Northern Trust Corp Purchases 281,251 Shares of Zeta Global Holdings Corp. (NYSE:ZETA)

Northern Trust Corp boosted its holdings 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 & Exchange Commission. The institutional investor owned 2,041,040 shares of the company's stock after purchasing an additional 281,251 shares during the quarter. Northern Trust Corp owned 0.86% of Zeta Global worth $36,718,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Optiver Holding B.V. increased its holdings in Zeta Global by 60.9% in the 4th 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 period. Rakuten Securities Inc. bought a new stake in Zeta Global during the fourth quarter worth $27,000. Coppell Advisory Solutions LLC increased its stake in shares of Zeta Global by 244.1% in the 4th quarter. Coppell Advisory Solutions LLC now owns 1,693 shares of the company's stock valued at $31,000 after purchasing an additional 1,201 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Zeta Global during the 4th quarter worth $33,000. Finally, Heck Capital Advisors LLC acquired a new position in shares of Zeta Global during the 4th quarter worth $66,000. Institutional investors and hedge funds own 87.75% of the company's stock.

Wall Street Analyst Weigh In

ZETA has been the topic of several research analyst reports. B. Riley decreased their target price on Zeta Global from $44.00 to $29.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Needham & Company LLC dropped their price objective on shares of Zeta Global from $43.00 to $25.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. The Goldman Sachs Group cut their target price on shares of Zeta Global from $27.00 to $16.00 and set a "neutral" rating on the stock in a research report on Monday, May 5th. William Blair reiterated an "outperform" rating on shares of Zeta Global in a report on Wednesday, February 26th. Finally, Royal Bank of Canada dropped their price target on Zeta Global from $40.00 to $30.00 and set an "outperform" rating for the company in a research note on Monday, April 28th. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $30.36.

Zeta Global Trading Up 4.1%

NYSE ZETA traded up $0.59 during trading hours on Tuesday, hitting $14.91. 4,006,815 shares of the company's stock were exchanged, compared to its average volume of 5,338,399. Zeta Global Holdings Corp. has a 1-year low of $10.69 and a 1-year high of $38.20. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41. The stock has a 50-day simple moving average of $13.33 and a 200 day simple moving average of $18.51. The firm has a market cap of $3.54 billion, a price-to-earnings ratio of -21.30, a PEG ratio of 1.65 and a beta of 1.29.

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.