Counterpoint Mutual Funds LLC Acquires 30,867 Shares of Zeta Global Holdings Corp. (NYSE:ZETA)

Counterpoint Mutual Funds LLC boosted its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 309.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 40,851 shares of the company’s stock after buying an additional 30,867 shares during the period. Counterpoint Mutual Funds LLC’s holdings in Zeta Global were worth $735,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Rakuten Securities Inc. purchased a new stake in Zeta Global in the fourth quarter worth $27,000. SBI Securities Co. Ltd. bought a new stake in Zeta Global during the 4th quarter valued at about $33,000. Advisors Asset Management Inc. lifted its holdings in Zeta Global by 104.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 2,227 shares of the company’s stock valued at $66,000 after buying an additional 1,136 shares in the last quarter. Heck Capital Advisors LLC purchased a new stake in Zeta Global in the 4th quarter valued at about $66,000. Finally, IFP Advisors Inc bought a new position in Zeta Global in the 4th quarter worth about $72,000. 87.75% of the stock is owned by hedge funds and other institutional investors.

Zeta Global Stock Up 1.5 %

ZETA stock opened at $13.91 on Monday. The firm has a 50 day moving average of $18.70 and a 200 day moving average of $23.07. The stock has a market capitalization of $3.31 billion, a PE ratio of -19.87, a price-to-earnings-growth ratio of 1.65 and a beta of 1.18. Zeta Global Holdings Corp. has a 52 week low of $10.28 and a 52 week high of $38.20. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. The Goldman Sachs Group lowered their price target on Zeta Global from $30.00 to $27.00 and set a “neutral” rating for the company in a report on Tuesday, March 4th. Needham & Company LLC restated a “buy” rating and set a $43.00 price target on shares of Zeta Global in a research note on Wednesday, February 26th. Canaccord Genuity Group restated a “buy” rating and issued a $28.00 price objective on shares of Zeta Global in a report on Wednesday, February 26th. Royal Bank of Canada cut their target price on shares of Zeta Global from $43.00 to $40.00 and set an “outperform” rating on the stock in a research report on Friday, January 3rd. Finally, Morgan Stanley upped their price target on shares of Zeta Global from $23.00 to $25.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 26th. Four investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Zeta Global presently has a consensus rating of “Moderate Buy” and an average price target of $36.86.

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.