Quantinno Capital Management LP Increases Stock Holdings in Zeta Global Holdings Corp. $ZETA

Quantinno Capital Management LP boosted its stake in Zeta Global Holdings Corp. (NYSE:ZETA) by 283.9% in the first quarter, Holdings Channel reports. The fund owned 42,673 shares of the company’s stock after buying an additional 31,557 shares during the quarter. Quantinno Capital Management LP’s holdings in Zeta Global were worth $679,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Advisors Asset Management Inc. grew its position in Zeta Global by 34.2% in the first quarter. Advisors Asset Management Inc. now owns 4,579 shares of the company’s stock valued at $62,000 after acquiring an additional 1,168 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Zeta Global by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 106,371 shares of the company’s stock valued at $1,442,000 after purchasing an additional 4,631 shares during the period. Caxton Associates LLP acquired a new stake in Zeta Global during the 1st quarter valued at $205,000. Woodline Partners LP acquired a new stake in Zeta Global during the 1st quarter valued at $222,000. Finally, Strs Ohio purchased a new stake in Zeta Global during the 1st quarter worth $117,000. Institutional investors and hedge funds own 87.75% of the company’s stock.

Zeta Global Trading Down 2.1%

ZETA opened at $28.24 on Wednesday. Zeta Global Holdings Corp. has a 12-month low of $14.36 and a 12-month high of $29.89. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.38 and a quick ratio of 2.38. The stock has a market capitalization of $7.09 billion, a PE ratio of -1,411.85, a P/E/G ratio of 4.10 and a beta of 1.39. The firm’s fifty day moving average price is $22.12 and its 200 day moving average price is $19.26.

Zeta Global (NYSE:ZETA) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.17). The company had revenue of $442.77 million for the quarter, compared to analyst estimates of $420.61 million. Zeta Global had a positive return on equity of 5.32% and a negative net margin of 0.15%.Zeta Global’s revenue was up 43.6% on a year-over-year basis. During the same period in the prior year, the business earned ($0.10) earnings per share. As a group, research analysts expect that Zeta Global Holdings Corp. will post 0.21 EPS for the current fiscal year.

Insider Activity at Zeta Global

In other news, Director Jeanine Silberblatt sold 7,500 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $19.89, for a total transaction of $149,175.00. Following the transaction, the director owned 50,350 shares of the company’s stock, valued at approximately $1,001,461.50. This trade represents a 12.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 10.74% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on ZETA. Bank of America boosted their price objective on shares of Zeta Global from $24.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Freedom Capital lowered Zeta Global from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. Needham & Company LLC boosted their price target on Zeta Global from $25.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zeta Global in a research note on Friday, July 17th. Finally, The Goldman Sachs Group set a $28.00 price target on Zeta Global and gave the company a “neutral” rating in a report on Wednesday, June 24th. Ten analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.31.

Zeta Global Company Profile

Zeta Global, founded in 2007 and headquartered in New York City, is a leading data-driven marketing technology company. The firm’s mission centers on helping brands acquire, grow and retain customers through a unified customer lifecycle management platform. Over the years, Zeta Global has built a reputation for leveraging big data and predictive analytics to power digital marketing programs across multiple channels.

At the core of Zeta’s offering is the Zeta Marketing Platform, which combines identity resolution, audience insights and real-time engagement capabilities.