JT Stratford LLC Makes New $245,000 Investment in Zeta Global Holdings Corp. (NYSE:ZETA)

JT Stratford LLC acquired a new position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 13,592 shares of the company’s stock, valued at approximately $245,000.

Several other institutional investors have also modified their holdings of the company. Two Sigma Advisers LP purchased a new stake in shares of Zeta Global in the fourth quarter valued at about $32,571,000. Two Sigma Investments LP increased its stake in shares of Zeta Global by 1,240.8% during the fourth quarter. Two Sigma Investments LP now owns 1,847,443 shares of the company’s stock worth $33,236,000 after acquiring an additional 1,709,654 shares during the period. Teza Capital Management LLC acquired a new position in shares of Zeta Global during the fourth quarter worth about $219,000. Toronto Dominion Bank acquired a new position in Zeta Global during the fourth quarter worth about $1,351,000. Finally, Sherbrooke Park Advisers LLC acquired a new stake in shares of Zeta Global in the fourth quarter valued at approximately $252,000. 87.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on ZETA shares. Barclays decreased their target price on shares of Zeta Global from $32.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 27th. Canaccord Genuity Group decreased their target price on shares of Zeta Global from $28.00 to $26.00 and set a “buy” rating on the stock in a research report on Friday, May 2nd. Needham & Company LLC decreased their target price on shares of Zeta Global from $43.00 to $25.00 and set a “buy” rating on the stock in a research report on Friday, May 2nd. B. Riley decreased their target price on shares of Zeta Global from $44.00 to $29.00 and set a “buy” rating on the stock in a research report on Tuesday, April 22nd. Finally, Royal Bank of Canada decreased their target price on shares of Zeta Global from $40.00 to $30.00 and set an “outperform” rating on the stock in a research report on Monday, April 28th. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $30.36.

Zeta Global Price Performance

Shares of ZETA stock opened at $13.09 on Friday. The firm has a market cap of $3.08 billion, a P/E ratio of -18.70, a P/E/G ratio of 1.65 and a beta of 1.29. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.32 and a quick ratio of 3.32. Zeta Global Holdings Corp. has a 1-year low of $10.69 and a 1-year high of $38.20. The firm has a fifty day moving average of $13.20 and a two-hundred day moving average of $17.76.

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.