Zeta Global Holdings Corp. $ZETA Stake Lowered by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH lowered its holdings in Zeta Global Holdings Corp. (NYSE:ZETA) by 15.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,182,282 shares of the company’s stock after selling 213,339 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Zeta Global were worth $37,325,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MinichMacGregor Wealth Management LLC acquired a new position in shares of Zeta Global in the 3rd quarter valued at approximately $265,000. NorthCrest Asset Manangement LLC purchased a new position in shares of Zeta Global during the 3rd quarter valued at approximately $233,000. GK Wealth Management LLC acquired a new stake in shares of Zeta Global during the third quarter worth approximately $37,000. Cadent Capital Advisors LLC acquired a new stake in shares of Zeta Global during the third quarter worth approximately $1,296,000. Finally, GAMMA Investing LLC raised its holdings in Zeta Global by 80.2% in the third quarter. GAMMA Investing LLC now owns 3,531 shares of the company’s stock valued at $111,000 after acquiring an additional 1,572 shares in the last quarter. Hedge funds and other institutional investors own 87.75% of the company’s stock.

Zeta Global Trading Down 4.4%

NYSE:ZETA opened at $32.30 on Thursday. 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 business has a 50 day simple moving average of $30.35 and a 200 day simple moving average of $23.20. The firm has a market capitalization of $8.11 billion, a P/E ratio of -1,614.90, a P/E/G ratio of 4.77 and a beta of 1.39. Zeta Global Holdings Corp. has a 12-month low of $14.36 and a 12-month high of $34.92.

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

Analyst Ratings Changes

A number of research firms have commented on ZETA. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zeta Global in a report on Friday, July 17th. Craig Hallum set a $38.00 price target on Zeta Global in a report on Monday. Canaccord Genuity Group upped their price target on Zeta Global from $30.00 to $37.00 and gave the company a “buy” rating in a research report on Friday, October 9th. Bank of America raised their price objective on Zeta Global from $29.00 to $34.00 and gave the stock a “buy” rating in a research note on Wednesday, August 19th. Finally, Freedom Capital downgraded shares of Zeta Global from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. Eleven analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $36.00.

Zeta Global Profile

Zeta Global is a technology company that provides data-driven marketing and customer-experience solutions to brands and agencies. Its platform helps organizations acquire, grow and retain customers by combining consumer data, artificial intelligence and marketing automation across digital channels.

The company’s offerings include the Zeta Marketing Platform, which supports audience discovery, campaign planning, activation, personalization and measurement. Zeta also provides data-management and analytics capabilities through its proprietary data assets, helping marketers develop customer insights and deliver coordinated campaigns across channels such as email, online advertising, connected television and other digital media.

Founded in 2007, Zeta Global serves enterprise marketers and agencies, primarily in the United States and other markets where digital advertising and customer-engagement services are in demand.