Healthcare of Ontario Pension Plan Trust Fund Has $16.81 Million Holdings in Zeta Global Holdings Corp. (NYSE:ZETA)

Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Zeta Global Holdings Corp. (NYSE:ZETA) by 29.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 563,531 shares of the company’s stock after buying an additional 126,531 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned approximately 0.26% of Zeta Global worth $16,810,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of ZETA. FMR LLC raised its stake in shares of Zeta Global by 84,132.4% in the third 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. D. E. Shaw & Co. Inc. raised its stake in shares of Zeta Global by 1,444.8% in the second quarter. D. E. Shaw & Co. Inc. now owns 1,847,610 shares of the company’s stock valued at $32,610,000 after acquiring an additional 1,728,005 shares during the last quarter. William Blair Investment Management LLC bought a new position in shares of Zeta Global in the second quarter valued at approximately $28,698,000. Renaissance Technologies LLC raised its stake in shares of Zeta Global by 85.4% in the second quarter. Renaissance Technologies LLC now owns 2,019,000 shares of the company’s stock valued at $35,635,000 after acquiring an additional 929,800 shares during the last quarter. Finally, Millennium Management LLC raised its stake in shares of Zeta Global by 358.3% in the second quarter. Millennium Management LLC now owns 1,189,295 shares of the company’s stock valued at $20,991,000 after acquiring an additional 929,792 shares during the last quarter. 75.82% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. B. Riley lifted their target price on shares of Zeta Global from $30.00 to $37.00 and gave the company a “buy” rating in a research note on Monday, September 30th. DA Davidson boosted their price objective on shares of Zeta Global from $39.00 to $42.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Craig Hallum boosted their price objective on shares of Zeta Global from $37.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Oppenheimer boosted their price objective on shares of Zeta Global from $33.00 to $42.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. Finally, Barclays boosted their price objective on shares of Zeta Global from $28.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 13th. Three equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $38.00.

Insider Activity

In related news, CFO Christopher E. Greiner acquired 7,975 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The shares were acquired at an average cost of $18.80 per share, with a total value of $149,930.00. Following the transaction, the chief financial officer now owns 2,330,010 shares of the company’s stock, valued at $43,804,188. The trade was a 0.34 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO David Steinberg acquired 53,676 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The stock was bought at an average cost of $19.24 per share, for a total transaction of $1,032,726.24. Following the completion of the transaction, the chief executive officer now directly owns 65,310 shares in the company, valued at $1,256,564.40. This represents a 461.37 % increase in their position. The disclosure for this purchase can be found here. Insiders bought 129,901 shares of company stock valued at $2,471,244 in the last quarter. Company insiders own 25.54% of the company’s stock.

Zeta Global Trading Up 0.8 %

Shares of ZETA stock opened at $20.20 on Friday. Zeta Global Holdings Corp. has a 12-month low of $7.65 and a 12-month high of $38.20. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.32 and a quick ratio of 3.32. The firm has a fifty day moving average of $27.70 and a 200-day moving average of $22.95.

Zeta Global (NYSE:ZETA) last announced its quarterly earnings results on Monday, November 11th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.26). Zeta Global had a negative net margin of 13.35% and a negative return on equity of 45.22%. The firm had revenue of $268.30 million during the quarter, compared to analyst estimates of $252.68 million. During the same period last year, the firm earned ($0.27) EPS. Zeta Global’s quarterly revenue was up 42.0% on a year-over-year basis. Sell-side analysts predict that Zeta Global Holdings Corp. will post -0.16 EPS for the current fiscal year.

Zeta Global 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.