Nuveen LLC Takes $28.15 Million Position in Zeta Global Holdings Corp. $ZETA

Nuveen LLC purchased a new stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,076,073 shares of the company's stock, valued at approximately $28,152,000. Nuveen LLC owned about 0.87% of Zeta Global as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Yong Rong HK Asset Management Ltd acquired a new stake in shares of Zeta Global in the first quarter valued at approximately $38,748,000. Jacobs Levy Equity Management Inc. bought a new position in shares of Zeta Global during the fourth quarter worth approximately $51,042,000. Two Sigma Advisers LP bought a new position in shares of Zeta Global during the fourth quarter worth approximately $32,571,000. Two Sigma Investments LP increased its stake in shares of Zeta Global by 1,240.8% during the fourth quarter. Two Sigma Investments LP now owns 1,847,443 shares of the company's stock worth $33,236,000 after purchasing an additional 1,709,654 shares during the period. Finally, Man Group plc bought a new position in shares of Zeta Global during the fourth quarter worth approximately $28,011,000. 87.75% of the stock is owned by institutional investors and hedge funds.

Zeta Global Trading Up 0.5%

ZETA traded up $0.0880 during trading on Thursday, reaching $18.2580. 3,912,217 shares of the company's stock were exchanged, compared to its average volume of 7,018,703. Zeta Global Holdings Corp. has a one year low of $10.69 and a one year high of $38.20. The company has a current ratio of 3.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $4.35 billion, a PE ratio of -96.24 and a beta of 1.28. The firm has a fifty day moving average price of $15.80 and a two-hundred day moving average price of $15.32.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on ZETA shares. 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. Canaccord Genuity Group boosted their target price on shares of Zeta Global from $26.00 to $28.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. The Goldman Sachs Group increased their price target on shares of Zeta Global from $16.00 to $18.00 and gave the stock a "neutral" rating in a research report on Thursday, August 7th. Morgan Stanley boosted their price objective on shares of Zeta Global from $15.00 to $20.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 6th. Finally, Royal Bank Of Canada reduced their target price on Zeta Global from $40.00 to $30.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. Eleven analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $30.14.

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.