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

US Bancorp DE raised its position in Zeta Global Holdings Corp. (NYSE:ZETA) by 246.9% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 35,209 shares of the company’s stock after purchasing an additional 25,059 shares during the period. US Bancorp DE’s holdings in Zeta Global were worth $633,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC grew its stake in Zeta Global by 3,885.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,395 shares of the company’s stock valued at $42,000 after acquiring an additional 1,360 shares during the last quarter. Covestor Ltd grew its position in shares of Zeta Global by 2,902.0% in the third quarter. Covestor Ltd now owns 1,501 shares of the company’s stock valued at $45,000 after purchasing an additional 1,451 shares during the last quarter. Advisors Asset Management Inc. grew its position in shares of Zeta Global by 104.1% in the third quarter. Advisors Asset Management Inc. now owns 2,227 shares of the company’s stock valued at $66,000 after purchasing an additional 1,136 shares during the last quarter. Heck Capital Advisors LLC purchased a new position in shares of Zeta Global during the 4th quarter worth approximately $66,000. Finally, IFP Advisors Inc acquired a new position in shares of Zeta Global during the 4th quarter worth approximately $72,000. Hedge funds and other institutional investors own 87.75% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ZETA. DA Davidson upped their price objective on Zeta Global from $39.00 to $42.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. Royal Bank of Canada cut their target price on shares of Zeta Global from $43.00 to $40.00 and set an “outperform” rating for the company in a research note on Friday, January 3rd. Needham & Company LLC reaffirmed a “buy” rating and set a $43.00 price target on shares of Zeta Global in a research note on Wednesday, February 26th. KeyCorp lowered shares of Zeta Global from an “overweight” rating to a “sector weight” rating in a research report on Thursday, November 14th. Finally, William Blair restated an “outperform” rating on shares of Zeta Global in a research report on Wednesday, February 26th. Four equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Zeta Global has a consensus rating of “Moderate Buy” and a consensus price target of $36.86.

Zeta Global Trading Up 2.0 %

Shares of ZETA opened at $14.32 on Wednesday. Zeta Global Holdings Corp. has a twelve month low of $10.13 and a twelve month high of $38.20. The firm has a market capitalization of $3.40 billion, a P/E ratio of -20.45, a price-to-earnings-growth ratio of 1.65 and a beta of 1.18. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41. The stock’s fifty day simple moving average is $18.97 and its 200 day simple moving average is $23.31.

Zeta Global 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.