New York State Common Retirement Fund Grows Holdings in Zeta Global Holdings Corp. (NYSE:ZETA)

New York State Common Retirement Fund increased its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 87.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 99,420 shares of the company's stock after purchasing an additional 46,335 shares during the quarter. New York State Common Retirement Fund's holdings in Zeta Global were worth $1,789,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its stake in shares of Zeta Global by 3,885.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,395 shares of the company's stock worth $42,000 after purchasing an additional 1,360 shares during the last quarter. Covestor Ltd boosted its position in Zeta Global by 2,902.0% during the third quarter. Covestor Ltd now owns 1,501 shares of the company's stock worth $45,000 after acquiring an additional 1,451 shares during the last quarter. Advisors Asset Management Inc. grew its stake in Zeta Global by 104.1% in the 3rd quarter. Advisors Asset Management Inc. now owns 2,227 shares of the company's stock worth $66,000 after acquiring an additional 1,136 shares during the period. Heck Capital Advisors LLC acquired a new position in Zeta Global in the 4th quarter valued at $66,000. Finally, KBC Group NV lifted its stake in shares of Zeta Global by 102.3% during the 4th quarter. KBC Group NV now owns 9,680 shares of the company's stock worth $174,000 after purchasing an additional 4,896 shares during the period. Institutional investors and hedge funds own 87.75% of the company's stock.

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Wall Street Analyst Weigh In

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

Zeta Global Stock Down 6.5 %

Shares of NYSE ZETA traded down $1.11 on Thursday, hitting $16.03. The company had a trading volume of 2,422,388 shares, compared to its average volume of 6,134,546. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41. Zeta Global Holdings Corp. has a 12-month low of $9.99 and a 12-month high of $38.20. The firm has a market capitalization of $3.81 billion, a P/E ratio of -22.97, a PEG ratio of 1.65 and a beta of 1.17. The business has a 50 day moving average of $19.22 and a two-hundred day moving average of $23.58.

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.