Zeta Global Holdings Corp. (NYSE:ZETA) Shares Purchased by Russell Investments Group Ltd.

Russell Investments Group Ltd. grew its holdings in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 16.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 822,655 shares of the company’s stock after acquiring an additional 115,288 shares during the quarter. Russell Investments Group Ltd.’s holdings in Zeta Global were worth $14,802,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of ZETA. Rakuten Securities Inc. acquired a new position in shares of Zeta Global during the fourth quarter valued at approximately $27,000. SBI Securities Co. Ltd. bought a new position in Zeta Global during the 4th quarter valued at $33,000. Heck Capital Advisors LLC acquired a new position in shares of Zeta Global during the 4th quarter valued at $66,000. IFP Advisors Inc bought a new stake in shares of Zeta Global in the 4th quarter worth $72,000. Finally, Transcendent Capital Group LLC acquired a new stake in shares of Zeta Global in the fourth quarter valued at $87,000. Institutional investors own 87.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on ZETA shares. Needham & Company LLC reiterated a “buy” rating and issued a $43.00 price target on shares of Zeta Global in a research report on Wednesday, February 26th. B. Riley reaffirmed a “buy” rating and issued a $44.00 price objective on shares of Zeta Global in a research note on Wednesday, February 26th. Barclays cut their target price on shares of Zeta Global from $32.00 to $18.00 and set an “equal weight” rating for the company in a research note on Thursday, February 27th. Canaccord Genuity Group restated a “buy” rating and issued a $28.00 price target on shares of Zeta Global in a research report on Wednesday, February 26th. Finally, Morgan Stanley upped their price target on Zeta Global from $23.00 to $25.00 and gave the company an “equal weight” rating in a report on Wednesday, February 26th. Four investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $36.86.

Zeta Global Price Performance

Shares of ZETA opened at $11.71 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.32 and a quick ratio of 3.32. The company has a market capitalization of $2.78 billion, a price-to-earnings ratio of -16.73, a P/E/G ratio of 1.65 and a beta of 1.29. The business’s 50-day moving average is $16.74 and its 200-day moving average is $21.19. Zeta Global Holdings Corp. has a fifty-two week low of $10.93 and a fifty-two week high of $38.20.

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.