Battery Management Corp. Makes New $15.95 Million Investment in Zeta Global Holdings Corp. (NYSE:ZETA)

Battery Management Corp. acquired a new position in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 886,842 shares of the company's stock, valued at approximately $15,954,000. Zeta Global makes up 2.0% of Battery Management Corp.'s holdings, making the stock its 6th largest holding. Battery Management Corp. owned 0.37% of Zeta Global as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. US Bancorp DE lifted its position in Zeta Global by 25.3% during the third quarter. US Bancorp DE now owns 10,150 shares of the company's stock valued at $303,000 after purchasing an additional 2,047 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Zeta Global by 3,885.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,395 shares of the company's stock worth $42,000 after acquiring an additional 1,360 shares during the last quarter. Harbor Capital Advisors Inc. grew its position in Zeta Global by 15.5% in the third quarter. Harbor Capital Advisors Inc. now owns 24,946 shares of the company's stock worth $744,000 after acquiring an additional 3,350 shares in the last quarter. Principal Financial Group Inc. increased its stake in Zeta Global by 512.3% in the third quarter. Principal Financial Group Inc. now owns 136,058 shares of the company's stock valued at $4,059,000 after acquiring an additional 113,838 shares during the last quarter. Finally, Atria Investments Inc purchased a new stake in Zeta Global during the third quarter valued at about $358,000. Institutional investors own 87.75% of the company's stock.

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Wall Street Analysts Forecast Growth

ZETA has been the topic of several recent research reports. Oppenheimer increased their price objective on Zeta Global from $33.00 to $42.00 and gave the company an "outperform" rating in a research report on Tuesday, November 12th. Royal Bank of Canada reduced their price target on shares of Zeta Global from $43.00 to $40.00 and set an "outperform" rating on the stock in a research report on Friday, January 3rd. Barclays lowered 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 report on Thursday, February 27th. DA Davidson increased their target price on shares of Zeta Global from $39.00 to $42.00 and gave the company a "buy" rating in a report on Tuesday, November 12th. Finally, Craig Hallum lifted their target price on shares of Zeta Global from $37.00 to $45.00 and gave the stock a "buy" rating in a research report on Tuesday, November 12th. Four equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $36.86.

Zeta Global Trading Down 1.2 %

NYSE ZETA traded down $0.19 on Friday, hitting $15.86. The company's stock had a trading volume of 6,846,777 shares, compared to its average volume of 6,277,147. The firm has a market cap of $3.76 billion, a P/E ratio of -22.65, a PEG ratio of 1.65 and a beta of 1.18. Zeta Global Holdings Corp. has a 52-week low of $10.05 and a 52-week high of $38.20. The company's 50-day simple moving average is $19.16 and its 200 day simple moving average is $23.52. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41.

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.