886,842 Shares in Zeta Global Holdings Corp. (NYSE:ZETA) Bought by Battery Management Corp.

Battery Management Corp. purchased a new position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 886,842 shares of the company’s stock, valued at approximately $15,954,000. Zeta Global makes up approximately 2.0% of Battery Management Corp.’s holdings, making the stock its 6th biggest holding. Battery Management Corp. owned 0.37% of Zeta Global at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. JPMorgan Chase & Co. boosted its position in Zeta Global by 31.0% in the third quarter. JPMorgan Chase & Co. now owns 1,240,872 shares of the company’s stock worth $37,015,000 after purchasing an additional 293,583 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Zeta Global by 31.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,742,555 shares of the company’s stock worth $51,980,000 after purchasing an additional 413,577 shares during the last quarter. Hodges Capital Management Inc. lifted its position in shares of Zeta Global by 163.1% during the 4th quarter. Hodges Capital Management Inc. now owns 433,473 shares of the company’s stock valued at $7,798,000 after buying an additional 268,710 shares during the last quarter. Empowered Funds LLC bought a new position in Zeta Global in the 3rd quarter worth about $5,644,000. Finally, Qsemble Capital Management LP bought a new position in shares of Zeta Global during the 3rd quarter valued at about $1,752,000. Institutional investors own 87.75% of the company’s stock.

Zeta Global Trading Up 1.6 %

NYSE ZETA opened at $17.14 on Thursday. Zeta Global Holdings Corp. has a fifty-two week low of $9.99 and a fifty-two week high of $38.20. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32. The stock has a 50 day simple moving average of $19.22 and a two-hundred day simple moving average of $23.58. The stock has a market cap of $4.07 billion, a P/E ratio of -24.48, a price-to-earnings-growth ratio of 1.65 and a beta of 1.17.

Analyst Ratings Changes

Several brokerages have recently commented on ZETA. B. Riley reiterated a “buy” rating and set a $44.00 price objective on shares of Zeta Global in a research report on Wednesday, February 26th. Oppenheimer increased their price objective on Zeta Global from $33.00 to $42.00 and gave the company an “outperform” rating in a research report on Tuesday, November 12th. The Goldman Sachs Group reduced their price objective on Zeta Global from $30.00 to $27.00 and set a “neutral” rating on the stock in a research report on Tuesday. Barclays reduced their price objective on Zeta Global from $32.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 27th. Finally, Canaccord Genuity Group restated a “buy” rating and set a $28.00 target price on shares of Zeta Global in a report on Wednesday, February 26th. Four equities 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 stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $36.86.

Zeta Global Company Profile

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.