Teacher Retirement System of Texas Makes New $360,000 Investment in Zeta Global Holdings Corp. (NYSE:ZETA)

Teacher Retirement System of Texas purchased a new position in Zeta Global Holdings Corp. (NYSE:ZETA) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 26,528 shares of the company’s stock, valued at approximately $360,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of ZETA. Optiver Holding B.V. grew its position in Zeta Global by 60.9% in the 4th quarter. Optiver Holding B.V. now owns 1,406 shares of the company’s stock worth $25,000 after purchasing an additional 532 shares during the last quarter. Bartlett & CO. Wealth Management LLC bought a new position in shares of Zeta Global during the 1st quarter worth about $27,000. Coppell Advisory Solutions LLC lifted its holdings in shares of Zeta Global by 244.1% during the 4th 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 during the period. Point72 Hong Kong Ltd bought a new position in shares of Zeta Global during the 4th quarter worth about $33,000. Finally, Heck Capital Advisors LLC bought a new position in shares of Zeta Global during the 4th quarter worth about $66,000. 87.75% of the stock is currently owned by institutional investors and hedge funds.

Zeta Global Stock Performance

Shares of ZETA stock opened at $15.62 on Friday. The company’s fifty day simple moving average is $14.10 and its 200-day simple moving average is $15.49. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.29. The firm has a market cap of $3.68 billion, a PE ratio of -53.86, a P/E/G ratio of 34.99 and a beta of 1.29. Zeta Global Holdings Corp. has a 12 month low of $10.69 and a 12 month high of $38.20.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Needham & Company LLC reduced their price objective on shares of Zeta Global from $43.00 to $25.00 and set a “buy” rating for the company in a report on Friday, May 2nd. Morgan Stanley cut their price target on shares of Zeta Global from $25.00 to $15.00 and set an “equal weight” rating for the company in a report on Wednesday, April 16th. The Goldman Sachs Group cut their price target on shares of Zeta Global from $27.00 to $16.00 and set a “neutral” rating for the company in a report on Monday, May 5th. Truist Financial cut their price target on shares of Zeta Global from $42.00 to $34.00 and set a “buy” rating for the company in a report on Wednesday, April 16th. Finally, Royal Bank Of Canada cut their price target 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 investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $30.36.

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.