1,526 Shares in Zeta Global Holdings Corp. (NYSE:ZETA) Bought by Rakuten Securities Inc.

Rakuten Securities Inc. purchased a new position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) during the 4th quarter, Holdings Channel.com reports. The fund purchased 1,526 shares of the company’s stock, valued at approximately $27,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in Zeta Global by 31.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,240,872 shares of the company’s stock worth $37,015,000 after acquiring an additional 293,583 shares in the last quarter. Hodges Capital Management Inc. grew its holdings in Zeta Global by 163.1% during 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 in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Zeta Global by 31.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,742,555 shares of the company’s stock worth $51,980,000 after acquiring an additional 413,577 shares in the last quarter. Empowered Funds LLC acquired a new position in Zeta Global during the 3rd quarter worth $5,644,000. Finally, Qsemble Capital Management LP acquired a new position in Zeta Global during the 3rd quarter worth $1,752,000. Hedge funds and other institutional investors own 87.75% of the company’s stock.

Zeta Global Stock Down 5.9 %

ZETA stock opened at $13.69 on Friday. Zeta Global Holdings Corp. has a 52 week low of $10.13 and a 52 week high of $38.20. The company has a market capitalization of $3.25 billion, a price-to-earnings ratio of -19.55, a price-to-earnings-growth ratio of 1.65 and a beta of 1.18. The firm’s 50-day moving average is $18.80 and its two-hundred day moving average is $23.18. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41.

Wall Street Analysts Forecast Growth

ZETA has been the subject of several recent analyst reports. Needham & Company LLC reissued a “buy” rating and set a $43.00 price objective on shares of Zeta Global in a report on Wednesday, February 26th. Royal Bank of Canada decreased their price target on shares of Zeta Global from $43.00 to $40.00 and set an “outperform” rating for the company in a report on Friday, January 3rd. Barclays decreased their price target on shares of Zeta Global from $32.00 to $18.00 and set an “equal weight” rating for the company in a report on Thursday, February 27th. William Blair reaffirmed an “outperform” rating on shares of Zeta Global in a report on Wednesday, February 26th. Finally, KeyCorp lowered shares of Zeta Global from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 14th. Four research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Zeta Global currently has a consensus rating of “Moderate Buy” and an average price target of $36.86.

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.