Natixis Advisors LLC Sells 976 Shares of Zeta Global Holdings Corp. (NYSE:ZETA)

Natixis Advisors LLC decreased its holdings in Zeta Global Holdings Corp. (NYSE:ZETA) by 6.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 15,319 shares of the company’s stock after selling 976 shares during the period. Natixis Advisors LLC’s holdings in Zeta Global were worth $276,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bleakley Financial Group LLC raised its position in shares of Zeta Global by 4.7% in the 4th quarter. Bleakley Financial Group LLC now owns 14,104 shares of the company’s stock worth $254,000 after acquiring an additional 636 shares in the last quarter. HighTower Advisors LLC increased its stake in shares of Zeta Global by 4.2% in the 3rd quarter. HighTower Advisors LLC now owns 22,383 shares of the company’s stock valued at $668,000 after acquiring an additional 892 shares in the last quarter. D.A. Davidson & CO. lifted its position in shares of Zeta Global by 1.6% during the 4th quarter. D.A. Davidson & CO. now owns 64,223 shares of the company’s stock valued at $1,155,000 after acquiring an additional 987 shares during the period. First Bank & Trust boosted its stake in Zeta Global by 10.6% during the fourth quarter. First Bank & Trust now owns 11,276 shares of the company’s stock worth $203,000 after acquiring an additional 1,083 shares in the last quarter. Finally, Advisors Asset Management Inc. grew its holdings in Zeta Global by 104.1% in the third quarter. Advisors Asset Management Inc. now owns 2,227 shares of the company’s stock worth $66,000 after purchasing an additional 1,136 shares during the period. 87.75% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on ZETA shares. B. Riley reiterated a “buy” rating and set a $44.00 price objective on shares of Zeta Global in a report on Wednesday, February 26th. Barclays dropped their price target on Zeta Global from $32.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 27th. Royal Bank of Canada reduced their price objective on Zeta Global from $43.00 to $40.00 and set an “outperform” rating for the company in a research note on Friday, January 3rd. The Goldman Sachs Group decreased their target price on shares of Zeta Global from $30.00 to $27.00 and set a “neutral” rating for the company in a research report on Tuesday, March 4th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $43.00 price objective on shares of Zeta Global in a report on Wednesday, February 26th. Four investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $36.86.

Zeta Global Trading Down 4.4 %

Shares of Zeta Global stock opened at $13.74 on Friday. The stock has a market capitalization of $3.27 billion, a P/E ratio of -19.63, 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 quick ratio of 3.32 and a current ratio of 3.32. The stock’s 50-day simple moving average is $18.00 and its 200 day simple moving average is $22.33. Zeta Global Holdings Corp. has a 52-week low of $10.30 and a 52-week high of $38.20.

Zeta Global Company 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.