Quantbot Technologies LP Acquires Shares of 404,224 Zeta Global Holdings Corp. (NYSE:ZETA)

Quantbot Technologies LP bought a new position in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 404,224 shares of the company's stock, valued at approximately $7,272,000. Quantbot Technologies LP owned 0.17% of Zeta Global as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its position in Zeta Global by 31.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,240,872 shares of the company's stock valued at $37,015,000 after buying an additional 293,583 shares during the last quarter. Hodges Capital Management Inc. raised its holdings in shares of Zeta Global by 163.1% in the fourth quarter. Hodges Capital Management Inc. now owns 433,473 shares of the company's stock valued at $7,798,000 after purchasing an additional 268,710 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Zeta Global by 31.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,742,555 shares of the company's stock worth $51,980,000 after purchasing an additional 413,577 shares in the last quarter. Qsemble Capital Management LP acquired a new position in Zeta Global during the third quarter worth $1,752,000. Finally, Barclays PLC grew its position in Zeta Global by 36.4% in the third quarter. Barclays PLC now owns 420,518 shares of the company's stock valued at $12,544,000 after purchasing an additional 112,238 shares in the last quarter. Institutional investors own 87.75% of the company's stock.

Zeta Global Stock Performance

Zeta Global stock traded up $0.05 during midday trading on Tuesday, hitting $15.71. The company's stock had a trading volume of 3,650,021 shares, compared to its average volume of 4,891,208. 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 cap of $3.73 billion, a price-to-earnings ratio of -22.44, a PEG ratio of 1.65 and a beta of 1.18. Zeta Global Holdings Corp. has a 1-year low of $10.30 and a 1-year high of $38.20. The company has a 50-day moving average price of $18.28 and a two-hundred day moving average price of $22.59.

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Wall Street Analyst Weigh In

Several brokerages recently commented on ZETA. Needham & Company LLC reissued a "buy" rating and set a $43.00 price target on shares of Zeta Global in a research report on Wednesday, February 26th. The Goldman Sachs Group cut their price objective on Zeta Global from $30.00 to $27.00 and set a "neutral" rating for the company in a report on Tuesday, March 4th. B. Riley reaffirmed a "buy" rating and set a $44.00 price target on shares of Zeta Global in a research report on Wednesday, February 26th. Barclays decreased their price objective on shares of Zeta Global from $32.00 to $18.00 and set an "equal weight" rating for the company in a research report on Thursday, February 27th. Finally, William Blair reiterated an "outperform" rating on shares of Zeta Global in a research note on Wednesday, February 26th. Four equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $36.86.

About Zeta Global

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.