Price T Rowe Associates Inc. MD Has $6.70 Million Position in Zeta Global Holdings Corp. (NYSE:ZETA)

Price T Rowe Associates Inc. MD trimmed its holdings in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 91.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 372,133 shares of the company's stock after selling 3,892,599 shares during the period. Price T Rowe Associates Inc. MD owned 0.16% of Zeta Global worth $6,696,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Barclays PLC raised its holdings in shares of Zeta Global by 36.4% during the third quarter. Barclays PLC now owns 420,518 shares of the company's stock valued at $12,544,000 after buying an additional 112,238 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Zeta Global in the 3rd quarter worth $757,000. Franklin Resources Inc. boosted its stake in Zeta Global by 86.0% during the third quarter. Franklin Resources Inc. now owns 128,269 shares of the company's stock valued at $3,984,000 after buying an additional 59,311 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Zeta Global by 31.0% during the third quarter. JPMorgan Chase & Co. now owns 1,240,872 shares of the company's stock valued at $37,015,000 after buying an additional 293,583 shares in the last quarter. Finally, Nordea Investment Management AB bought a new stake in Zeta Global in the fourth quarter worth about $2,444,000. 87.75% of the stock is currently owned by institutional investors.

Zeta Global Stock Performance

Shares of ZETA stock traded up $0.02 during mid-day trading on Friday, reaching $13.33. The stock had a trading volume of 1,158,547 shares, compared to its average volume of 5,306,613. The firm has a market cap of $3.17 billion, a PE ratio of -19.04, a P/E/G ratio of 1.65 and a beta of 1.29. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41. Zeta Global Holdings Corp. has a one year low of $10.69 and a one year high of $38.20. The firm's 50 day simple moving average is $13.46 and its 200 day simple moving average is $18.79.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. DA Davidson decreased 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 reduced their price target on shares of Zeta Global from $42.00 to $34.00 and set a "buy" rating for the company in a research report on Wednesday, April 16th. Needham & Company LLC lowered their price objective on shares of Zeta Global from $43.00 to $25.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Canaccord Genuity Group reduced their target price on Zeta Global from $28.00 to $26.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Finally, The Goldman Sachs Group dropped their price target on Zeta Global from $27.00 to $16.00 and set a "neutral" rating on the stock in a research report on Monday. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $30.36.

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.