Schonfeld Strategic Advisors LLC Increases Holdings in Zeta Global Holdings Corp. (NYSE:ZETA)

Schonfeld Strategic Advisors LLC lifted its holdings in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 2,352.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 243,100 shares of the company's stock after purchasing an additional 233,186 shares during the quarter. Schonfeld Strategic Advisors LLC owned 0.10% of Zeta Global worth $4,373,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in Zeta Global in the fourth quarter valued at about $43,236,000. Renaissance Technologies LLC increased its position in shares of Zeta Global by 98.8% during the 4th quarter. Renaissance Technologies LLC now owns 4,719,762 shares of the company's stock valued at $84,909,000 after purchasing an additional 2,345,562 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Zeta Global by 119.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,129,255 shares of the company's stock worth $74,285,000 after buying an additional 2,244,953 shares during the period. Battery Management Corp. bought a new stake in shares of Zeta Global during the 4th quarter worth $15,954,000. Finally, Franklin Resources Inc. raised its stake in shares of Zeta Global by 586.8% during the fourth quarter. Franklin Resources Inc. now owns 880,966 shares of the company's stock valued at $15,849,000 after acquiring an additional 752,697 shares during the last quarter. 87.75% of the stock is owned by institutional investors and hedge funds.

Zeta Global Stock Down 0.0 %

ZETA stock traded down $0.00 during mid-day trading on Thursday, hitting $13.20. The stock had a trading volume of 1,727,682 shares, compared to its average volume of 5,306,529. 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 company has a fifty day moving average of $13.52 and a 200 day moving average of $18.89. The stock has a market capitalization of $3.14 billion, a price-to-earnings ratio of -18.85, a PEG ratio of 1.65 and a beta of 1.29.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Barclays dropped their price target on shares of Zeta Global from $32.00 to $18.00 and set an "equal weight" rating on the stock in a report on Thursday, February 27th. DA Davidson lowered their price objective on shares of Zeta Global from $42.00 to $25.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Truist Financial decreased their price objective on Zeta Global from $42.00 to $34.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. The Goldman Sachs Group dropped their target price on Zeta Global from $27.00 to $16.00 and set a "neutral" rating on the stock in a research report on Monday. Finally, Royal Bank of Canada lowered their price objective on Zeta Global from $40.00 to $30.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat, Zeta Global currently has an average rating of "Moderate Buy" and an average target price of $30.36.

About Zeta Global

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.