Fulcrum Asset Management LLP Sells 72,170 Shares of Zeta Global Holdings Corp. $ZETA

Fulcrum Asset Management LLP lowered its holdings in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 85.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,958 shares of the company’s stock after selling 72,170 shares during the quarter. Fulcrum Asset Management LLP’s holdings in Zeta Global were worth $238,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Disciplined Growth Investors Inc. MN bought a new stake in Zeta Global during the third quarter valued at approximately $121,502,000. Greenvale Capital LLP increased its holdings in Zeta Global by 178.0% during the second quarter. Greenvale Capital LLP now owns 6,951,181 shares of the company’s stock valued at $107,674,000 after buying an additional 4,451,181 shares during the last quarter. Marshall Wace LLP raised its position in Zeta Global by 857.2% in the second quarter. Marshall Wace LLP now owns 2,679,321 shares of the company’s stock worth $41,503,000 after acquiring an additional 2,399,408 shares during the period. Norges Bank bought a new position in Zeta Global in the second quarter worth approximately $33,474,000. Finally, Stephens Investment Management Group LLC boosted its stake in shares of Zeta Global by 92.8% during the 3rd quarter. Stephens Investment Management Group LLC now owns 1,802,642 shares of the company’s stock worth $35,818,000 after acquiring an additional 867,540 shares during the last quarter. Institutional investors own 87.75% of the company’s stock.

Zeta Global Stock Performance

Shares of NYSE ZETA opened at $18.06 on Wednesday. The stock has a market cap of $4.41 billion, a PE ratio of -120.37, a price-to-earnings-growth ratio of 2.10 and a beta of 1.28. Zeta Global Holdings Corp. has a 1 year low of $10.69 and a 1 year high of $24.90. The firm has a fifty day moving average price of $18.73 and a 200-day moving average price of $18.99. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.60 and a quick ratio of 1.60.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on ZETA shares. B. Riley Financial boosted their price objective on shares of Zeta Global from $29.00 to $30.00 and gave the company a “buy” rating in a research report on Tuesday, November 25th. Bank of America raised their target price on Zeta Global from $28.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, November 25th. DA Davidson boosted their price target on Zeta Global from $29.00 to $30.00 and gave the company a “buy” rating in a report on Thursday, February 26th. The Goldman Sachs Group upped their price target on Zeta Global from $23.00 to $26.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zeta Global in a research note on Wednesday, January 21st. Nine 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 data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $29.00.

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.