Fox Run Management L.L.C. Makes New $1.03 Million Investment in Zeta Global Holdings Corp. (NYSE:ZETA)

Fox Run Management L.L.C. bought a new stake in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 57,118 shares of the company's stock, valued at approximately $1,028,000.

A number of other large investors also recently made changes to their positions in the company. Lord Abbett & CO. LLC boosted its position in Zeta Global by 85.0% in the third quarter. Lord Abbett & CO. LLC now owns 5,710,081 shares of the company's stock worth $170,332,000 after purchasing an additional 2,623,980 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Zeta Global by 18.8% during the 3rd quarter. Geode Capital Management LLC now owns 4,266,679 shares of the company's stock worth $127,302,000 after purchasing an additional 674,192 shares during the period. State Street Corp boosted its holdings in shares of Zeta Global by 12.2% in the 3rd quarter. State Street Corp now owns 4,187,052 shares of the company's stock worth $124,900,000 after buying an additional 455,944 shares during the last quarter. FMR LLC grew its position in Zeta Global by 84,132.4% during the third quarter. FMR LLC now owns 3,561,347 shares of the company's stock valued at $106,235,000 after buying an additional 3,557,119 shares during the period. Finally, Summit Partners Public Asset Management LLC increased its holdings in 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 buying an additional 1,703,679 shares during the last quarter. 87.75% of the stock is owned by institutional investors.

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Analyst Upgrades and Downgrades

Several research firms recently commented on ZETA. Royal Bank of Canada dropped their price objective 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. The Goldman Sachs Group lowered their target price on Zeta Global from $30.00 to $27.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 4th. Morgan Stanley increased their price target 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. 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. Finally, William Blair reiterated an "outperform" rating on shares of Zeta Global in a research 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 assigned a strong buy rating to the stock. Based on data from MarketBeat, Zeta Global currently has an average rating of "Moderate Buy" and an average target price of $36.86.

Zeta Global Price Performance

Shares of ZETA traded down $0.61 during mid-day trading on Wednesday, reaching $15.13. 3,985,911 shares of the stock traded hands, compared to its average volume of 4,897,706. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41. Zeta Global Holdings Corp. has a 1 year low of $10.30 and a 1 year high of $38.20. The company has a market cap of $3.60 billion, a price-to-earnings ratio of -21.61, a price-to-earnings-growth ratio of 1.65 and a beta of 1.18. The firm has a fifty day moving average price of $18.25 and a 200 day moving average price of $22.52.

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.