US Bancorp DE Boosts Stake in Zeta Global Holdings Corp. (NYSE:ZETA)

US Bancorp DE lifted its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 25.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,150 shares of the company’s stock after purchasing an additional 2,047 shares during the period. US Bancorp DE’s holdings in Zeta Global were worth $303,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Juncture Wealth Strategies LLC lifted its position in shares of Zeta Global by 3.1% during the third quarter. Juncture Wealth Strategies LLC now owns 21,226 shares of the company’s stock worth $633,000 after purchasing an additional 634 shares during the last quarter. Essex Investment Management Co. LLC lifted its holdings in Zeta Global by 0.3% in the third quarter. Essex Investment Management Co. LLC now owns 306,305 shares of the company’s stock worth $9,137,000 after acquiring an additional 856 shares during the last quarter. Wolff Wiese Magana LLC bought a new position in Zeta Global in the third quarter worth about $26,000. Amalgamated Bank lifted its holdings in Zeta Global by 20.0% in the second quarter. Amalgamated Bank now owns 5,691 shares of the company’s stock worth $100,000 after acquiring an additional 948 shares during the last quarter. Finally, Arizona State Retirement System lifted its holdings in Zeta Global by 4.6% in the second quarter. Arizona State Retirement System now owns 45,060 shares of the company’s stock worth $795,000 after acquiring an additional 1,980 shares during the last quarter. Institutional investors own 75.82% of the company’s stock.

Analysts Set New Price Targets

ZETA has been the topic of a number of recent research reports. Roth Mkm raised their target price on shares of Zeta Global from $33.00 to $44.00 and gave the stock a “buy” rating in a report on Tuesday, October 1st. Barclays raised their target price on shares of Zeta Global from $28.00 to $32.00 and gave the stock an “equal weight” rating in a report on Wednesday. DA Davidson raised their target price on shares of Zeta Global from $39.00 to $42.00 and gave the stock a “buy” rating in a report on Tuesday. Canaccord Genuity Group raised their price target on shares of Zeta Global from $35.00 to $42.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, KeyCorp began coverage on shares of Zeta Global in a research note on Tuesday, October 22nd. They issued an “overweight” rating and a $40.00 price target on the stock. Two investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Zeta Global has a consensus rating of “Buy” and an average target price of $40.23.

Zeta Global Trading Down 37.2 %

Zeta Global stock opened at $17.73 on Thursday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.98 and a current ratio of 1.98. The firm has a market cap of $3.90 billion, a price-to-earnings ratio of -25.33 and a beta of 1.29. Zeta Global Holdings Corp. has a 1 year low of $7.65 and a 1 year high of $38.20. The firm’s 50 day moving average price is $28.90 and its two-hundred day moving average price is $22.48.

Zeta Global (NYSE:ZETA) last posted its quarterly earnings data on Monday, November 11th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.26). Zeta Global had a negative return on equity of 61.25% and a negative net margin of 13.35%. The firm had revenue of $268.30 million during the quarter, compared to analyst estimates of $252.68 million. During the same period in the prior year, the business posted ($0.27) EPS. The company’s revenue for the quarter was up 42.0% on a year-over-year basis. On average, research analysts predict that Zeta Global Holdings Corp. will post -0.45 EPS for the current fiscal year.

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.