96,119 Shares in Zeta Global Holdings Corp. (NYSE:ZETA) Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd purchased a new position in Zeta Global Holdings Corp. (NYSE:ZETA) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 96,119 shares of the company’s stock, valued at approximately $1,729,000.

A number of other hedge funds have also bought and sold shares of ZETA. Bleakley Financial Group LLC increased its holdings in Zeta Global by 4.7% in the 4th quarter. Bleakley Financial Group LLC now owns 14,104 shares of the company’s stock worth $254,000 after acquiring an additional 636 shares in the last quarter. HighTower Advisors LLC increased its stake in Zeta Global by 4.2% in the third quarter. HighTower Advisors LLC now owns 22,383 shares of the company’s stock worth $668,000 after purchasing an additional 892 shares during the period. D.A. Davidson & CO. increased its stake in Zeta Global by 1.6% in the fourth quarter. D.A. Davidson & CO. now owns 64,223 shares of the company’s stock worth $1,155,000 after purchasing an additional 987 shares during the period. First Bank & Trust raised its holdings in shares of Zeta Global by 10.6% in the fourth quarter. First Bank & Trust now owns 11,276 shares of the company’s stock valued at $203,000 after acquiring an additional 1,083 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its holdings in Zeta Global by 104.1% during the third quarter. Advisors Asset Management Inc. now owns 2,227 shares of the company’s stock worth $66,000 after buying an additional 1,136 shares during the period. Hedge funds and other institutional investors own 87.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. DA Davidson raised their price target on shares of Zeta Global from $39.00 to $42.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Needham & Company LLC reaffirmed a “buy” rating and issued a $43.00 price target on shares of Zeta Global in a research note on Thursday, January 16th. Royal Bank of Canada lowered their price objective on Zeta Global from $43.00 to $40.00 and set an “outperform” rating on the stock in a research note on Friday, January 3rd. KeyCorp downgraded Zeta Global from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 14th. Finally, Barclays upped their price target on Zeta Global from $28.00 to $32.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 13th. Four analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Zeta Global presently has an average rating of “Moderate Buy” and a consensus price target of $37.43.

Zeta Global Stock Down 4.7 %

Shares of NYSE ZETA opened at $20.61 on Wednesday. Zeta Global Holdings Corp. has a 1 year low of $9.97 and a 1 year high of $38.20. The firm has a market cap of $4.89 billion, a price-to-earnings ratio of -29.45, a PEG ratio of 1.65 and a beta of 1.17. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32. The stock’s 50-day simple moving average is $19.46 and its 200-day simple moving average is $23.86.

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.