Zeta Global Holdings Corp. (NYSE:ZETA) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 5.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,839,195 shares of the company's stock after purchasing an additional 96,640 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.77% of Zeta Global worth $33,087,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Lord Abbett & CO. LLC lifted its position in shares of Zeta Global by 85.0% during the third quarter. Lord Abbett & CO. LLC now owns 5,710,081 shares of the company's stock valued at $170,332,000 after buying an additional 2,623,980 shares during the last quarter. Geode Capital Management LLC lifted its position in Zeta Global by 18.8% during the third quarter. Geode Capital Management LLC now owns 4,266,679 shares of the company's stock valued at $127,302,000 after acquiring an additional 674,192 shares during the last quarter. State Street Corp boosted its stake in Zeta Global by 12.2% in the third quarter. State Street Corp now owns 4,187,052 shares of the company's stock valued at $124,900,000 after acquiring an additional 455,944 shares in the last quarter. FMR LLC grew its holdings in Zeta Global by 84,132.4% in the third quarter. FMR LLC now owns 3,561,347 shares of the company's stock worth $106,235,000 after purchasing an additional 3,557,119 shares during the last quarter. Finally, Summit Partners Public Asset Management LLC increased its position in shares of Zeta Global by 210.4% during the third quarter. Summit Partners Public Asset Management LLC now owns 2,513,494 shares of the company's stock worth $74,978,000 after purchasing an additional 1,703,679 shares in the last quarter. Institutional investors own 87.75% of the company's stock.

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Zeta Global Price Performance

ZETA stock traded up $0.06 during mid-day trading on Thursday, reaching $14.44. The company's stock had a trading volume of 1,948,531 shares, compared to its average volume of 4,862,296. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41. The company's 50 day moving average is $18.45 and its two-hundred day moving average is $22.85. The stock has a market cap of $3.43 billion, a PE ratio of -20.65, a P/E/G ratio of 1.65 and a beta of 1.18. Zeta Global Holdings Corp. has a fifty-two week low of $10.30 and a fifty-two week high of $38.20.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. B. Riley reissued a "buy" rating and issued a $44.00 price objective on shares of Zeta Global in a research report on Wednesday, February 26th. Needham & Company LLC reissued a "buy" rating and set a $43.00 price objective on shares of Zeta Global in a report on Wednesday, February 26th. Morgan Stanley raised their target price on Zeta Global from $23.00 to $25.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 26th. Royal Bank of Canada dropped their price target on Zeta Global from $43.00 to $40.00 and set an "outperform" rating on the stock in a research note on Friday, January 3rd. Finally, Canaccord Genuity Group restated a "buy" rating and issued a $28.00 price objective on shares of Zeta Global in a research note on Wednesday, February 26th. Four analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $36.86.

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.