Themes Management Co LLC Acquires Shares of 60,402 Zeta Global Holdings Corp. $ZETA

Themes Management Co LLC acquired a new stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 60,402 shares of the company’s stock, valued at approximately $1,229,000.

Several other institutional investors have also bought and sold shares of ZETA. Disciplined Growth Investors Inc. MN bought a new position in Zeta Global during the third quarter valued at $121,502,000. M&T Bank Corp raised its stake in shares of Zeta Global by 12,545.2% in the fourth quarter. M&T Bank Corp now owns 2,233,649 shares of the company’s stock valued at $45,455,000 after acquiring an additional 2,215,985 shares during the period. Annex Advisory Services LLC purchased a new stake in shares of Zeta Global in the fourth quarter valued at $42,136,000. Vanguard Group Inc. raised its stake in shares of Zeta Global by 6.1% in the fourth quarter. Vanguard Group Inc. now owns 23,051,314 shares of the company’s stock valued at $469,094,000 after acquiring an additional 1,325,717 shares during the period. Finally, Summit Partners Public Asset Management LLC purchased a new stake in shares of Zeta Global in the third quarter valued at $15,539,000. Institutional investors own 87.75% of the company’s stock.

Zeta Global Stock Down 0.0%

Shares of ZETA stock opened at $18.79 on Tuesday. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.22. Zeta Global Holdings Corp. has a twelve month low of $12.10 and a twelve month high of $24.90. The stock has a 50 day moving average of $17.00 and a 200 day moving average of $18.20. The stock has a market cap of $4.59 billion, a P/E ratio of -170.77, a P/E/G ratio of 2.93 and a beta of 1.29.

Zeta Global (NYSE:ZETA) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.23 by $0.05. Zeta Global had a positive return on equity of 2.91% and a negative net margin of 1.62%.The company had revenue of $394.64 million for the quarter, compared to analyst estimates of $378.09 million. During the same period last year, the company earned $0.06 earnings per share. Zeta Global’s quarterly revenue was up 25.4% compared to the same quarter last year. As a group, sell-side analysts expect that Zeta Global Holdings Corp. will post 0.21 EPS for the current year.

Wall Street Analysts Forecast Growth

ZETA has been the topic of a number of recent research reports. Wall Street Zen raised Zeta Global from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. KeyCorp raised Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 price objective on the stock in a research report on Tuesday, April 28th. Bank of America started coverage on Zeta Global in a report on Tuesday, May 19th. They issued a “buy” rating and a $24.00 price target for the company. DA Davidson raised their price target on Zeta Global from $29.00 to $30.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Finally, Royal Bank Of Canada raised their price target on Zeta Global from $27.00 to $29.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. Ten research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $27.83.

About Zeta Global

Zeta Global, founded in 2007 and headquartered in New York City, is a leading data-driven marketing technology company. The firm’s mission centers on helping brands acquire, grow and retain customers through a unified customer lifecycle management platform. Over the years, Zeta Global has built a reputation for leveraging big data and predictive analytics to power digital marketing programs across multiple channels.

At the core of Zeta’s offering is the Zeta Marketing Platform, which combines identity resolution, audience insights and real-time engagement capabilities.