to its average volume of 5,374,057. The firm has a 50 day moving average of $13.04 and a two-hundred day moving average of $17.06. Zeta Global Holdings Corp. has a 1 year low of $10.69 and a 1 year high of $38.20. The stock has a market cap of $3.10 billion, a price-to-earnings ratio of -18.80, a price-to-earnings-growth ratio of 1.65 and a beta of 1.29. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41.

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.