Northern Trust Corp Has $36.72 Million Stake in Zeta Global Holdings Corp. (NYSE:ZETA)

Northern Trust Corp boosted its position in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 16.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,041,040 shares of the company's stock after purchasing an additional 281,251 shares during the period. Northern Trust Corp owned about 0.86% of Zeta Global worth $36,718,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Optiver Holding B.V. raised its position in shares of Zeta Global by 60.9% during the fourth quarter. Optiver Holding B.V. now owns 1,406 shares of the company's stock valued at $25,000 after buying an additional 532 shares during the last quarter. Summit Investment Advisors Inc. increased its position in Zeta Global by 3.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 18,698 shares of the company's stock worth $336,000 after purchasing an additional 592 shares in the last quarter. Bleakley Financial Group LLC boosted its stake in shares of Zeta Global by 4.7% in the 4th quarter. Bleakley Financial Group LLC now owns 14,104 shares of the company's stock valued at $254,000 after purchasing an additional 636 shares during the last quarter. D.A. Davidson & CO. lifted its stake in shares of Zeta Global by 1.6% in the fourth quarter. D.A. Davidson & CO. now owns 64,223 shares of the company's stock valued at $1,155,000 after buying an additional 987 shares in the last quarter. Finally, First Bank & Trust increased its stake in shares of Zeta Global by 10.6% in the fourth quarter. First Bank & Trust now owns 11,276 shares of the company's stock worth $203,000 after purchasing an additional 1,083 shares in the last quarter. Institutional investors and hedge funds own 87.75% of the company's stock.

Zeta Global Stock Performance

ZETA traded down $0.58 during trading on Thursday, hitting $14.01. The stock had a trading volume of 1,737,717 shares, compared to its average volume of 5,326,856. Zeta Global Holdings Corp. has a twelve month low of $10.69 and a twelve month high of $38.20. 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 company's 50-day moving average price is $13.28 and its 200 day moving average price is $18.46. The firm has a market capitalization of $3.33 billion, a P/E ratio of -20.01, a PEG ratio of 1.65 and a beta of 1.29.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. DA Davidson reduced their price objective on shares of Zeta Global from $42.00 to $25.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Barclays dropped their price target on Zeta Global from $32.00 to $18.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 27th. Canaccord Genuity Group decreased their price objective on Zeta Global from $28.00 to $26.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. B. Riley decreased their price objective on 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, 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 research report on Monday, April 28th. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $30.36.

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.