Moody National Bank Trust Division Acquires 19,734 Shares of Zeta Global Holdings Corp. (NYSE:ZETA)

Moody National Bank Trust Division boosted its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 46.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund 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.

A number of other institutional investors and hedge funds have also bought and sold shares of ZETA. Barclays PLC raised its position in Zeta Global by 36.4% in the 3rd quarter. Barclays PLC now owns 420,518 shares of the company's stock worth $12,544,000 after buying an additional 112,238 shares during the last quarter. Janney Montgomery Scott LLC grew 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 acquiring an additional 56,910 shares during the period. Blue Trust Inc. raised its holdings in shares of Zeta Global by 10.1% during the fourth quarter. Blue Trust Inc. now owns 22,931 shares of the company's stock valued at $413,000 after purchasing an additional 2,100 shares during the last quarter. KBC Group NV raised its holdings in shares of Zeta Global by 102.3% during the fourth quarter. KBC Group NV now owns 9,680 shares of the company's stock valued at $174,000 after purchasing an additional 4,896 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. bought a new position in Zeta Global during the fourth quarter valued at approximately $307,000. 87.75% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have weighed in on ZETA shares. B. Riley decreased their target price on shares of Zeta Global from $44.00 to $29.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Royal Bank of Canada cut their price objective on Zeta Global from $40.00 to $30.00 and set an "outperform" rating for the company in a report on Monday, April 28th. William Blair reiterated an "outperform" rating on shares of Zeta Global in a research report on Wednesday, February 26th. Canaccord Genuity Group dropped their target price on Zeta Global from $28.00 to $26.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Finally, Needham & Company LLC lowered their price objective on shares of Zeta Global from $43.00 to $25.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to MarketBeat.com, Zeta Global has a consensus rating of "Moderate Buy" and an average price target of $30.36.

Zeta Global Price Performance

Shares of ZETA traded down $0.01 during mid-day trading on Wednesday, reaching $13.16. The stock had a trading volume of 1,041,590 shares, compared to its average volume of 5,368,024. The business has a fifty day moving average of $12.97 and a 200 day moving average of $17.00. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32. The firm has a market cap of $3.10 billion, a price-to-earnings ratio of -18.80, a PEG ratio of 1.65 and a beta of 1.29. Zeta Global Holdings Corp. has a 12 month low of $10.69 and a 12 month high of $38.20.

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.