Zeta Global Holdings Corp. (NYSE:ZETA) Shares Acquired by Victory Capital Management Inc.

Victory Capital Management Inc. lifted its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 488.3% during the 4th quarter, HoldingsChannel reports. The fund owned 403,960 shares of the company’s stock after purchasing an additional 335,300 shares during the period. Victory Capital Management Inc.’s holdings in Zeta Global were worth $7,267,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of ZETA. FMR LLC boosted its stake in shares of Zeta Global by 84,132.4% during the 3rd quarter. FMR LLC now owns 3,561,347 shares of the company’s stock worth $106,235,000 after acquiring an additional 3,557,119 shares in the last quarter. Lord Abbett & CO. LLC lifted its stake in Zeta Global by 85.0% in the 3rd quarter. Lord Abbett & CO. LLC now owns 5,710,081 shares of the company’s stock valued at $170,332,000 after buying an additional 2,623,980 shares in the last quarter. Summit Partners Public Asset Management LLC lifted its stake in Zeta Global by 210.4% in the 3rd quarter. Summit Partners Public Asset Management LLC now owns 2,513,494 shares of the company’s stock valued at $74,978,000 after buying an additional 1,703,679 shares in the last quarter. Geode Capital Management LLC lifted its stake in Zeta Global by 18.8% in the 3rd quarter. Geode Capital Management LLC now owns 4,266,679 shares of the company’s stock valued at $127,302,000 after buying an additional 674,192 shares in the last quarter. Finally, Stephens Investment Management Group LLC lifted its stake in Zeta Global by 219.5% in the 4th quarter. Stephens Investment Management Group LLC now owns 822,157 shares of the company’s stock valued at $14,791,000 after buying an additional 564,830 shares in the last quarter. 87.75% of the stock is owned by hedge funds and other institutional investors.

Zeta Global Stock Up 1.5 %

Shares of NYSE ZETA opened at $13.91 on Friday. The company has a 50 day simple moving average of $18.70 and a 200-day simple moving average of $23.11. The company has a market capitalization of $3.30 billion, a P/E ratio of -19.87, a P/E/G ratio of 1.65 and a beta of 1.18. 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 1 year low of $10.13 and a 1 year high of $38.20.

Analyst Ratings Changes

A number of research analysts recently weighed in on ZETA shares. B. Riley reaffirmed a “buy” rating and issued a $44.00 price target on shares of Zeta Global in a research note on Wednesday, February 26th. Royal Bank of Canada decreased their price target on shares of Zeta Global from $43.00 to $40.00 and set an “outperform” rating on the stock in a research note on Friday, January 3rd. Morgan Stanley raised their price target on shares of Zeta Global from $23.00 to $25.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 26th. The Goldman Sachs Group decreased their price target on shares of Zeta Global from $30.00 to $27.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 4th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $43.00 price target on shares of Zeta Global in a research note on Wednesday, February 26th. Four equities research 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 data from MarketBeat.com, Zeta Global presently has a consensus rating of “Moderate Buy” and an average target price 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.