Zeta Global Holdings Corp. (NYSE:ZETA) Shares Purchased by LPL Financial LLC

LPL Financial LLC boosted its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 100.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 148,097 shares of the company's stock after buying an additional 74,396 shares during the period. LPL Financial LLC owned 0.06% of Zeta Global worth $2,664,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in ZETA. Fox Run Management L.L.C. purchased a new stake in shares of Zeta Global in the fourth quarter valued at approximately $1,028,000. KLP Kapitalforvaltning AS purchased a new stake in Zeta Global in the 4th quarter valued at $729,000. American Century Companies Inc. acquired a new stake in shares of Zeta Global in the 4th quarter worth $331,000. Quantbot Technologies LP purchased a new position in shares of Zeta Global during the 4th quarter worth $7,272,000. Finally, Atlas Wealth LLC acquired a new position in shares of Zeta Global during the 4th quarter valued at about $180,000. Institutional investors and hedge funds own 87.75% of the company's stock.

Zeta Global Stock Up 0.5 %

Shares of NYSE:ZETA traded up $0.07 during trading on Tuesday, hitting $11.98. The company's stock had a trading volume of 2,704,474 shares, compared to its average volume of 5,155,994. The company has a market capitalization of $2.85 billion, a PE ratio of -17.11, a P/E/G ratio of 1.65 and a beta of 1.29. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32. Zeta Global Holdings Corp. has a fifty-two week low of $10.93 and a fifty-two week high of $38.20. The business has a 50 day moving average price of $16.47 and a two-hundred day moving average price of $20.88.

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Analyst Ratings Changes

A number of equities analysts have commented on the stock. The Goldman Sachs Group reduced 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. Needham & Company LLC reiterated a "buy" rating and issued a $43.00 price objective on shares of Zeta Global in a report on Wednesday, February 26th. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $28.00 price target on shares of Zeta Global in a research note on Wednesday, February 26th. William Blair reissued an "outperform" rating on shares of Zeta Global in a research report on Wednesday, February 26th. Finally, DA Davidson decreased their target price on shares of Zeta Global from $42.00 to $25.00 and set a "buy" rating on the stock in a research report on Monday. Four equities research 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $35.64.

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.