SG Americas Securities LLC Purchases 140,861 Shares of Zeta Global Holdings Corp. $ZETA

SG Americas Securities LLC lifted its holdings in Zeta Global Holdings Corp. (NYSE:ZETA) by 151.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 234,077 shares of the company’s stock after acquiring an additional 140,861 shares during the period. SG Americas Securities LLC owned approximately 0.10% of Zeta Global worth $4,763,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. New York State Common Retirement Fund lifted its position in shares of Zeta Global by 235.8% during the 3rd quarter. New York State Common Retirement Fund now owns 684,303 shares of the company’s stock valued at $13,597,000 after acquiring an additional 480,495 shares during the period. Stanley Laman Group Ltd. acquired a new stake in Zeta Global in the third quarter worth $2,834,000. Stephens Investment Management Group LLC grew its holdings in Zeta Global by 92.8% in the third quarter. Stephens Investment Management Group LLC now owns 1,802,642 shares of the company’s stock worth $35,818,000 after purchasing an additional 867,540 shares during the period. Perkins Capital Management Inc. bought a new stake in Zeta Global in the third quarter valued at $1,143,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in shares of Zeta Global by 314.1% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 134,977 shares of the company’s stock valued at $2,682,000 after purchasing an additional 102,380 shares during the period. 87.75% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ZETA has been the topic of a number of research analyst reports. Wall Street Zen cut shares of Zeta Global from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. DA Davidson upped their price target on Zeta Global from $29.00 to $30.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Morgan Stanley increased their price target on Zeta Global from $23.00 to $27.00 and gave the stock an “equal weight” rating in a report on Thursday, January 15th. The Goldman Sachs Group raised their price objective on Zeta Global from $23.00 to $26.00 and gave the company a “neutral” rating in a research note on Wednesday, January 28th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Zeta Global in a report on Wednesday, January 21st. Nine research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $29.00.

Zeta Global Trading Down 1.1%

ZETA opened at $15.74 on Thursday. Zeta Global Holdings Corp. has a fifty-two week low of $10.69 and a fifty-two week high of $24.90. The firm has a market capitalization of $3.84 billion, a PE ratio of -104.92, a P/E/G ratio of 1.87 and a beta of 1.28. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.60 and a quick ratio of 1.60. The company’s 50-day moving average is $17.43 and its 200 day moving average is $18.77.

Zeta Global (NYSE:ZETA) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.05. The business had revenue of $394.64 million during the quarter, compared to the consensus estimate of $378.09 million. Zeta Global had a positive return on equity of 1.35% and a negative net margin of 2.42%.The company’s quarterly revenue was up 25.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.06 EPS. As a group, research analysts predict that Zeta Global Holdings Corp. will post -0.16 earnings per share for the current fiscal year.

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.