Zeta Global Holdings Corp. (NYSE:ZETA) Shares Sold by Corebridge Financial Inc.

Corebridge Financial Inc. reduced its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 7.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 88,861 shares of the company’s stock after selling 6,707 shares during the period. Corebridge Financial Inc.’s holdings in Zeta Global were worth $1,599,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of Zeta Global by 2.3% during the 4th quarter. Vanguard Group Inc. now owns 22,177,591 shares of the company’s stock valued at $398,975,000 after purchasing an additional 489,499 shares in the last quarter. Lord Abbett & CO. LLC boosted its holdings in Zeta Global by 85.0% during the third quarter. Lord Abbett & CO. LLC now owns 5,710,081 shares of the company’s stock worth $170,332,000 after buying an additional 2,623,980 shares in the last quarter. Geode Capital Management LLC grew its position in Zeta Global by 18.8% in the third quarter. Geode Capital Management LLC now owns 4,266,679 shares of the company’s stock worth $127,302,000 after buying an additional 674,192 shares during the last quarter. State Street Corp increased its holdings in shares of Zeta Global by 12.2% in the third quarter. State Street Corp now owns 4,187,052 shares of the company’s stock valued at $124,900,000 after buying an additional 455,944 shares in the last quarter. Finally, FMR LLC lifted its position in shares of Zeta Global by 84,132.4% during the 3rd quarter. FMR LLC now owns 3,561,347 shares of the company’s stock valued at $106,235,000 after acquiring an additional 3,557,119 shares during the last quarter. 87.75% of the stock is currently owned by institutional investors.

Zeta Global Trading Up 3.8 %

NYSE ZETA opened at $14.57 on Thursday. The firm’s fifty day simple moving average is $17.72 and its 200-day simple moving average is $22.05. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41. Zeta Global Holdings Corp. has a 1-year low of $10.46 and a 1-year high of $38.20. The company has a market capitalization of $3.46 billion, a PE ratio of -20.81, a price-to-earnings-growth ratio of 1.65 and a beta of 1.18.

Analyst Ratings Changes

ZETA has been the topic of a number of recent research reports. Canaccord Genuity Group restated a “buy” rating and issued a $28.00 target price on shares of Zeta Global in a report on Wednesday, February 26th. William Blair reissued an “outperform” rating on shares of Zeta Global in a research note on Wednesday, February 26th. The Goldman Sachs Group reduced 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 note on Tuesday, March 4th. Needham & Company LLC reissued a “buy” rating and issued a $43.00 target price on shares of Zeta Global in a research report on Wednesday, February 26th. Finally, Royal Bank of Canada cut their price target on shares of Zeta Global from $43.00 to $40.00 and set an “outperform” rating on the stock in a report on Friday, January 3rd. Four equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $36.86.

Zeta Global Company 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.