Proficio Capital Partners LLC Acquires Shares of 10,693 Zeta Global Holdings Corp. (NYSE:ZETA)

Proficio Capital Partners LLC bought a new position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 10,693 shares of the company’s stock, valued at approximately $192,000.

A number of other institutional investors have also recently modified their holdings of the business. SBI Securities Co. Ltd. purchased a new stake in Zeta Global in the 4th quarter worth $33,000. Advisors Asset Management Inc. increased its stake in shares of Zeta Global by 104.1% during the third quarter. Advisors Asset Management Inc. now owns 2,227 shares of the company’s stock worth $66,000 after purchasing an additional 1,136 shares in the last quarter. Heck Capital Advisors LLC acquired a new position in shares of Zeta Global during the 4th quarter worth about $66,000. IFP Advisors Inc purchased a new position in Zeta Global in the 4th quarter valued at about $72,000. Finally, Transcendent Capital Group LLC purchased a new stake in Zeta Global during the 4th quarter worth approximately $87,000. 87.75% of the stock is currently owned by institutional investors and hedge funds.

Zeta Global Stock Performance

NYSE:ZETA opened at $14.38 on Friday. Zeta Global Holdings Corp. has a fifty-two week low of $10.30 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 company has a 50 day moving average price of $18.10 and a 200 day moving average price of $22.42. The stock has a market capitalization of $3.42 billion, a P/E ratio of -20.54, a PEG ratio of 1.65 and a beta of 1.18.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. The Goldman Sachs Group dropped their price target on Zeta Global from $30.00 to $27.00 and set a “neutral” rating for the company in a research report on Tuesday, March 4th. Morgan Stanley raised their price target on shares of Zeta Global from $23.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 26th. William Blair reaffirmed an “outperform” rating on shares of Zeta Global in a research note on Wednesday, February 26th. Royal Bank of Canada lowered their target price on Zeta Global from $43.00 to $40.00 and set an “outperform” rating on the stock in a report on Friday, January 3rd. Finally, Needham & Company LLC reiterated a “buy” rating and set a $43.00 price objective on shares of Zeta Global in a research report on Wednesday, February 26th. Four analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $36.86.

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.