Legal & General Group Plc Purchases 41,866 Shares of Zeta Global Holdings Corp. (NYSE:ZETA)

Legal & General Group Plc grew its position in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 26.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 203,164 shares of the company's stock after acquiring an additional 41,866 shares during the period. Legal & General Group Plc owned 0.09% of Zeta Global worth $3,655,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Cerity Partners LLC raised its position in Zeta Global by 111.6% in the 4th quarter. Cerity Partners LLC now owns 17,417 shares of the company's stock valued at $313,000 after purchasing an additional 9,186 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of Zeta Global by 16.3% in the fourth quarter. Russell Investments Group Ltd. now owns 822,655 shares of the company's stock valued at $14,802,000 after buying an additional 115,288 shares in the last quarter. Samjo Management LLC bought a new position in shares of Zeta Global in the fourth quarter valued at about $4,244,000. Proem Advisors LLC acquired a new position in Zeta Global during the 4th quarter worth about $989,000. Finally, ExodusPoint Capital Management LP bought a new stake in Zeta Global during the 4th quarter worth about $1,090,000. 87.75% of the stock is owned by institutional investors and hedge funds.

Zeta Global Trading Up 2.5 %

ZETA opened at $11.29 on Wednesday. Zeta Global Holdings Corp. has a twelve month low of $10.69 and a twelve month high of $38.20. The firm has a market cap of $2.68 billion, a PE ratio of -16.13, a price-to-earnings-growth ratio of 1.65 and a beta of 1.29. 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 firm's fifty day moving average is $15.26 and its two-hundred day moving average is $20.17.

Wall Street Analysts Forecast Growth

ZETA has been the subject of a number of research analyst reports. DA Davidson dropped their target price on shares of Zeta Global from $42.00 to $25.00 and set a "buy" rating for the company in a research note on Monday, April 14th. The Goldman Sachs Group reduced their price objective on Zeta Global from $30.00 to $27.00 and set a "neutral" rating on the stock in a report on Tuesday, March 4th. Truist Financial lowered their target price on Zeta Global from $42.00 to $34.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Royal Bank of Canada cut 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 reiterated a "buy" rating and issued a $28.00 price objective 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 given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Zeta Global currently has an average rating of "Moderate Buy" and a consensus target price of $33.29.

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.

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