J.W. Cole Advisors Inc. Takes Position in Zeta Global Holdings Corp. $ZETA

J.W. Cole Advisors Inc. bought a new stake in Zeta Global Holdings Corp. (NYSE:ZETA) during the fourth quarter, Holdings Channel reports. The institutional investor bought 39,274 shares of the company’s stock, valued at approximately $799,000.

A number of other large investors also recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of Zeta Global by 6.1% in the 4th quarter. Vanguard Group Inc. now owns 23,051,314 shares of the company’s stock valued at $469,094,000 after purchasing an additional 1,325,717 shares during the period. Disciplined Growth Investors Inc. MN acquired a new position in Zeta Global in the third quarter worth approximately $121,502,000. Goldman Sachs Group Inc. increased its holdings in Zeta Global by 13.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 5,582,446 shares of the company’s stock worth $113,603,000 after buying an additional 673,145 shares during the last quarter. Capital World Investors increased its holdings in Zeta Global by 0.9% in the third quarter. Capital World Investors now owns 4,979,853 shares of the company’s stock worth $98,950,000 after buying an additional 44,903 shares during the last quarter. Finally, State Street Corp increased its holdings in Zeta Global by 4.8% in the second quarter. State Street Corp now owns 4,671,750 shares of the company’s stock worth $72,365,000 after buying an additional 215,932 shares during the last quarter. Institutional investors and hedge funds own 87.75% of the company’s stock.

Zeta Global Trading Down 5.2%

Shares of ZETA stock opened at $19.97 on Thursday. Zeta Global Holdings Corp. has a 12 month low of $12.10 and a 12 month high of $25.95. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.22. The business’s 50 day moving average is $18.27 and its two-hundred day moving average is $18.48. The company has a market cap of $4.98 billion, a PE ratio of -181.58, a price-to-earnings-growth ratio of 3.28 and a beta of 1.34.

Analyst Ratings Changes

A number of research firms recently commented on ZETA. Royal Bank Of Canada increased their price objective on Zeta Global from $27.00 to $29.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. DA Davidson increased their price objective on Zeta Global from $29.00 to $30.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. KeyCorp upgraded Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 price objective on the stock in a report on Tuesday, April 28th. Weiss Ratings restated a “sell (d-)” rating on shares of Zeta Global in a report on Monday, April 20th. Finally, B. Riley Financial restated a “buy” rating on shares of Zeta Global in a report on Friday, May 1st. Ten equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Zeta Global currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.83.

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.