Stratos Wealth Partners LTD. Decreases Position in Zeta Global Holdings Corp. (NYSE:ZETA)

Stratos Wealth Partners LTD. decreased its position in Zeta Global Holdings Corp. (NYSE:ZETA) by 52.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,523 shares of the company’s stock after selling 28,248 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Zeta Global were worth $346,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Optiver Holding B.V. boosted its stake in shares of Zeta Global by 60.9% during the 4th quarter. Optiver Holding B.V. now owns 1,406 shares of the company’s stock valued at $25,000 after purchasing an additional 532 shares in the last quarter. Summit Investment Advisors Inc. boosted its stake in Zeta Global by 3.3% during the fourth quarter. Summit Investment Advisors Inc. now owns 18,698 shares of the company’s stock worth $336,000 after acquiring an additional 592 shares in the last quarter. Coppell Advisory Solutions LLC boosted its stake in Zeta Global by 244.1% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,693 shares of the company’s stock worth $31,000 after acquiring an additional 1,201 shares in the last quarter. Xponance Inc. boosted its stake in Zeta Global by 10.9% during the fourth quarter. Xponance Inc. now owns 13,897 shares of the company’s stock worth $250,000 after acquiring an additional 1,365 shares in the last quarter. Finally, Vontobel Holding Ltd. boosted its stake in Zeta Global by 4.9% during the first quarter. Vontobel Holding Ltd. now owns 38,376 shares of the company’s stock worth $520,000 after acquiring an additional 1,776 shares in the last quarter. Hedge funds and other institutional investors own 87.75% of the company’s stock.

Analysts Set New Price Targets

ZETA has been the topic of several research reports. B. Riley dropped their price objective on shares of Zeta Global from $44.00 to $29.00 and set a “buy” rating on the stock in a research note on Tuesday, April 22nd. The Goldman Sachs Group dropped their target price on shares of Zeta Global from $27.00 to $16.00 and set a “neutral” rating on the stock in a research note on Monday, May 5th. Morgan Stanley dropped their target price on shares of Zeta Global from $25.00 to $15.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 16th. Needham & Company LLC dropped their target price on shares of Zeta Global from $43.00 to $25.00 and set a “buy” rating on the stock in a research note on Friday, May 2nd. Finally, Royal Bank Of Canada decreased their price objective on shares of Zeta Global from $40.00 to $30.00 and set an “outperform” rating for the company in a report on Monday, April 28th. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $30.36.

Zeta Global Stock Down 0.8%

Shares of NYSE:ZETA opened at $14.03 on Wednesday. The firm’s 50-day moving average is $13.97 and its two-hundred day moving average is $15.52. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.33 and a quick ratio of 3.33. Zeta Global Holdings Corp. has a 1 year low of $10.69 and a 1 year high of $38.20. The firm has a market capitalization of $3.31 billion, a PE ratio of -48.38, a price-to-earnings-growth ratio of 31.12 and a beta of 1.29.

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.