Teacher Retirement System of Texas Buys New Position in Zeta Global Holdings Corp. (NYSE:ZETA)

Teacher Retirement System of Texas bought a new position in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 26,528 shares of the company's stock, valued at approximately $360,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Optiver Holding B.V. increased its position in shares of Zeta Global by 60.9% during the 4th quarter. Optiver Holding B.V. now owns 1,406 shares of the company's stock worth $25,000 after purchasing an additional 532 shares during the last quarter. Bartlett & CO. Wealth Management LLC bought a new position in shares of Zeta Global during the 1st quarter valued at $27,000. Coppell Advisory Solutions LLC lifted its position in shares of Zeta Global by 244.1% in the fourth quarter. Coppell Advisory Solutions LLC now owns 1,693 shares of the company's stock valued at $31,000 after acquiring an additional 1,201 shares in the last quarter. Point72 Hong Kong Ltd purchased a new stake in Zeta Global during the fourth quarter valued at approximately $33,000. Finally, Heck Capital Advisors LLC bought a new position in shares of Zeta Global during the fourth quarter valued at approximately $66,000. Institutional investors own 87.75% of the company's stock.

Zeta Global Trading Down 1.8%

ZETA stock traded down $0.28 during midday trading on Friday, hitting $15.62. The stock had a trading volume of 10,167,515 shares, compared to its average volume of 6,258,713. The firm has a market cap of $3.68 billion, a P/E ratio of -53.86, a price-to-earnings-growth ratio of 34.33 and a beta of 1.29. The company has a current ratio of 3.33, a quick ratio of 3.33 and a debt-to-equity ratio of 0.29. Zeta Global Holdings Corp. has a 1-year low of $10.69 and a 1-year high of $38.20. The business has a fifty day moving average price of $14.10 and a two-hundred day moving average price of $15.47.

Analyst Ratings Changes

Several brokerages have weighed in on ZETA. Needham & Company LLC cut their price target on Zeta Global from $43.00 to $25.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Morgan Stanley decreased their target price on shares of Zeta Global from $25.00 to $15.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. Royal Bank Of Canada reduced their target price on shares of Zeta Global from $40.00 to $30.00 and set an "outperform" rating for the company in a research note on Monday, April 28th. Truist Financial cut their price target on shares of Zeta Global from $42.00 to $34.00 and set a "buy" rating on the stock in a report on Wednesday, April 16th. Finally, DA Davidson decreased their price objective on shares of Zeta Global from $42.00 to $25.00 and set a "buy" rating for the company in a report on Monday, April 14th. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $30.36.

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.