Brokerages Set Zeta Global Holdings Corp. (NYSE:ZETA) PT at $29.00

Zeta Global Holdings Corp. (NYSE:ZETA) has been assigned a consensus rating of “Moderate Buy” from the thirteen research firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $29.00.

Several equities analysts have issued reports on ZETA shares. B. Riley Financial boosted their price target on Zeta Global from $29.00 to $30.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zeta Global in a research report on Wednesday, January 21st. William Blair reiterated an “outperform” rating on shares of Zeta Global in a research note on Monday, November 24th. Citigroup began coverage on shares of Zeta Global in a research report on Friday, November 21st. They set a “buy” rating and a $26.00 target price on the stock. Finally, Bank of America raised their price target on shares of Zeta Global from $28.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, November 25th.

Zeta Global Stock Down 0.4%

Shares of NYSE:ZETA opened at $18.84 on Wednesday. The business’s 50-day moving average is $19.13 and its 200-day moving average is $19.06. Zeta Global has a 1 year low of $10.69 and a 1 year high of $24.90. The company has a market capitalization of $4.53 billion, a price-to-earnings ratio of -125.59, a P/E/G ratio of 2.21 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.

Insider Activity at Zeta Global

In other news, Director Jeanine Silberblatt sold 12,990 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $19.34, for a total value of $251,226.60. Following the completion of the sale, the director directly owned 57,850 shares in the company, valued at $1,118,819. This trade represents a 18.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 13.02% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in 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 valued at $242,000 after acquiring an additional 560 shares during the period. Verus Capital Partners LLC raised its position in shares of Zeta Global by 1.2% during the fourth quarter. Verus Capital Partners LLC now owns 49,100 shares of the company’s stock worth $999,000 after purchasing an additional 600 shares during the period. Palouse Capital Management Inc. raised its position in shares of Zeta Global by 6.1% during the second quarter. Palouse Capital Management Inc. now owns 10,794 shares of the company’s stock worth $167,000 after purchasing an additional 619 shares during the period. Advisors Asset Management Inc. lifted its holdings in shares of Zeta Global by 15.3% in the 2nd quarter. Advisors Asset Management Inc. now owns 5,281 shares of the company’s stock worth $82,000 after purchasing an additional 702 shares in the last quarter. Finally, SlateStone Wealth LLC lifted its holdings in shares of Zeta Global by 3.9% in the 4th quarter. SlateStone Wealth LLC now owns 19,801 shares of the company’s stock worth $403,000 after purchasing an additional 750 shares in the last quarter. Institutional investors own 87.75% of the company’s stock.

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.