Vanguard Group Inc. Has $469.09 Million Holdings in Zeta Global Holdings Corp. $ZETA

Vanguard Group Inc. raised its holdings in Zeta Global Holdings Corp. (NYSE:ZETA) by 6.1% in the fourth quarter, Holdings Channel reports. The fund owned 23,051,314 shares of the company’s stock after acquiring an additional 1,325,717 shares during the period. Vanguard Group Inc. owned 0.10% of Zeta Global worth $469,094,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Mackenzie Financial Corp increased its stake in Zeta Global by 4.8% during the 3rd 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 holdings in shares of Zeta Global by 1.2% during the third quarter. D.A. Davidson & CO. now owns 66,462 shares of the company’s stock worth $1,321,000 after acquiring an additional 799 shares during the period. Principal Financial Group Inc. boosted its stake in Zeta Global by 6.5% in the 3rd quarter. Principal Financial Group Inc. now owns 14,264 shares of the company’s stock worth $283,000 after purchasing an additional 874 shares during the period. M&T Bank Corp increased its holdings in Zeta Global by 5.9% during the 2nd quarter. M&T Bank Corp now owns 17,086 shares of the company’s stock worth $264,000 after purchasing an additional 959 shares in the last quarter. Finally, CWM LLC raised its stake in shares of Zeta Global by 12.6% in the 4th quarter. CWM LLC now owns 8,890 shares of the company’s stock valued at $181,000 after purchasing an additional 992 shares during the period. Institutional investors own 87.75% of the company’s stock.

Zeta Global Price Performance

Shares of ZETA opened at $17.86 on Wednesday. The company has a current ratio of 2.07, a quick ratio of 1.60 and a debt-to-equity ratio of 0.22. The company’s fifty day simple moving average is $17.10 and its 200 day simple moving average is $18.26. Zeta Global Holdings Corp. has a 1-year low of $12.10 and a 1-year high of $24.90. The company has a market cap of $4.36 billion, a price-to-earnings ratio of -162.35, a PEG ratio of 2.12 and a beta of 1.29.

Zeta Global (NYSE:ZETA) last announced its quarterly earnings results on Tuesday, February 24th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.05. Zeta Global had a negative net margin of 1.62% and a positive return on equity of 2.91%. The firm had revenue of $394.64 million during the quarter, compared to analysts’ expectations of $378.09 million. During the same quarter last year, the company posted $0.06 earnings per share. The company’s revenue for the quarter was up 25.4% compared to the same quarter last year. On average, research analysts forecast that Zeta Global Holdings Corp. will post 0.27 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ZETA has been the subject of several recent research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zeta Global in a research report on Monday, April 20th. KeyCorp raised shares of Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 price objective on the stock in a research report on Tuesday, April 28th. Wall Street Zen raised shares of Zeta Global from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. The Goldman Sachs Group increased their price objective on shares of Zeta Global from $23.00 to $26.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. Finally, DA Davidson raised their price objective on Zeta Global from $29.00 to $30.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Ten research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Zeta Global presently has a consensus rating of “Moderate Buy” and an average price target of $28.33.

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.