Oxford Asset Management LLP Buys New Holdings in Zeta Global Holdings Corp. (NYSE:ZETA)

Oxford Asset Management LLP bought a new position in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 28,687 shares of the company's stock, valued at approximately $516,000.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in Zeta Global by 2.3% during the fourth quarter. Vanguard Group Inc. now owns 22,177,591 shares of the company's stock worth $398,975,000 after acquiring an additional 489,499 shares during the last quarter. Lord Abbett & CO. LLC increased its stake in Zeta Global by 85.0% during the third quarter. Lord Abbett & CO. LLC now owns 5,710,081 shares of the company's stock worth $170,332,000 after acquiring an additional 2,623,980 shares during the last quarter. Renaissance Technologies LLC increased its stake in Zeta Global by 98.8% during the fourth quarter. Renaissance Technologies LLC now owns 4,719,762 shares of the company's stock worth $84,909,000 after acquiring an additional 2,345,562 shares during the last quarter. Geode Capital Management LLC increased its stake in Zeta Global by 7.2% during the fourth quarter. Geode Capital Management LLC now owns 4,573,271 shares of the company's stock worth $82,470,000 after acquiring an additional 306,592 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in Zeta Global by 119.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 4,129,255 shares of the company's stock worth $74,285,000 after acquiring an additional 2,244,953 shares during the last quarter. 87.75% of the stock is currently owned by hedge funds and other institutional investors.

Zeta Global Stock Up 4.0 %

Shares of NYSE:ZETA traded up $0.52 on Thursday, reaching $13.58. The company had a trading volume of 7,995,049 shares, compared to its average volume of 5,275,929. Zeta Global Holdings Corp. has a 52-week low of $10.69 and a 52-week high of $38.20. The firm's 50 day simple moving average is $14.06 and its 200-day simple moving average is $19.47. The firm has a market capitalization of $3.23 billion, a PE ratio of -19.40, a PEG ratio of 1.65 and a beta of 1.29. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41.

Zeta Global (NYSE:ZETA - Get Free Report) last announced its earnings results on Thursday, May 1st. The company reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of $0.12 by ($0.21). Zeta Global had a negative return on equity of 45.22% and a negative net margin of 13.35%. As a group, analysts expect that Zeta Global Holdings Corp. will post -0.16 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on ZETA shares. 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. The Goldman Sachs Group cut their target price on Zeta Global from $30.00 to $27.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 4th. William Blair reaffirmed an "outperform" rating on shares of Zeta Global in a research note on Wednesday, February 26th. Needham & Company LLC reaffirmed a "buy" rating and set a $43.00 target price on shares of Zeta Global in a research note on Wednesday, February 26th. Finally, Truist Financial cut their target price on Zeta Global from $42.00 to $34.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. Four equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $32.57.

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.