Segall Bryant & Hamill LLC Invests $426,000 in Zeta Global Holdings Corp. (NYSE:ZETA)

Segall Bryant & Hamill LLC bought a new position in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 31,391 shares of the company's stock, valued at approximately $426,000.

A number of other hedge funds also recently made changes to their positions in the company. Proficio Capital Partners LLC bought a new stake in Zeta Global during the fourth quarter worth approximately $192,000. Swiss National Bank increased its stake in Zeta Global by 20.6% during the fourth quarter. Swiss National Bank now owns 379,500 shares of the company's stock worth $6,827,000 after acquiring an additional 64,700 shares during the last quarter. Cibc World Markets Corp bought a new stake in Zeta Global during the fourth quarter worth approximately $301,000. Xponance Inc. increased its stake in Zeta Global by 10.9% during the fourth quarter. Xponance Inc. now owns 13,897 shares of the company's stock worth $250,000 after acquiring an additional 1,365 shares during the last quarter. Finally, Atlas Wealth LLC bought a new stake in Zeta Global during the fourth quarter worth approximately $180,000. 87.75% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ZETA has been the topic of several analyst reports. Morgan Stanley reduced their price objective on Zeta Global from $25.00 to $15.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. DA Davidson reduced their price objective on Zeta Global from $42.00 to $25.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Needham & Company LLC cut their target price on Zeta Global from $43.00 to $25.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. The Goldman Sachs Group cut their target price on Zeta Global from $27.00 to $16.00 and set a "neutral" rating on the stock in a research note on Monday, May 5th. Finally, B. Riley cut their target price on Zeta Global from $44.00 to $29.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, Zeta Global currently has a consensus rating of "Moderate Buy" and an average price target of $30.36.

Zeta Global Stock Down 1.8%

Shares of NYSE:ZETA traded down $0.28 during trading on Friday, hitting $15.62. The company's stock had a trading volume of 10,167,515 shares, compared to its average volume of 6,258,713. The business has a 50 day moving average price of $14.10 and a two-hundred day moving average price of $15.47. The company has a market capitalization of $3.68 billion, a PE ratio of -53.86, a P/E/G ratio of 34.33 and a beta of 1.29. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.33 and a current ratio of 3.33. Zeta Global Holdings Corp. has a fifty-two week low of $10.69 and a fifty-two week high of $38.20.

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.