Samjo Management LLC Makes New Investment in Zeta Global Holdings Corp. (NYSE:ZETA)

Samjo Management LLC bought a new stake in Zeta Global Holdings Corp. (NYSE:ZETA) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 235,900 shares of the company’s stock, valued at approximately $4,244,000. Zeta Global accounts for 1.6% of Samjo Management LLC’s investment portfolio, making the stock its 20th biggest holding. Samjo Management LLC owned approximately 0.10% of Zeta Global as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of ZETA. Rakuten Securities Inc. acquired a new stake in Zeta Global in the 4th quarter worth about $27,000. SBI Securities Co. Ltd. acquired a new stake in shares of Zeta Global in the fourth quarter worth approximately $33,000. Heck Capital Advisors LLC purchased a new stake in shares of Zeta Global during the fourth quarter worth approximately $66,000. IFP Advisors Inc acquired a new position in Zeta Global in the 4th quarter valued at $72,000. Finally, Transcendent Capital Group LLC purchased a new position in Zeta Global in the 4th quarter valued at $87,000. Hedge funds and other institutional investors own 87.75% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on ZETA. William Blair reiterated an “outperform” rating on shares of Zeta Global in a research report on Wednesday, February 26th. Barclays cut their price objective on shares of Zeta Global from $32.00 to $18.00 and set an “equal weight” rating for the company in a report on Thursday, February 27th. B. Riley restated a “buy” rating and set a $44.00 target price on shares of Zeta Global in a report on Wednesday, February 26th. Needham & Company LLC reaffirmed a “buy” rating and issued a $43.00 price target on shares of Zeta Global in a report on Wednesday, February 26th. Finally, Royal Bank of Canada lowered their price objective on Zeta Global from $43.00 to $40.00 and set an “outperform” rating on the stock in a research note on Friday, January 3rd. Four investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $36.86.

Zeta Global Stock Performance

Shares of ZETA stock opened at $12.16 on Friday. Zeta Global Holdings Corp. has a one year low of $11.24 and a one year high of $38.20. 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 firm’s 50 day moving average price is $17.48 and its 200-day moving average price is $21.88. The firm has a market cap of $2.89 billion, a P/E ratio of -17.36, a P/E/G ratio of 1.65 and a beta of 1.29.

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.