Teza Capital Management LLC Makes New Investment in Zeta Global Holdings Corp. (NYSE:ZETA)

Teza Capital Management LLC purchased a new stake in Zeta Global Holdings Corp. (NYSE:ZETA) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 12,179 shares of the company’s stock, valued at approximately $219,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Optiver Holding B.V. grew its holdings in Zeta Global by 60.9% during the fourth quarter. Optiver Holding B.V. now owns 1,406 shares of the company’s stock valued at $25,000 after purchasing an additional 532 shares during the period. Rakuten Securities Inc. bought a new position in shares of Zeta Global during the fourth quarter worth $27,000. Coppell Advisory Solutions LLC boosted its position in shares of Zeta Global by 244.1% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,693 shares of the company’s stock worth $31,000 after purchasing an additional 1,201 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Zeta Global in the 4th quarter valued at $33,000. Finally, Point72 Hong Kong Ltd bought a new stake in shares of Zeta Global in the 4th quarter valued at $33,000. 87.75% of the stock is currently owned by institutional investors.

Zeta Global Trading Down 3.6%

Shares of NYSE:ZETA opened at $13.17 on Thursday. Zeta Global Holdings Corp. has a 52-week low of $10.69 and a 52-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 market capitalization of $3.10 billion, a P/E ratio of -18.82, a price-to-earnings-growth ratio of 1.65 and a beta of 1.29. The company has a 50-day simple moving average of $13.24 and a 200 day simple moving average of $17.97.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ZETA shares. Needham & Company LLC decreased their target price on Zeta Global from $43.00 to $25.00 and set a “buy” rating for the company in a research note on Friday, May 2nd. B. Riley lowered their target price on Zeta Global from $44.00 to $29.00 and set a “buy” rating for the company in a research note on Tuesday, April 22nd. Canaccord Genuity Group dropped their target price on shares of Zeta Global from $28.00 to $26.00 and set a “buy” rating on the stock in a report on Friday, May 2nd. Morgan Stanley reduced their price target on shares of Zeta Global from $25.00 to $15.00 and set an “equal weight” rating for the company in a report on Wednesday, April 16th. Finally, William Blair restated an “outperform” rating on shares of Zeta Global in a report on Wednesday, February 26th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.36.

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.