Zeta Global Holdings Corp. (NYSE:ZETA) Shares Acquired by Bwcp LP

Bwcp LP raised its position in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 26.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,295,523 shares of the company's stock after buying an additional 271,708 shares during the quarter. Zeta Global makes up approximately 5.0% of Bwcp LP's portfolio, making the stock its 7th biggest position. Bwcp LP owned approximately 0.55% of Zeta Global worth $23,306,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the company. Optiver Holding B.V. raised its stake in Zeta Global by 60.9% during the 4th quarter. Optiver Holding B.V. now owns 1,406 shares of the company's stock valued at $25,000 after acquiring an additional 532 shares during the last quarter. Rakuten Securities Inc. acquired a new position in Zeta Global in the 4th quarter valued at $27,000. Coppell Advisory Solutions LLC increased its stake in 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 buying an additional 1,201 shares during the period. SBI Securities Co. Ltd. purchased a new position in Zeta Global during the 4th quarter worth $33,000. Finally, Heck Capital Advisors LLC purchased a new stake in shares of Zeta Global in the fourth quarter valued at about $66,000. 87.75% of the stock is owned by institutional investors and hedge funds.

Zeta Global Trading Up 0.0 %

Shares of NYSE ZETA traded up $0.01 on Wednesday, reaching $13.12. 1,076,111 shares of the company traded hands, compared to its average volume of 5,327,855. The stock has a market capitalization of $3.12 billion, a PE ratio of -18.72, a P/E/G ratio of 1.65 and a beta of 1.29. Zeta Global Holdings Corp. has a fifty-two week low of $10.69 and a fifty-two week 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 50 day moving average of $13.60 and a 200 day moving average of $18.93.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on ZETA shares. Morgan Stanley dropped their price objective on Zeta Global from $25.00 to $15.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. William Blair reiterated an "outperform" rating on shares of Zeta Global in a report on Wednesday, February 26th. Canaccord Genuity Group reduced their price objective on shares of Zeta Global from $28.00 to $26.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Needham & Company LLC lowered their target price 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. Finally, The Goldman Sachs Group reduced their price target on shares of Zeta Global from $27.00 to $16.00 and set a "neutral" rating for the company in a research report on Monday. Four analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus 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.