SG Americas Securities LLC Has $541,000 Stock Holdings in Zeta Global Holdings Corp. (NYSE:ZETA)

SG Americas Securities LLC trimmed its holdings in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 92.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,124 shares of the company's stock after selling 226,494 shares during the period. SG Americas Securities LLC's holdings in Zeta Global were worth $541,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of Zeta Global by 2.6% in the first quarter. Vanguard Group Inc. now owns 16,717,605 shares of the company's stock valued at $182,723,000 after buying an additional 431,077 shares during the period. Clearbridge Investments LLC lifted its holdings in Zeta Global by 2.6% in the 1st quarter. Clearbridge Investments LLC now owns 3,030,639 shares of the company's stock valued at $33,125,000 after acquiring an additional 77,962 shares during the last quarter. Renaissance Technologies LLC boosted its position in shares of Zeta Global by 85.4% during the 2nd quarter. Renaissance Technologies LLC now owns 2,019,000 shares of the company's stock valued at $35,635,000 after purchasing an additional 929,800 shares in the last quarter. D. E. Shaw & Co. Inc. grew its stake in shares of Zeta Global by 1,444.8% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,847,610 shares of the company's stock worth $32,610,000 after purchasing an additional 1,728,005 shares during the last quarter. Finally, Bwcp LP raised its holdings in shares of Zeta Global by 6.2% in the 2nd quarter. Bwcp LP now owns 1,805,867 shares of the company's stock worth $31,874,000 after purchasing an additional 106,034 shares in the last quarter. 75.82% of the stock is currently owned by institutional investors.

Zeta Global Price Performance

Shares of NYSE ZETA traded down $1.21 during mid-day trading on Wednesday, reaching $30.94. The company had a trading volume of 2,420,679 shares, compared to its average volume of 2,452,767. Zeta Global Holdings Corp. has a twelve month low of $7.38 and a twelve month high of $34.14. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.85. The stock's 50 day moving average is $27.17 and its 200-day moving average is $20.06.

Zeta Global (NYSE:ZETA - Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The company reported ($0.16) earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by ($0.26). Zeta Global had a negative return on equity of 79.03% and a negative net margin of 17.76%. The firm had revenue of $227.80 million for the quarter, compared to analysts' expectations of $212.44 million. During the same period last year, the business earned ($0.32) earnings per share. The firm's revenue for the quarter was up 32.6% on a year-over-year basis. Equities analysts forecast that Zeta Global Holdings Corp. will post -0.41 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have issued reports on ZETA shares. Canaccord Genuity Group lifted their price target on shares of Zeta Global from $30.00 to $35.00 and gave the stock a "buy" rating in a research report on Wednesday, October 9th. Bank of America lifted their target price on Zeta Global from $30.00 to $36.00 and gave the stock a "buy" rating in a report on Thursday, September 26th. B. Riley upped their target price on Zeta Global from $30.00 to $37.00 and gave the company a "buy" rating in a report on Monday, September 30th. Royal Bank of Canada reissued an "outperform" rating and issued a $34.00 price target on shares of Zeta Global in a research note on Wednesday, October 9th. Finally, Craig Hallum raised their target price on shares of Zeta Global from $35.00 to $37.00 and gave the stock a "buy" rating in a report on Friday, September 27th. One analyst has rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $35.00.

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.