Themes Management Co LLC Acquires Shares of 60,402 Zeta Global Holdings Corp. $ZETA

Themes Management Co LLC acquired a new stake in Zeta Global Holdings Corp. (NYSE:ZETA) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 60,402 shares of the company’s stock, valued at approximately $1,229,000.

Several other institutional investors also recently bought and sold shares of ZETA. Cornerstone Planning Group LLC boosted its stake in shares of Zeta Global by 3,150.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 1,300 shares of the company’s stock worth $26,000 after acquiring an additional 1,260 shares during the last quarter. Binnacle Investments Inc acquired a new stake in shares of Zeta Global in the third quarter worth approximately $30,000. United Community Bank acquired a new stake in shares of Zeta Global in the fourth quarter worth approximately $31,000. National Bank of Canada FI boosted its stake in shares of Zeta Global by 223.1% in the third quarter. National Bank of Canada FI now owns 1,835 shares of the company’s stock worth $36,000 after acquiring an additional 1,267 shares during the last quarter. Finally, Optiver Holding B.V. boosted its stake in shares of Zeta Global by 97.1% in the third quarter. Optiver Holding B.V. now owns 2,940 shares of the company’s stock worth $58,000 after acquiring an additional 1,448 shares during the last quarter. 87.75% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Bank of America assumed coverage on Zeta Global in a research note on Tuesday, May 19th. They issued a “buy” rating and a $24.00 price target on the stock. Royal Bank Of Canada lifted their price target on Zeta Global from $27.00 to $29.00 and gave the stock an “outperform” rating in a research note on Friday, May 1st. The Goldman Sachs Group lifted their price target on Zeta Global from $23.00 to $26.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zeta Global in a research note on Monday, April 20th. Finally, DA Davidson lifted their price target on Zeta Global from $29.00 to $30.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Ten analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $27.83.

Zeta Global Stock Performance

NYSE ZETA opened at $18.79 on Tuesday. The stock’s fifty day moving average is $17.00 and its two-hundred day moving average is $18.20. The firm has a market capitalization of $4.59 billion, a P/E ratio of -170.77, a price-to-earnings-growth ratio of 2.93 and a beta of 1.29. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.07 and a current ratio of 2.07. Zeta Global Holdings Corp. has a fifty-two week low of $12.10 and a fifty-two week high of $24.90.

Zeta Global (NYSE:ZETA) last released its quarterly earnings data on Tuesday, February 24th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.05. The company had revenue of $394.64 million for the quarter, compared to analyst estimates of $378.09 million. Zeta Global had a positive return on equity of 2.91% and a negative net margin of 1.62%.The firm’s revenue for the quarter was up 25.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.06 earnings per share. On average, research analysts anticipate that Zeta Global Holdings Corp. will post 0.21 earnings per share for the current year.

Zeta Global 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.