Toronto Dominion Bank Takes Position in Zeta Global Holdings Corp. (NYSE:ZETA)

Toronto Dominion Bank acquired a new stake in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 75,100 shares of the company's stock, valued at approximately $1,351,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. grew its position in shares of Zeta Global by 2.3% in the 4th quarter. Vanguard Group Inc. now owns 22,177,591 shares of the company's stock valued at $398,975,000 after purchasing an additional 489,499 shares during the period. Renaissance Technologies LLC increased its holdings in Zeta Global by 98.8% during the 4th quarter. Renaissance Technologies LLC now owns 4,719,762 shares of the company's stock worth $84,909,000 after purchasing an additional 2,345,562 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Zeta Global by 7.2% in the 4th quarter. Geode Capital Management LLC now owns 4,573,271 shares of the company's stock valued at $82,470,000 after purchasing an additional 306,592 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Zeta Global by 119.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 4,129,255 shares of the company's stock valued at $74,285,000 after purchasing an additional 2,244,953 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. bought a new stake in shares of Zeta Global in the fourth quarter valued at about $51,042,000. 87.75% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on ZETA shares. DA Davidson dropped their target price on Zeta Global from $42.00 to $25.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Truist Financial cut their price target on Zeta Global from $42.00 to $34.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. Needham & Company LLC decreased their price objective on shares of Zeta Global from $43.00 to $25.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. B. Riley cut 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. Finally, William Blair reiterated an "outperform" rating on shares of Zeta Global in a research note on Wednesday, February 26th. Four analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $30.36.

Zeta Global Trading Up 3.7%

ZETA traded up $0.49 during trading on Tuesday, hitting $13.58. The company's stock had a trading volume of 3,438,997 shares, compared to its average volume of 5,349,073. The firm has a market capitalization of $3.20 billion, a P/E ratio of -19.40, a PEG ratio of 1.65 and a beta of 1.29. Zeta Global Holdings Corp. has a twelve month low of $10.69 and a twelve month high of $38.20. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41. The stock's fifty day moving average price is $13.18 and its 200-day moving average price is $17.39.

Zeta Global 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.