Vanguard Group Inc. Has $398.98 Million Stock Holdings in Zeta Global Holdings Corp. (NYSE:ZETA)

Vanguard Group Inc. lifted its holdings in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 2.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 22,177,591 shares of the company's stock after purchasing an additional 489,499 shares during the period. Vanguard Group Inc. owned 9.34% of Zeta Global worth $398,975,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Lord Abbett & CO. LLC lifted its holdings in Zeta Global by 85.0% during the 3rd quarter. Lord Abbett & CO. LLC now owns 5,710,081 shares of the company's stock worth $170,332,000 after buying an additional 2,623,980 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Zeta Global by 18.8% during the third quarter. Geode Capital Management LLC now owns 4,266,679 shares of the company's stock valued at $127,302,000 after acquiring an additional 674,192 shares during the period. State Street Corp boosted its holdings in Zeta Global by 12.2% in the third 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. FMR LLC increased its position in Zeta Global by 84,132.4% in the third quarter. FMR LLC now owns 3,561,347 shares of the company's stock worth $106,235,000 after purchasing an additional 3,557,119 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in Zeta Global by 5.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,839,195 shares of the company's stock worth $33,087,000 after purchasing an additional 96,640 shares during the last quarter. 87.75% of the stock is owned by institutional investors.

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Zeta Global Stock Down 7.6 %

Shares of NYSE:ZETA traded down $1.00 during midday trading on Friday, reaching $12.16. 6,704,299 shares of the company were exchanged, compared to its average volume of 5,045,859. The firm has a market cap of $2.89 billion, a PE ratio of -17.36, a P/E/G ratio of 1.65 and a beta of 1.29. 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 fifty-two week low of $11.24 and a fifty-two week high of $38.20. The stock has a fifty day simple moving average of $17.48 and a two-hundred day simple moving average of $21.80.

Analysts Set New Price Targets

Several equities research analysts have recently commented on ZETA shares. Needham & Company LLC reiterated a "buy" rating and set a $43.00 price target on shares of Zeta Global in a research report on Wednesday, February 26th. B. Riley reaffirmed a "buy" rating and set a $44.00 target price on shares of Zeta Global in a report on Wednesday, February 26th. Morgan Stanley raised their price target on Zeta Global from $23.00 to $25.00 and gave the stock an "equal weight" rating in a research report on Wednesday, February 26th. Canaccord Genuity Group reiterated a "buy" rating and issued a $28.00 price objective on shares of Zeta Global in a report on Wednesday, February 26th. Finally, William Blair restated an "outperform" rating on shares of Zeta Global in a report on Wednesday, February 26th. Four equities 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 company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $36.86.

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.