Zeta Global Holdings Corp. (NYSE:ZETA) Shares Bought by US Bancorp DE

US Bancorp DE grew its holdings in Zeta Global Holdings Corp. (NYSE:ZETA) by 246.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 35,209 shares of the company’s stock after purchasing an additional 25,059 shares during the quarter. US Bancorp DE’s holdings in Zeta Global were worth $633,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in ZETA. Lord Abbett & CO. LLC lifted its position in Zeta Global by 85.0% during the 3rd quarter. Lord Abbett & CO. LLC now owns 5,710,081 shares of the company’s stock worth $170,332,000 after acquiring an additional 2,623,980 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Zeta Global by 18.8% during the third quarter. Geode Capital Management LLC now owns 4,266,679 shares of the company’s stock worth $127,302,000 after purchasing an additional 674,192 shares in the last quarter. State Street Corp boosted its stake in shares of Zeta Global by 12.2% in the third quarter. State Street Corp now owns 4,187,052 shares of the company’s stock valued at $124,900,000 after purchasing an additional 455,944 shares during the period. FMR LLC grew its holdings in Zeta Global by 84,132.4% during the 3rd quarter. FMR LLC now owns 3,561,347 shares of the company’s stock valued at $106,235,000 after purchasing an additional 3,557,119 shares in the last quarter. Finally, Summit Partners Public Asset Management LLC increased its stake in Zeta Global by 210.4% during the 3rd quarter. Summit Partners Public Asset Management LLC now owns 2,513,494 shares of the company’s stock worth $74,978,000 after buying an additional 1,703,679 shares during the period. Institutional investors and hedge funds own 87.75% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on ZETA shares. Barclays decreased their price objective on shares of Zeta Global from $32.00 to $18.00 and set an “equal weight” rating for the company in a research report on Thursday, February 27th. DA Davidson increased their price target on Zeta Global from $39.00 to $42.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. The Goldman Sachs Group dropped their price objective on Zeta Global from $30.00 to $27.00 and set a “neutral” rating on the stock in a report on Tuesday, March 4th. Truist Financial reiterated a “buy” rating and set a $42.00 target price (up from $35.00) on shares of Zeta Global in a research note on Tuesday, November 12th. Finally, Needham & Company LLC restated a “buy” rating and issued a $43.00 price target on shares of Zeta Global in a research note on Wednesday, February 26th. Four investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $36.86.

Zeta Global Price Performance

Shares of NYSE:ZETA opened at $14.32 on Wednesday. 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 firm has a 50-day simple moving average of $18.97 and a 200 day simple moving average of $23.31. Zeta Global Holdings Corp. has a fifty-two week low of $10.13 and a fifty-two week high of $38.20. The company has a market cap of $3.40 billion, a PE ratio of -20.45, a P/E/G ratio of 1.65 and a beta of 1.18.

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.