Zeta Global Holdings Corp. $ZETA Shares Purchased by Strs Ohio

Strs Ohio lifted its holdings in Zeta Global Holdings Corp. (NYSE:ZETA) by 1,102.2% in the 1st quarter, Holdings Channel.com reports. The firm owned 54,100 shares of the company’s stock after purchasing an additional 49,600 shares during the quarter. Strs Ohio’s holdings in Zeta Global were worth $861,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its position 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 buying an additional 1,325,717 shares in the last quarter. Contour Asset Management LLC boosted its holdings in Zeta Global by 26.3% in the 4th quarter. Contour Asset Management LLC now owns 11,162,626 shares of the company’s stock worth $227,159,000 after buying an additional 2,327,907 shares during the last quarter. Disciplined Growth Investors Inc. MN acquired a new stake in shares of Zeta Global in the third quarter worth approximately $121,502,000. Goldman Sachs Group Inc. grew its holdings in shares of Zeta Global by 13.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 5,582,446 shares of the company’s stock worth $113,603,000 after buying an additional 673,145 shares in the last quarter. Finally, Capital World Investors raised its holdings in Zeta Global by 0.7% in the 4th quarter. Capital World Investors now owns 5,013,776 shares of the company’s stock valued at $102,030,000 after acquiring an additional 33,923 shares during the last quarter. Institutional investors and hedge funds own 87.75% of the company’s stock.

Zeta Global Price Performance

Zeta Global stock opened at $21.61 on Thursday. The company’s 50 day simple moving average is $19.57 and its 200-day simple moving average is $18.70. The company has a market capitalization of $5.39 billion, a price-to-earnings ratio of -196.43, a price-to-earnings-growth ratio of 3.23 and a beta of 1.37. Zeta Global Holdings Corp. has a 1 year low of $13.74 and a 1 year high of $25.95. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.07 and a current ratio of 2.07.

Analyst Ratings Changes

Several equities research analysts recently issued reports on ZETA shares. Bank of America raised their price objective on shares of Zeta Global from $24.00 to $28.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. KeyCorp raised shares of Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 price target on the stock in a research report on Tuesday, April 28th. Freedom Capital upgraded Zeta Global to a “strong-buy” rating in a report on Monday, June 29th. The Goldman Sachs Group set a $28.00 price objective on Zeta Global and gave the stock a “neutral” rating in a research report on Wednesday, June 24th. Finally, Wall Street Zen raised Zeta Global from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $28.33.

Insiders Place Their Bets

In other Zeta Global news, Director Jeanine Silberblatt sold 7,500 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $19.89, for a total value of $149,175.00. Following the sale, the director owned 50,350 shares of the company’s stock, valued at $1,001,461.50. The trade was a 12.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 10.74% of the company’s stock.

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.