SG Americas Securities LLC Grows Position in Zeta Global Holdings Corp. $ZETA

SG Americas Securities LLC raised its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 151.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 234,077 shares of the company’s stock after acquiring an additional 140,861 shares during the period. SG Americas Securities LLC’s holdings in Zeta Global were worth $4,763,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of ZETA. New York State Common Retirement Fund raised its holdings in shares of Zeta Global by 235.8% in the third quarter. New York State Common Retirement Fund now owns 684,303 shares of the company’s stock valued at $13,597,000 after purchasing an additional 480,495 shares during the last quarter. Stanley Laman Group Ltd. bought a new position in shares of Zeta Global during the third quarter valued at about $2,834,000. Stephens Investment Management Group LLC boosted its holdings in Zeta Global by 92.8% during the third quarter. Stephens Investment Management Group LLC now owns 1,802,642 shares of the company’s stock worth $35,818,000 after purchasing an additional 867,540 shares during the last quarter. Perkins Capital Management Inc. bought a new stake in Zeta Global in the 3rd quarter worth about $1,143,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH grew its position in Zeta Global by 314.1% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 134,977 shares of the company’s stock worth $2,682,000 after purchasing an additional 102,380 shares in the last quarter. 87.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on ZETA shares. Morgan Stanley lifted their target price on shares of Zeta Global from $23.00 to $27.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 15th. Wall Street Zen lowered Zeta Global from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. DA Davidson increased their price target on Zeta Global from $29.00 to $30.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zeta Global in a report on Wednesday, January 21st. Finally, The Goldman Sachs Group upped their price objective on Zeta Global from $23.00 to $26.00 and gave the company a “neutral” rating in a research note on Wednesday, January 28th. Nine equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Zeta Global presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.00.

Zeta Global Stock Down 1.1%

ZETA opened at $15.74 on Thursday. Zeta Global Holdings Corp. has a twelve month low of $10.69 and a twelve month high of $24.90. The company’s 50-day moving average price is $17.43 and its two-hundred day moving average price is $18.77. The stock has a market cap of $3.84 billion, a price-to-earnings ratio of -104.92, a PEG ratio of 1.87 and a beta of 1.28. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.24.

Zeta Global (NYSE:ZETA) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.05. The company had revenue of $394.64 million during the quarter, compared to analyst estimates of $378.09 million. Zeta Global had a negative net margin of 2.42% and a positive return on equity of 1.35%. Zeta Global’s quarterly revenue was up 25.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.06 EPS. As a group, equities analysts expect that Zeta Global Holdings Corp. will post -0.16 earnings per share for the current year.

About Zeta Global

Zeta Global, founded in 2007 and headquartered in New York City, is a leading data-driven marketing technology company. The firm’s mission centers on helping brands acquire, grow and retain customers through a unified customer lifecycle management platform. Over the years, Zeta Global has built a reputation for leveraging big data and predictive analytics to power digital marketing programs across multiple channels.

At the core of Zeta’s offering is the Zeta Marketing Platform, which combines identity resolution, audience insights and real-time engagement capabilities.