Lisanti Capital Growth LLC lessened its holdings in Zeta Global Holdings Corp. (NYSE:ZETA – Free Report) by 59.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 150,350 shares of the company’s stock after selling 219,855 shares during the quarter. Lisanti Capital Growth LLC’s holdings in Zeta Global were worth $3,060,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Global Retirement Partners LLC boosted its position in Zeta Global by 500.5% in the 4th quarter. Global Retirement Partners LLC now owns 44,946 shares of the company’s stock valued at $915,000 after buying an additional 37,461 shares during the period. Fortis Group Advisors LLC boosted its position in Zeta Global by 21.1% in the 4th quarter. Fortis Group Advisors LLC now owns 87,365 shares of the company’s stock valued at $1,623,000 after buying an additional 15,194 shares during the period. Larson Financial Group LLC boosted its position in Zeta Global by 42.2% in the 4th quarter. Larson Financial Group LLC now owns 25,233 shares of the company’s stock valued at $513,000 after buying an additional 7,486 shares during the period. ProShare Advisors LLC boosted its position in Zeta Global by 8.2% in the 4th quarter. ProShare Advisors LLC now owns 34,461 shares of the company’s stock valued at $701,000 after buying an additional 2,597 shares during the period. Finally, Stephens Investment Management Group LLC boosted its position in Zeta Global by 13.2% in the 4th quarter. Stephens Investment Management Group LLC now owns 2,040,266 shares of the company’s stock valued at $41,519,000 after buying an additional 237,624 shares during the period. Hedge funds and other institutional investors own 87.75% of the company’s stock.
Zeta Global Price Performance
ZETA stock opened at $18.79 on Friday. Zeta Global Holdings Corp. has a 12-month low of $12.10 and a 12-month high of $24.90. The company has a market cap of $4.59 billion, a price-to-earnings ratio of -170.77, a PEG ratio of 2.93 and a beta of 1.29. The firm has a 50 day moving average of $16.99 and a 200-day moving average of $18.18. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.22.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on ZETA. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zeta Global in a research report on Monday, April 20th. Royal Bank Of Canada lifted their price objective on shares of Zeta Global from $27.00 to $29.00 and gave the stock an “outperform” rating in a research report on Friday, May 1st. B. Riley Financial reissued a “buy” rating on shares of Zeta Global in a research report on Friday, May 1st. DA Davidson boosted their price target on shares of Zeta Global from $29.00 to $30.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Finally, Wall Street Zen raised shares of Zeta Global from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Ten investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Zeta Global presently has an average rating of “Moderate Buy” and a consensus price target of $27.83.
Get Our Latest Stock Analysis on Zeta Global
Zeta Global Profile
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.
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