Verus Capital Partners LLC Invests $855,000 in Zeta Global Holdings Corp. (NYSE:ZETA)

Verus Capital Partners LLC purchased a new stake in Zeta Global Holdings Corp. (NYSE:ZETA) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 47,540 shares of the company’s stock, valued at approximately $855,000.

Other large investors have also recently bought and sold shares of the company. Creative Planning acquired a new stake in shares of Zeta Global in the 3rd quarter valued at $696,000. Raymond James & Associates lifted its holdings in Zeta Global by 35.5% during the 3rd quarter. Raymond James & Associates now owns 107,406 shares of the company’s stock valued at $3,204,000 after purchasing an additional 28,117 shares during the last quarter. US Bancorp DE boosted its position in Zeta Global by 25.3% in the third quarter. US Bancorp DE now owns 10,150 shares of the company’s stock valued at $303,000 after buying an additional 2,047 shares in the last quarter. Stephens Investment Management Group LLC bought a new stake in Zeta Global during the third quarter worth about $7,676,000. Finally, Stephens Inc. AR acquired a new stake in shares of Zeta Global during the third quarter worth approximately $1,634,000. 87.75% of the stock is currently owned by institutional investors.

Zeta Global Stock Performance

ZETA stock opened at $17.24 on Friday. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41. Zeta Global Holdings Corp. has a twelve month low of $9.97 and a twelve month high of $38.20. The business’s fifty day moving average is $19.33 and its 200-day moving average is $23.73. The company has a market cap of $4.09 billion, a P/E ratio of -24.62, a price-to-earnings-growth ratio of 1.65 and a beta of 1.17.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Craig Hallum increased their price target on Zeta Global from $37.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. William Blair restated an “outperform” rating on shares of Zeta Global in a report on Wednesday. B. Riley reaffirmed a “buy” rating and issued a $44.00 price target on shares of Zeta Global in a report on Wednesday. Royal Bank of Canada decreased their price objective on shares of Zeta Global from $43.00 to $40.00 and set an “outperform” rating on the stock in a report on Friday, January 3rd. Finally, KeyCorp cut shares of Zeta Global from an “overweight” rating to a “sector weight” rating in a research report on Thursday, November 14th. Four research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $37.07.

About Zeta Global

Zeta Global Holdings Corp. operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally. The company’s Zeta Marketing Platform analyzes billions of structured and unstructured data points to predict consumer intent by leveraging sophisticated machine learning algorithms and the industry’s opted-in data set for omnichannel marketing; and Consumer Data platform ingests, analyzes, and distills disparate data points to generate a single view of a consumer, encompassing identity, profile characteristics, behaviors, and purchase intent.