Victory Capital Management Inc. Purchases 335,300 Shares of Zeta Global Holdings Corp. (NYSE:ZETA)

Victory Capital Management Inc. grew its holdings in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 488.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 403,960 shares of the company's stock after buying an additional 335,300 shares during the period. Victory Capital Management Inc. owned approximately 0.17% of Zeta Global worth $7,267,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of ZETA. Farther Finance Advisors LLC boosted its holdings 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 buying an additional 1,360 shares in the last quarter. Principal Financial Group Inc. grew its position in Zeta Global by 512.3% in the 3rd quarter. Principal Financial Group Inc. now owns 136,058 shares of the company's stock valued at $4,059,000 after purchasing an additional 113,838 shares during the period. Atria Investments Inc acquired a new stake in Zeta Global in the 3rd quarter valued at $358,000. Covestor Ltd grew its position in Zeta Global by 2,902.0% in the 3rd quarter. Covestor Ltd now owns 1,501 shares of the company's stock valued at $45,000 after purchasing an additional 1,451 shares during the period. Finally, Los Angeles Capital Management LLC acquired a new stake in Zeta Global in the 3rd quarter valued at $448,000. 87.75% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on ZETA. Needham & Company LLC reissued a "buy" rating and issued a $43.00 price target on shares of Zeta Global in a research report on Wednesday, February 26th. Canaccord Genuity Group reissued a "buy" rating and issued a $28.00 price target on shares of Zeta Global in a research report on Wednesday, February 26th. The Goldman Sachs Group reduced their price target on shares of Zeta Global from $30.00 to $27.00 and set a "neutral" rating for the company in a research report on Tuesday, March 4th. Barclays dropped their price objective on Zeta Global from $32.00 to $18.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 27th. Finally, Royal Bank of Canada dropped their price objective on Zeta Global from $43.00 to $40.00 and set an "outperform" rating on the stock in a research note on Friday, January 3rd. Four investment 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $36.86.

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Zeta Global Stock Performance

Shares of NYSE ZETA traded down $0.58 during mid-day trading on Tuesday, reaching $13.90. 4,856,721 shares of the company's stock were exchanged, compared to its average volume of 4,849,613. The firm has a market capitalization of $3.30 billion, a price-to-earnings ratio of -19.85, a price-to-earnings-growth ratio of 1.65 and a beta of 1.18. Zeta Global Holdings Corp. has a 52 week low of $10.28 and a 52 week high of $38.20. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.32 and a quick ratio of 3.32. The firm has a 50-day moving average price of $18.61 and a two-hundred day moving average price of $22.99.

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.