Blue Trust Inc. Sells 1,459 Shares of Zeta Global Holdings Corp. $ZETA

Blue Trust Inc. trimmed its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 5.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,198 shares of the company’s stock after selling 1,459 shares during the period. Blue Trust Inc.’s holdings in Zeta Global were worth $375,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Bartlett & CO. Wealth Management LLC bought a new stake in Zeta Global during the 1st quarter valued at approximately $27,000. Quarry LP raised its position in shares of Zeta Global by 963.9% during the first quarter. Quarry LP now owns 2,181 shares of the company’s stock valued at $30,000 after buying an additional 1,976 shares during the last quarter. Banque Cantonale Vaudoise bought a new stake in shares of Zeta Global during the first quarter valued at approximately $32,000. CWM LLC raised its position in shares of Zeta Global by 44.5% during the first quarter. CWM LLC now owns 4,106 shares of the company’s stock valued at $56,000 after buying an additional 1,264 shares during the last quarter. Finally, AlphaQuest LLC raised its position in shares of Zeta Global by 261.1% during the first quarter. AlphaQuest LLC now owns 4,463 shares of the company’s stock valued at $61,000 after buying an additional 3,227 shares during the last quarter. 87.75% of the stock is owned by institutional investors.

Analyst Ratings Changes

ZETA has been the topic of a number of research reports. DA Davidson lifted their price target on shares of Zeta Global from $25.00 to $27.00 and gave the company a “buy” rating in a report on Monday, September 22nd. Bank of America lifted their target price on Zeta Global from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Wall Street Zen raised Zeta Global from a “hold” rating to a “buy” rating in a report on Saturday, September 20th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zeta Global in a research note on Wednesday, October 8th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $25.00 price objective on shares of Zeta Global in a research note on Thursday, October 9th. Ten equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.54.

Zeta Global Trading Up 2.8%

Shares of NYSE ZETA opened at $18.91 on Tuesday. The business’s 50 day moving average is $19.55 and its two-hundred day moving average is $15.80. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.25 and a quick ratio of 3.25. Zeta Global Holdings Corp. has a 1-year low of $10.69 and a 1-year high of $38.20. The stock has a market capitalization of $4.50 billion, a P/E ratio of -99.53 and a beta of 1.29.

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.