Samjo Management LLC Takes $4.24 Million Position in Zeta Global Holdings Corp. (NYSE:ZETA)

Samjo Management LLC acquired a new stake in Zeta Global Holdings Corp. (NYSE:ZETA) in the fourth quarter, Holdings Channel reports. The firm acquired 235,900 shares of the company’s stock, valued at approximately $4,244,000. Zeta Global accounts for approximately 1.6% of Samjo Management LLC’s holdings, making the stock its 20th biggest holding.

Several other large investors have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its stake in shares of Zeta Global by 31.0% in the third quarter. JPMorgan Chase & Co. now owns 1,240,872 shares of the company’s stock worth $37,015,000 after acquiring an additional 293,583 shares in the last quarter. Hodges Capital Management Inc. grew its stake in Zeta Global by 163.1% during the 4th quarter. Hodges Capital Management Inc. now owns 433,473 shares of the company’s stock worth $7,798,000 after purchasing an additional 268,710 shares in the last quarter. Barclays PLC increased its holdings in Zeta Global by 36.4% during the 3rd quarter. Barclays PLC now owns 420,518 shares of the company’s stock worth $12,544,000 after purchasing an additional 112,238 shares during the period. Nordea Investment Management AB acquired a new stake in Zeta Global in the 4th quarter valued at about $2,444,000. Finally, State Street Corp boosted its stake in shares of Zeta Global by 12.2% in the 3rd quarter. State Street Corp now owns 4,187,052 shares of the company’s stock valued at $124,900,000 after buying an additional 455,944 shares during the period. 87.75% of the stock is owned by hedge funds and other institutional investors.

Zeta Global Stock Performance

Shares of Zeta Global stock opened at $12.16 on Friday. The firm’s fifty day simple moving average is $17.48 and its 200-day simple moving average is $21.88. Zeta Global Holdings Corp. has a 12 month low of $11.24 and a 12 month high of $38.20. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of -17.36, a PEG 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.

Analysts Set New Price Targets

A number of analysts recently weighed in on ZETA shares. Royal Bank of Canada cut their target price on shares of Zeta Global from $43.00 to $40.00 and set an “outperform” rating on the stock in a research note on Friday, January 3rd. Barclays dropped their price objective 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. The Goldman Sachs Group decreased their price objective on shares of Zeta Global from $30.00 to $27.00 and set a “neutral” rating for the company in a research report on Tuesday, March 4th. William Blair reissued an “outperform” rating on shares of Zeta Global in a report on Wednesday, February 26th. Finally, Morgan Stanley lifted their price target on Zeta Global from $23.00 to $25.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 26th. Four equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s 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.