Advantage Alpha Capital Partners LP Purchases 152,767 Shares of Zeta Global Holdings Corp. (NYSE:ZETA)

Advantage Alpha Capital Partners LP increased its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 72.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 362,245 shares of the company’s stock after buying an additional 152,767 shares during the period. Zeta Global accounts for 1.5% of Advantage Alpha Capital Partners LP’s holdings, making the stock its 19th biggest holding. Advantage Alpha Capital Partners LP’s holdings in Zeta Global were worth $6,517,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Zeta Global by 2.3% in the 4th quarter. Vanguard Group Inc. now owns 22,177,591 shares of the company’s stock worth $398,975,000 after acquiring an additional 489,499 shares in the last quarter. Lord Abbett & CO. LLC increased its holdings in Zeta Global by 85.0% in the third quarter. Lord Abbett & CO. LLC now owns 5,710,081 shares of the company’s stock worth $170,332,000 after purchasing an additional 2,623,980 shares in the last quarter. Geode Capital Management LLC lifted its stake in Zeta Global by 18.8% in the third quarter. Geode Capital Management LLC now owns 4,266,679 shares of the company’s stock valued at $127,302,000 after buying an additional 674,192 shares during the period. State Street Corp boosted its holdings in shares of Zeta Global by 12.2% during the 3rd quarter. State Street Corp now owns 4,187,052 shares of the company’s stock worth $124,900,000 after buying an additional 455,944 shares in the last quarter. Finally, FMR LLC grew its position in shares of Zeta Global by 84,132.4% during the 3rd quarter. FMR LLC now owns 3,561,347 shares of the company’s stock worth $106,235,000 after buying an additional 3,557,119 shares during the period. Institutional investors and hedge funds own 87.75% of the company’s stock.

Zeta Global Price Performance

Shares of NYSE:ZETA opened at $14.40 on Monday. Zeta Global Holdings Corp. has a fifty-two week low of $10.30 and a fifty-two week high of $38.20. The company’s 50-day moving average is $18.31 and its 200 day moving average is $22.67. 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 $3.42 billion, a P/E ratio of -20.56, a price-to-earnings-growth ratio of 1.65 and a beta of 1.18.

Analyst Ratings Changes

A number of research analysts recently issued reports on ZETA shares. B. Riley reiterated a “buy” rating and set a $44.00 target price on shares of Zeta Global in a research report on Wednesday, February 26th. Morgan Stanley raised their target price on Zeta Global from $23.00 to $25.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 26th. Needham & Company LLC reissued a “buy” rating and issued a $43.00 price objective on shares of Zeta Global in a research note on Wednesday, February 26th. The Goldman Sachs Group lowered their target price on Zeta Global from $30.00 to $27.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 4th. Finally, Royal Bank of Canada decreased their price target on shares of Zeta Global from $43.00 to $40.00 and set an “outperform” rating for the company in a research note on Friday, January 3rd. Four research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Zeta Global presently has a consensus rating of “Moderate Buy” and an average price target of $36.86.

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.