D.A. Davidson & CO. Has $1.16 Million Position in Zeta Global Holdings Corp. (NYSE:ZETA)

D.A. Davidson & CO. boosted its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 1.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 64,223 shares of the company’s stock after purchasing an additional 987 shares during the period. D.A. Davidson & CO.’s holdings in Zeta Global were worth $1,155,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its holdings in shares of Zeta Global by 31.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,240,872 shares of the company’s stock valued at $37,015,000 after buying an additional 293,583 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Zeta Global by 31.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,742,555 shares of the company’s stock valued at $51,980,000 after acquiring an additional 413,577 shares in the last quarter. Hodges Capital Management Inc. lifted its stake in Zeta Global by 163.1% in the fourth quarter. Hodges Capital Management Inc. now owns 433,473 shares of the company’s stock valued at $7,798,000 after acquiring an additional 268,710 shares during the last quarter. Empowered Funds LLC bought a new stake in Zeta Global in the third quarter worth approximately $5,644,000. Finally, Qsemble Capital Management LP acquired a new position in shares of Zeta Global during the 3rd quarter worth $1,752,000. Institutional investors and hedge funds own 87.75% of the company’s stock.

Zeta Global Stock Down 7.7 %

Shares of NYSE ZETA opened at $20.71 on Monday. 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 company has a market cap of $4.92 billion, a price-to-earnings ratio of -29.59, a price-to-earnings-growth ratio of 1.65 and a beta of 1.17. Zeta Global Holdings Corp. has a 12-month low of $9.97 and a 12-month high of $38.20. The firm’s 50-day simple moving average is $19.45 and its 200 day simple moving average is $23.90.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on ZETA shares. Barclays increased their target price on shares of Zeta Global from $28.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 13th. Truist Financial reissued a “buy” rating and set a $42.00 price objective (up previously from $35.00) on shares of Zeta Global in a report on Tuesday, November 12th. Royal Bank of Canada reduced their target price on Zeta Global from $43.00 to $40.00 and set an “outperform” rating for the company in a report on Friday, January 3rd. The Goldman Sachs Group started coverage on Zeta Global in a report on Wednesday, December 11th. They set a “neutral” rating and a $30.00 price target on the stock. Finally, Canaccord Genuity Group boosted their price objective on shares of Zeta Global from $24.00 to $28.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Four analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $37.43.

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.