Russell Investments Group Ltd. Grows Holdings in Zeta Global Holdings Corp. (NYSE:ZETA)

Russell Investments Group Ltd. increased its holdings in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 16.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 822,655 shares of the company's stock after purchasing an additional 115,288 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.35% of Zeta Global worth $14,802,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. HighTower Advisors LLC increased its stake in shares of Zeta Global by 4.2% in the 3rd quarter. HighTower Advisors LLC now owns 22,383 shares of the company's stock worth $668,000 after acquiring an additional 892 shares in the last quarter. State Street Corp boosted its holdings in shares of Zeta Global by 12.2% during the 3rd quarter. State Street Corp now owns 4,187,052 shares of the company's stock valued at $124,900,000 after acquiring an additional 455,944 shares during the last quarter. National Bank of Canada FI purchased a new stake in Zeta Global during the 3rd quarter valued at $734,000. Barclays PLC lifted its holdings in Zeta Global by 36.4% in the third quarter. Barclays PLC now owns 420,518 shares of the company's stock valued at $12,544,000 after acquiring an additional 112,238 shares during the period. Finally, Geode Capital Management LLC raised its position in Zeta Global by 18.8% in the third 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 period. 87.75% of the stock is owned by hedge funds and other institutional investors.

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Zeta Global Trading Down 0.8 %

ZETA traded down $0.09 during trading on Tuesday, reaching $11.82. The company had a trading volume of 1,110,716 shares, compared to its average volume of 5,148,624. 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 52 week low of $10.93 and a 52 week high of $38.20. The stock has a market cap of $2.81 billion, a P/E ratio of -16.89, a PEG ratio of 1.65 and a beta of 1.29. The business has a 50 day simple moving average of $16.47 and a 200-day simple moving average of $20.88.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on ZETA shares. The Goldman Sachs Group lowered their target price 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. 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 report on Monday. William Blair reiterated an "outperform" rating on shares of Zeta Global in a report on Wednesday, February 26th. Royal Bank of Canada decreased their price target on shares of 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, B. Riley restated a "buy" rating and set a $44.00 price objective on shares of Zeta Global in a research report on Wednesday, February 26th. Four equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Zeta Global has a consensus rating of "Moderate Buy" and an average price target of $35.64.

About Zeta Global

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.