Great Lakes Advisors LLC Sells 49,095 Shares of Zeta Global Holdings Corp. (NYSE:ZETA)

Great Lakes Advisors LLC lessened its holdings in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 34.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 95,283 shares of the company's stock after selling 49,095 shares during the quarter. Great Lakes Advisors LLC's holdings in Zeta Global were worth $1,714,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of ZETA. FMR LLC boosted its stake in shares of Zeta Global by 84,132.4% in the 3rd quarter. FMR LLC now owns 3,561,347 shares of the company's stock valued at $106,235,000 after purchasing an additional 3,557,119 shares during the last quarter. Lord Abbett & CO. LLC boosted its stake in Zeta Global by 85.0% during the 3rd quarter. Lord Abbett & CO. LLC now owns 5,710,081 shares of the company's stock worth $170,332,000 after acquiring an additional 2,623,980 shares during the last quarter. Summit Partners Public Asset Management LLC boosted its stake in Zeta Global by 210.4% during the 3rd quarter. Summit Partners Public Asset Management LLC now owns 2,513,494 shares of the company's stock worth $74,978,000 after acquiring an additional 1,703,679 shares during the last quarter. Battery Management Corp. bought a new position in Zeta Global during the 4th quarter worth approximately $15,954,000. Finally, Geode Capital Management LLC boosted its stake in 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 acquiring an additional 674,192 shares during the last quarter. Institutional investors own 87.75% of the company's stock.

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Zeta Global Stock Up 3.8 %

Shares of NYSE ZETA traded up $0.53 during midday trading on Wednesday, reaching $14.39. The company's stock had a trading volume of 3,294,539 shares, compared to its average volume of 4,857,957. 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 fifty-two week low of $10.30 and a fifty-two week high of $38.20. The stock has a market capitalization of $3.42 billion, a price-to-earnings ratio of -20.56, a PEG ratio of 1.65 and a beta of 1.18. The stock has a 50 day simple moving average of $18.53 and a 200-day simple moving average of $22.91.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on ZETA shares. The Goldman Sachs Group reduced their price objective on shares of Zeta Global from $30.00 to $27.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 4th. Needham & Company LLC reissued a "buy" rating and set a $43.00 price objective on shares of Zeta Global in a research note on Wednesday, February 26th. William Blair reissued an "outperform" rating on shares of Zeta Global in a research note on Wednesday, February 26th. Morgan Stanley lifted their price objective on shares of Zeta Global from $23.00 to $25.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 26th. Finally, Canaccord Genuity Group restated a "buy" rating and set a $28.00 target price on shares of Zeta Global in a report on Wednesday, February 26th. Four 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 data from MarketBeat.com, the stock currently 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.