Zeta Global Holdings Corp. (NYSE:ZETA) Shares Sold by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. trimmed its holdings in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 10.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 205,390 shares of the company's stock after selling 24,560 shares during the period. Hillsdale Investment Management Inc. owned approximately 0.09% of Zeta Global worth $3,695,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in ZETA. Victory Capital Management Inc. boosted its stake in shares of Zeta Global by 229.9% in the third quarter. Victory Capital Management Inc. now owns 68,660 shares of the company's stock worth $2,048,000 after buying an additional 47,849 shares during the last quarter. Natixis Advisors LLC lifted its holdings in Zeta Global by 15.9% in the third quarter. Natixis Advisors LLC now owns 16,295 shares of the company's stock valued at $486,000 after acquiring an additional 2,236 shares during the period. Caprock Group LLC purchased a new stake in Zeta Global in the 3rd quarter worth approximately $266,000. Jennison Associates LLC acquired a new stake in shares of Zeta Global during the 3rd quarter worth approximately $1,074,000. Finally, Advisors Asset Management Inc. increased its holdings 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 purchasing an additional 1,136 shares in the last quarter. 87.75% of the stock is owned by hedge funds and other institutional investors.

Zeta Global Price Performance

NYSE ZETA traded down $0.61 during trading hours on Wednesday, hitting $15.13. 3,985,911 shares of the company's stock traded hands, compared to its average volume of 4,897,706. 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's 50-day moving average is $18.25 and its 200-day moving average is $22.52. Zeta Global Holdings Corp. has a 52-week low of $10.30 and a 52-week high of $38.20. The company has a market capitalization of $3.60 billion, a PE ratio of -21.61, a PEG ratio of 1.65 and a beta of 1.18.

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Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on ZETA. The Goldman Sachs Group lowered their price target on shares of Zeta Global from $30.00 to $27.00 and set a "neutral" rating on the stock in a report on Tuesday, March 4th. B. Riley reissued a "buy" rating and set a $44.00 target price on shares of Zeta Global in a research note on Wednesday, February 26th. Barclays cut their price target on Zeta Global from $32.00 to $18.00 and set an "equal weight" rating for the company in a research note on Thursday, February 27th. Morgan Stanley increased 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. Finally, Canaccord Genuity Group restated a "buy" rating and issued a $28.00 price objective on shares of Zeta Global in a research report on Wednesday, February 26th. Four analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Zeta Global has a consensus rating of "Moderate Buy" and an average price target 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.