Bwcp LP Purchases 271,708 Shares of Zeta Global Holdings Corp. (NYSE:ZETA)

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

A number of other large investors also recently bought and sold shares of ZETA. JPMorgan Chase & Co. raised its holdings in Zeta Global by 31.0% in the third quarter. JPMorgan Chase & Co. now owns 1,240,872 shares of the company's stock worth $37,015,000 after buying an additional 293,583 shares during the last quarter. Hodges Capital Management Inc. raised its holdings in Zeta Global by 163.1% in the 4th quarter. Hodges Capital Management Inc. now owns 433,473 shares of the company's stock worth $7,798,000 after acquiring an additional 268,710 shares during the last quarter. Barclays PLC increased its holdings in shares of Zeta Global by 36.4% in the 3rd quarter. Barclays PLC now owns 420,518 shares of the company's stock worth $12,544,000 after purchasing an additional 112,238 shares in the last quarter. Nordea Investment Management AB purchased a new position in shares of Zeta Global in the fourth quarter worth $2,444,000. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Zeta Global by 273.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 77,745 shares of the company's stock valued at $1,399,000 after purchasing an additional 56,910 shares in the last quarter. 87.75% of the stock is owned by hedge funds and other institutional investors.

Zeta Global Price Performance

NYSE:ZETA traded down $0.31 during trading hours on Tuesday, reaching $13.14. The stock had a trading volume of 3,663,490 shares, compared to its average volume of 5,334,056. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32. The stock has a market capitalization of $3.12 billion, a PE ratio of -18.76, a PEG ratio of 1.65 and a beta of 1.29. Zeta Global Holdings Corp. has a 52 week low of $10.69 and a 52 week high of $38.20. The company has a 50 day moving average price of $13.67 and a two-hundred day moving average price of $18.97.

Analyst Upgrades and Downgrades

ZETA has been the subject of several research reports. Needham & Company LLC decreased their price objective on shares of Zeta Global from $43.00 to $25.00 and set a "buy" rating for the company in a report on Friday. B. Riley cut their price objective on Zeta Global from $44.00 to $29.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Royal Bank of Canada reduced their price objective on Zeta Global from $40.00 to $30.00 and set an "outperform" rating for the company in a research report on Monday, April 28th. Truist Financial cut their price target on Zeta Global from $42.00 to $34.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Finally, William Blair reiterated an "outperform" rating on shares of Zeta Global in a research note on Wednesday, February 26th. Four research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target 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.