Zeta Global Holdings Corp. $ZETA Position Boosted by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky raised its position in Zeta Global Holdings Corp. (NYSE:ZETA) by 55.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,593 shares of the company’s stock after purchasing an additional 29,665 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Zeta Global were worth $1,661,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Elo Mutual Pension Insurance Co bought a new stake in shares of Zeta Global in the third quarter valued at approximately $379,000. William Blair Investment Management LLC raised its position in Zeta Global by 11.9% in the 3rd quarter. William Blair Investment Management LLC now owns 1,396,797 shares of the company’s stock worth $27,754,000 after purchasing an additional 148,927 shares during the last quarter. Aster Capital Management DIFC Ltd boosted its holdings in Zeta Global by 9,542.0% in the third quarter. Aster Capital Management DIFC Ltd now owns 20,441 shares of the company’s stock valued at $406,000 after acquiring an additional 20,229 shares during the last quarter. Handelsbanken Fonder AB grew its position in shares of Zeta Global by 20.3% during the 3rd quarter. Handelsbanken Fonder AB now owns 57,000 shares of the company’s stock worth $1,133,000 after buying an additional 9,600 shares during the period. Finally, Generali Investments Management Co LLC acquired a new position in shares of Zeta Global during the third quarter worth about $734,000. Institutional investors own 87.75% of the company’s stock.

Insiders Place Their Bets

In related news, Director Jeanine Silberblatt sold 12,990 shares of Zeta Global stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $19.34, for a total value of $251,226.60. Following the sale, the director owned 57,850 shares of the company’s stock, valued at approximately $1,118,819. The trade was a 18.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 13.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. The Goldman Sachs Group lifted their target price on Zeta Global from $23.00 to $26.00 and gave the company a “neutral” rating in a research report on Wednesday, January 28th. William Blair reissued an “outperform” rating on shares of Zeta Global in a research report on Monday, November 24th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zeta Global in a research report on Wednesday, January 21st. DA Davidson boosted their target price on Zeta Global from $29.00 to $30.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Finally, Needham & Company LLC reissued a “buy” rating on shares of Zeta Global in a research report on Tuesday, November 25th. Nine research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $29.00.

Zeta Global Trading Up 0.9%

NYSE ZETA opened at $18.93 on Friday. The business has a 50 day simple moving average of $19.16 and a 200 day simple moving average of $19.06. Zeta Global Holdings Corp. has a one year low of $10.69 and a one year high of $24.90. The stock has a market capitalization of $4.55 billion, a P/E ratio of -126.19, a P/E/G ratio of 2.20 and a beta of 1.28. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.60 and a quick ratio of 1.60.

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.