109,166 Shares in Zeta Global Holdings Corp. $ZETA Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Zeta Global Holdings Corp. (NYSE:ZETA) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 109,166 shares of the company’s stock, valued at approximately $2,148,000.

Several other institutional investors also recently bought and sold shares of the company. DV Equities LLC acquired a new stake in shares of Zeta Global in the fourth quarter worth approximately $29,000. Binnacle Investments Inc purchased a new position in Zeta Global in the 3rd quarter valued at $30,000. EverSource Wealth Advisors LLC lifted its holdings in Zeta Global by 204.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,095 shares of the company’s stock valued at $33,000 after purchasing an additional 1,406 shares in the last quarter. Cornerstone Planning Group LLC boosted its stake in Zeta Global by 66.7% during the 1st quarter. Cornerstone Planning Group LLC now owns 2,167 shares of the company’s stock worth $34,000 after purchasing an additional 867 shares during the last quarter. Finally, National Bank of Canada FI boosted its stake in Zeta Global by 223.1% during the 3rd quarter. National Bank of Canada FI now owns 1,835 shares of the company’s stock worth $36,000 after purchasing an additional 1,267 shares during the last quarter. 87.75% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on ZETA shares. Royal Bank Of Canada increased their target price on shares of Zeta Global from $29.00 to $31.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. KeyCorp upped their price objective on shares of Zeta Global from $22.00 to $27.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. Citigroup increased their price objective on shares of Zeta Global from $26.00 to $35.00 and gave the company a “buy” rating in a report on Tuesday, August 11th. The Goldman Sachs Group set a $28.00 target price on shares of Zeta Global and gave the stock a “neutral” rating in a research note on Wednesday, June 24th. Finally, Freedom Capital cut Zeta Global from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 6th. Ten investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $30.77.

Zeta Global Trading Up 0.4%

Shares of ZETA stock opened at $30.54 on Friday. The company’s 50-day moving average price is $25.73 and its 200-day moving average price is $20.86. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 0.21. The stock has a market cap of $7.67 billion, a price-to-earnings ratio of -1,527.00, a PEG ratio of 4.29 and a beta of 1.43. Zeta Global Holdings Corp. has a twelve month low of $14.36 and a twelve month high of $32.81.

Zeta Global (NYSE:ZETA) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.17). Zeta Global had a positive return on equity of 5.32% and a negative net margin of 0.15%.The firm had revenue of $442.77 million for the quarter, compared to analyst estimates of $420.61 million. During the same quarter in the previous year, the business posted ($0.10) earnings per share. Zeta Global’s revenue for the quarter was up 43.6% on a year-over-year basis. As a group, equities analysts predict that Zeta Global Holdings Corp. will post 0.21 earnings per share for the current year.

About Zeta Global

Zeta Global Holdings Corp. is a marketing technology company that helps brands acquire, grow and retain customers. Its platform combines consumer data, artificial intelligence and marketing automation to support audience identification, campaign planning, personalization and measurement across digital and traditional channels.

The company’s principal offering is the Zeta Marketing Platform, which is designed to provide marketers with tools for managing customer data, generating insights and executing multichannel campaigns.