SOA Wealth Advisors LLC. Increases Position in Zeta Global Holdings Corp. (NYSE:ZETA)

SOA Wealth Advisors LLC. boosted its position in Zeta Global Holdings Corp. (NYSE:ZETA) by 5.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 110,655 shares of the company’s stock after purchasing an additional 6,000 shares during the period. SOA Wealth Advisors LLC.’s holdings in Zeta Global were worth $1,500,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Optiver Holding B.V. increased its holdings in shares of Zeta Global by 60.9% in the fourth quarter. Optiver Holding B.V. now owns 1,406 shares of the company’s stock worth $25,000 after buying an additional 532 shares during the period. Summit Investment Advisors Inc. boosted its position in Zeta Global by 3.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 18,698 shares of the company’s stock valued at $336,000 after acquiring an additional 592 shares in the last quarter. Bleakley Financial Group LLC boosted its position in Zeta Global by 4.7% during the 4th quarter. Bleakley Financial Group LLC now owns 14,104 shares of the company’s stock valued at $254,000 after acquiring an additional 636 shares in the last quarter. D.A. Davidson & CO. grew its stake 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 buying an additional 987 shares during the last quarter. Finally, First Bank & Trust grew its stake 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 worth $203,000 after buying an additional 1,083 shares during the last quarter. 87.75% of the stock is owned by institutional investors.

Zeta Global Stock Up 2.3%

Shares of NYSE ZETA opened at $13.96 on Friday. 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 stock has a market capitalization of $3.29 billion, a price-to-earnings ratio of -19.94, a price-to-earnings-growth ratio of 1.65 and a beta of 1.25. The firm has a 50-day moving average price of $12.96 and a 200 day moving average price of $16.84. Zeta Global Holdings Corp. has a 52 week low of $10.69 and a 52 week high of $38.20.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ZETA. Canaccord Genuity Group decreased their target price on shares of Zeta Global from $28.00 to $26.00 and set a “buy” rating for the company in a research note on Friday, May 2nd. William Blair reaffirmed an “outperform” rating on shares of Zeta Global in a report on Wednesday, February 26th. Royal Bank of Canada reduced their price objective on shares of Zeta Global from $40.00 to $30.00 and set an “outperform” rating on the stock in a research report on Monday, April 28th. DA Davidson reduced their price objective 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, April 14th. Finally, Needham & Company LLC reduced their target price on shares of Zeta Global from $43.00 to $25.00 and set a “buy” rating on the stock in a research report on Friday, May 2nd. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, Zeta Global has a consensus rating of “Moderate Buy” and an average target price of $30.36.

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.