Natixis Advisors LLC Has $276,000 Position in Zeta Global Holdings Corp. (NYSE:ZETA)

Natixis Advisors LLC lessened its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 6.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 15,319 shares of the company’s stock after selling 976 shares during the quarter. Natixis Advisors LLC’s holdings in Zeta Global were worth $276,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of ZETA. Rakuten Securities Inc. acquired a new position in Zeta Global in the 4th quarter valued at $27,000. SBI Securities Co. Ltd. acquired a new position in shares of Zeta Global in the fourth quarter valued at about $33,000. Advisors Asset Management Inc. increased its position in 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 acquiring an additional 1,136 shares during the period. Heck Capital Advisors LLC acquired a new stake in Zeta Global in the 4th quarter worth about $66,000. Finally, IFP Advisors Inc bought a new stake in Zeta Global in the 4th quarter valued at about $72,000. Institutional investors own 87.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Needham & Company LLC reiterated a “buy” rating and issued a $43.00 price target on shares of Zeta Global in a research report on Wednesday, February 26th. Royal Bank of Canada dropped their price objective on Zeta Global from $43.00 to $40.00 and set an “outperform” rating for the company in a report on Friday, January 3rd. Morgan Stanley increased their target price on Zeta Global from $23.00 to $25.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 26th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $28.00 price target on shares of Zeta Global in a research note on Wednesday, February 26th. Finally, The Goldman Sachs Group cut their price objective on shares of Zeta Global from $30.00 to $27.00 and set a “neutral” rating for the company in a research report on Tuesday, March 4th. Four investment 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 company. According to data from MarketBeat, Zeta Global presently has an average rating of “Moderate Buy” and a consensus price target of $36.86.

Zeta Global Trading Down 4.4 %

NYSE ZETA opened at $13.74 on Friday. The company has a market cap of $3.27 billion, a price-to-earnings ratio of -19.63, a price-to-earnings-growth ratio of 1.65 and a beta of 1.18. Zeta Global Holdings Corp. has a twelve month low of $10.30 and a twelve month high of $38.20. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41. The business’s fifty day moving average is $18.00 and its 200 day moving average is $22.33.

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.