Charles Schwab Investment Management Inc. Has $33.09 Million Holdings in Zeta Global Holdings Corp. (NYSE:ZETA)

Charles Schwab Investment Management Inc. lifted its stake in Zeta Global Holdings Corp. (NYSE:ZETA) by 5.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,839,195 shares of the company’s stock after purchasing an additional 96,640 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Zeta Global were worth $33,087,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. SBI Securities Co. Ltd. acquired a new stake in Zeta Global during the fourth quarter worth about $33,000. Advisors Asset Management Inc. lifted its holdings in shares of Zeta Global by 104.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 2,227 shares of the company’s stock worth $66,000 after acquiring an additional 1,136 shares during the period. Heck Capital Advisors LLC acquired a new stake in shares of Zeta Global during the 4th quarter worth approximately $66,000. IFP Advisors Inc bought a new position in Zeta Global in the fourth quarter valued at approximately $72,000. Finally, Transcendent Capital Group LLC bought a new position in Zeta Global in the fourth quarter valued at approximately $87,000. 87.75% of the stock is currently owned by institutional investors.

Zeta Global Trading Up 1.5 %

NYSE ZETA opened at $13.91 on Monday. The stock has a market capitalization of $3.31 billion, a price-to-earnings ratio of -19.87, a PEG ratio of 1.65 and a beta of 1.18. The business’s fifty day moving average is $18.70 and its 200-day moving average is $23.07. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.32 and a quick ratio of 3.32. Zeta Global Holdings Corp. has a one year low of $10.28 and a one year high of $38.20.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Morgan Stanley raised their target price on Zeta Global from $23.00 to $25.00 and gave the company an “equal weight” rating in a report on Wednesday, February 26th. The Goldman Sachs Group reduced their price objective on Zeta Global from $30.00 to $27.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 4th. Royal Bank of Canada decreased their target price on Zeta Global from $43.00 to $40.00 and set an “outperform” rating on the stock in a research report on Friday, January 3rd. Canaccord Genuity Group reissued a “buy” rating and issued a $28.00 target price on shares of Zeta Global in a report on Wednesday, February 26th. Finally, William Blair reaffirmed an “outperform” rating on shares of Zeta Global in a report on Wednesday, February 26th. Four analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Zeta Global currently has an average rating of “Moderate Buy” and a consensus price target of $36.86.

About Zeta Global

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.