Cibc World Markets Corp Invests $301,000 in Zeta Global Holdings Corp. (NYSE:ZETA)

Cibc World Markets Corp bought a new position in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 16,726 shares of the company's stock, valued at approximately $301,000.

Several other institutional investors and hedge funds also recently bought and sold shares of ZETA. Victory Capital Management Inc. grew its holdings in Zeta Global by 229.9% during the 3rd quarter. Victory Capital Management Inc. now owns 68,660 shares of the company's stock valued at $2,048,000 after buying an additional 47,849 shares in the last quarter. Natixis Advisors LLC grew its position in shares of Zeta Global by 15.9% during the third quarter. Natixis Advisors LLC now owns 16,295 shares of the company's stock valued at $486,000 after purchasing an additional 2,236 shares in the last quarter. Caprock Group LLC bought a new stake in shares of Zeta Global in the third quarter worth about $266,000. Advisors Asset Management Inc. lifted its position in shares of Zeta Global by 104.1% in the third quarter. Advisors Asset Management Inc. now owns 2,227 shares of the company's stock worth $66,000 after buying an additional 1,136 shares in the last quarter. Finally, Intech Investment Management LLC bought a new position in Zeta Global during the third quarter valued at approximately $1,455,000. 87.75% of the stock is currently owned by hedge funds and other institutional investors.

Zeta Global Stock Down 4.4 %

NYSE ZETA traded down $0.63 on Friday, reaching $13.74. 4,607,802 shares of the stock traded hands, compared to its average volume of 4,989,641. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32. The company has a fifty day moving average price of $18.10 and a 200-day moving average price of $22.42. The company has a market cap of $3.27 billion, a price-to-earnings ratio of -19.63, a PEG ratio of 1.65 and a beta of 1.18. Zeta Global Holdings Corp. has a 12 month low of $10.30 and a 12 month high of $38.20.

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Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ZETA. B. Riley reiterated a "buy" rating and set a $44.00 target price on shares of Zeta Global in a research report on Wednesday, February 26th. Canaccord Genuity Group reiterated a "buy" rating and set a $28.00 price objective on shares of Zeta Global in a research report on Wednesday, February 26th. The Goldman Sachs Group reduced their target price on shares of Zeta Global from $30.00 to $27.00 and set a "neutral" rating on the stock in a report on Tuesday, March 4th. Barclays lowered their price target 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. Finally, William Blair restated an "outperform" rating on shares of Zeta Global in a research report on Wednesday, February 26th. Four analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Zeta Global currently has an average rating of "Moderate Buy" and a consensus price target of $36.86.

Zeta Global Company 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.