Zeta Global Holdings Corp. (NASDAQ:ZETA) Shares Sold by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. decreased its holdings in Zeta Global Holdings Corp. (NASDAQ:ZETA) by 23.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 31,871 shares of the company’s stock after selling 9,589 shares during the quarter. Zeta Global makes up 1.7% of Mesirow Financial Investment Management Inc.’s portfolio, making the stock its 14th biggest position. Mesirow Financial Investment Management Inc.’s holdings in Zeta Global were worth $348,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Halpern Financial Inc. increased its holdings in Zeta Global by 18.6% in the first quarter. Halpern Financial Inc. now owns 5,300 shares of the company’s stock valued at $56,000 after buying an additional 830 shares during the last quarter. Counterpoint Mutual Funds LLC increased its holdings in Zeta Global by 9.4% in the first quarter. Counterpoint Mutual Funds LLC now owns 12,404 shares of the company’s stock valued at $136,000 after buying an additional 1,065 shares during the last quarter. Kennedy Capital Management LLC increased its holdings in Zeta Global by 2.4% in the third quarter. Kennedy Capital Management LLC now owns 78,466 shares of the company’s stock valued at $655,000 after buying an additional 1,845 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of Zeta Global by 22.8% during the fourth quarter. Blue Trust Inc. now owns 10,960 shares of the company’s stock valued at $92,000 after purchasing an additional 2,037 shares during the last quarter. Finally, Arizona State Retirement System grew its holdings in shares of Zeta Global by 5.4% during the fourth quarter. Arizona State Retirement System now owns 43,351 shares of the company’s stock valued at $382,000 after purchasing an additional 2,215 shares during the last quarter. Institutional investors and hedge funds own 75.82% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on ZETA shares. Craig Hallum upped their target price on Zeta Global from $15.00 to $22.00 and gave the company a “buy” rating in a report on Tuesday, May 7th. Canaccord Genuity Group raised Zeta Global to a “strong-buy” rating in a report on Tuesday, May 7th. B. Riley increased their price objective on Zeta Global from $15.50 to $18.50 and gave the stock a “buy” rating in a report on Tuesday, May 7th. Barclays increased their price objective on Zeta Global from $15.00 to $18.00 and gave the stock an “overweight” rating in a report on Tuesday, May 7th. Finally, Bank of America increased their price objective on Zeta Global from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Monday, June 24th. Twelve investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Zeta Global presently has an average rating of “Buy” and a consensus price target of $20.59.

Zeta Global Trading Down 0.2 %

Shares of NASDAQ:ZETA traded down $0.04 on Wednesday, reaching $17.40. 1,042,342 shares of the company traded hands, compared to its average volume of 1,909,394. Zeta Global Holdings Corp. has a fifty-two week low of $7.24 and a fifty-two week high of $18.58. The company’s 50 day moving average is $15.88 and its 200-day moving average is $12.18. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.89 and a quick ratio of 1.89.

Zeta Global (NASDAQ:ZETA) last announced its quarterly earnings data on Monday, May 6th. The company reported ($0.23) EPS for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.02. Zeta Global had a negative return on equity of 101.48% and a negative net margin of 22.20%. The company had revenue of $195.00 million during the quarter, compared to the consensus estimate of $187.16 million. During the same quarter in the prior year, the firm earned ($0.38) EPS. The company’s quarterly revenue was up 23.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Zeta Global Holdings Corp. will post -0.38 EPS for the current year.

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.