Swiss National Bank Has $6.83 Million Stock Position in Zeta Global Holdings Corp. (NYSE:ZETA)

Swiss National Bank raised its holdings in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 20.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 379,500 shares of the company's stock after purchasing an additional 64,700 shares during the quarter. Swiss National Bank owned 0.16% of Zeta Global worth $6,827,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of ZETA. Bleakley Financial Group LLC lifted its position in shares of Zeta Global by 4.7% during the fourth quarter. Bleakley Financial Group LLC now owns 14,104 shares of the company's stock worth $254,000 after purchasing an additional 636 shares during the last quarter. HighTower Advisors LLC lifted its holdings in Zeta Global by 4.2% during the 3rd quarter. HighTower Advisors LLC now owns 22,383 shares of the company's stock worth $668,000 after buying an additional 892 shares during the last quarter. D.A. Davidson & CO. grew its position in shares of Zeta Global by 1.6% in the 4th quarter. D.A. Davidson & CO. now owns 64,223 shares of the company's stock worth $1,155,000 after acquiring an additional 987 shares in the last quarter. First Bank & Trust increased its holdings in shares of Zeta Global by 10.6% in the 4th quarter. First Bank & Trust now owns 11,276 shares of the company's stock valued at $203,000 after acquiring an additional 1,083 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its position in shares of Zeta Global by 104.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 2,227 shares of the company's stock valued at $66,000 after acquiring an additional 1,136 shares in the last quarter. 87.75% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ZETA. William Blair reissued an "outperform" rating on shares of Zeta Global in a report on Wednesday, February 26th. Canaccord Genuity Group reiterated a "buy" rating and set a $28.00 price objective on shares of Zeta Global in a research note on Wednesday, February 26th. The Goldman Sachs Group dropped their price target on Zeta Global from $30.00 to $27.00 and set a "neutral" rating on the stock in a research report on Tuesday, March 4th. B. Riley reissued a "buy" rating and set a $44.00 price target on shares of Zeta Global in a report on Wednesday, February 26th. Finally, Barclays decreased their price objective on Zeta Global from $32.00 to $18.00 and set an "equal weight" rating for the company in a report on Thursday, February 27th. 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 MarketBeat, Zeta Global presently has a consensus rating of "Moderate Buy" and an average target price of $36.86.

Zeta Global Price Performance

NYSE:ZETA traded down $0.61 during trading hours on Wednesday, reaching $15.13. 3,978,102 shares of the company's stock were exchanged, compared to its average volume of 6,072,245. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $3.60 billion, a P/E ratio of -21.61, a price-to-earnings-growth ratio of 1.65 and a beta of 1.18. Zeta Global Holdings Corp. has a 12 month low of $10.30 and a 12 month high of $38.20. The business's 50-day simple moving average is $18.25 and its two-hundred day simple moving average is $22.52.

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.