Havemeyer Place LP Takes Position in Zeta Global Holdings Corp. $ZETA

Havemeyer Place LP acquired a new stake in Zeta Global Holdings Corp. (NYSE:ZETA) in the 4th quarter, Holdings Channel.com reports. The fund acquired 50,072 shares of the company’s stock, valued at approximately $1,019,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Mackenzie Financial Corp increased its stake in shares of Zeta Global by 4.8% in the third quarter. Mackenzie Financial Corp now owns 12,195 shares of the company’s stock valued at $242,000 after buying an additional 560 shares during the period. Verus Capital Partners LLC boosted its holdings in Zeta Global by 1.2% in the fourth quarter. Verus Capital Partners LLC now owns 49,100 shares of the company’s stock valued at $999,000 after acquiring an additional 600 shares during the last quarter. SlateStone Wealth LLC boosted its holdings in Zeta Global by 3.9% in the fourth quarter. SlateStone Wealth LLC now owns 19,801 shares of the company’s stock valued at $403,000 after acquiring an additional 750 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in Zeta Global by 6.5% in the third quarter. Principal Financial Group Inc. now owns 14,264 shares of the company’s stock valued at $283,000 after acquiring an additional 874 shares during the last quarter. Finally, M&T Bank Corp boosted its holdings in Zeta Global by 5.9% in the second quarter. M&T Bank Corp now owns 17,086 shares of the company’s stock valued at $264,000 after acquiring an additional 959 shares during the last quarter. Institutional investors and hedge funds own 87.75% of the company’s stock.

Zeta Global Price Performance

Shares of ZETA opened at $22.05 on Monday. Zeta Global Holdings Corp. has a 12-month low of $12.10 and a 12-month high of $25.95. The business’s fifty day moving average is $17.92 and its 200 day moving average is $18.39. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.22. The stock has a market cap of $5.50 billion, a P/E ratio of -200.46, a P/E/G ratio of 3.43 and a beta of 1.34.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zeta Global in a report on Monday, April 20th. B. Riley Financial reiterated a “buy” rating on shares of Zeta Global in a report on Friday, May 1st. Royal Bank Of Canada upped their target price on Zeta Global from $27.00 to $29.00 and gave the company an “outperform” rating in a report on Friday, May 1st. Bank of America started coverage on Zeta Global in a report on Tuesday, May 19th. They issued a “buy” rating and a $24.00 target price on the stock. Finally, KeyCorp upgraded Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 price target on the stock in a report on Tuesday, April 28th. Ten research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.83.

Zeta Global Company Profile

Zeta Global, founded in 2007 and headquartered in New York City, is a leading data-driven marketing technology company. The firm’s mission centers on helping brands acquire, grow and retain customers through a unified customer lifecycle management platform. Over the years, Zeta Global has built a reputation for leveraging big data and predictive analytics to power digital marketing programs across multiple channels.

At the core of Zeta’s offering is the Zeta Marketing Platform, which combines identity resolution, audience insights and real-time engagement capabilities.