Zeta Global Holdings Corp. (NYSE:ZETA) Holdings Reduced by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. lessened its holdings in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 10.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 205,390 shares of the company’s stock after selling 24,560 shares during the period. Hillsdale Investment Management Inc. owned 0.09% of Zeta Global worth $3,695,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Rakuten Securities Inc. acquired a new stake in shares of Zeta Global in the fourth quarter valued at $27,000. SBI Securities Co. Ltd. acquired a new position in shares of Zeta Global in the 4th quarter valued at $33,000. Advisors Asset Management Inc. lifted its stake in Zeta Global by 104.1% during the third quarter. Advisors Asset Management Inc. now owns 2,227 shares of the company’s stock valued at $66,000 after buying an additional 1,136 shares in the last quarter. Heck Capital Advisors LLC acquired a new position in shares of Zeta Global in the fourth quarter worth about $66,000. Finally, IFP Advisors Inc purchased a new position in shares of Zeta Global in the fourth quarter worth approximately $72,000. 87.75% of the stock is currently owned by institutional investors and hedge funds.

Zeta Global Stock Down 0.2 %

Shares of ZETA opened at $14.40 on Friday. Zeta Global Holdings Corp. has a 12 month low of $10.30 and a 12 month high of $38.20. The stock has a market cap of $3.42 billion, a price-to-earnings ratio of -20.56, a P/E/G ratio of 1.65 and a beta of 1.18. The company has a 50-day moving average price of $18.31 and a two-hundred day moving average price of $22.68. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41.

Analysts Set New Price Targets

Several equities analysts have weighed in on ZETA shares. Canaccord Genuity Group reiterated a “buy” rating and set a $28.00 price objective on shares of Zeta Global in a research report on Wednesday, February 26th. William Blair reissued an “outperform” rating on shares of Zeta Global in a research report on Wednesday, February 26th. Royal Bank of Canada dropped their price objective 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. Needham & Company LLC restated a “buy” rating and set a $43.00 price target on shares of Zeta Global in a report on Wednesday, February 26th. Finally, The Goldman Sachs Group reduced their price objective on Zeta Global from $30.00 to $27.00 and set a “neutral” rating for the company in a research report on Tuesday, March 4th. Four research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Zeta Global presently has an average rating of “Moderate Buy” and a consensus target price 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.