RPG Investment Advisory LLC Raises Stock Position in Zeta Global Holdings Corp. $ZETA

RPG Investment Advisory LLC grew its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 25.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 741,225 shares of the company’s stock after acquiring an additional 148,484 shares during the period. Zeta Global comprises approximately 1.7% of RPG Investment Advisory LLC’s investment portfolio, making the stock its 22nd biggest holding. RPG Investment Advisory LLC’s holdings in Zeta Global were worth $15,084,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the company. Mackenzie Financial Corp grew its stake in Zeta Global by 4.8% in the third quarter. Mackenzie Financial Corp now owns 12,195 shares of the company’s stock worth $242,000 after purchasing an additional 560 shares in the last quarter. D.A. Davidson & CO. raised its position in Zeta Global by 1.2% during the 3rd quarter. D.A. Davidson & CO. now owns 66,462 shares of the company’s stock valued at $1,321,000 after purchasing an additional 799 shares in the last quarter. Principal Financial Group Inc. raised its position in Zeta Global by 6.5% during the 3rd quarter. Principal Financial Group Inc. now owns 14,264 shares of the company’s stock valued at $283,000 after purchasing an additional 874 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Zeta Global by 3.6% in the 3rd quarter. Blue Trust Inc. now owns 25,075 shares of the company’s stock worth $498,000 after buying an additional 877 shares during the period. Finally, M&T Bank Corp lifted its holdings in shares of Zeta Global by 5.9% in the 2nd quarter. M&T Bank Corp now owns 17,086 shares of the company’s stock worth $264,000 after buying an additional 959 shares during the period. Hedge funds and other institutional investors own 87.75% of the company’s stock.

Analyst Ratings Changes

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

Zeta Global Stock Performance

ZETA stock opened at $15.80 on Friday. Zeta Global Holdings Corp. has a one year low of $10.69 and a one year high of $24.90. The firm has a market cap of $3.86 billion, a price-to-earnings ratio of -105.31, a PEG ratio of 1.85 and a beta of 1.28. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.60 and a current ratio of 1.60. The firm has a 50-day simple moving average of $17.19 and a two-hundred day simple moving average of $18.70.

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

Zeta Global Company Profile

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.