Leo Wealth LLC Invests $676,000 in Zeta Global Holdings Corp. $ZETA

Leo Wealth LLC purchased a new position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 33,234 shares of the company’s stock, valued at approximately $676,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Greenvale Capital LLP grew its stake in shares of Zeta Global by 178.0% during the 2nd quarter. Greenvale Capital LLP now owns 6,951,181 shares of the company’s stock worth $107,674,000 after acquiring an additional 4,451,181 shares during the period. Disciplined Growth Investors Inc. MN bought a new position in shares of Zeta Global during the 3rd quarter worth $121,502,000. Capital World Investors grew its stake in shares of Zeta Global by 0.9% during the 3rd quarter. Capital World Investors now owns 4,979,853 shares of the company’s stock worth $98,950,000 after acquiring an additional 44,903 shares during the period. State Street Corp grew its stake in shares of Zeta Global by 4.8% during the 2nd quarter. State Street Corp now owns 4,671,750 shares of the company’s stock worth $72,365,000 after acquiring an additional 215,932 shares during the period. Finally, Marshall Wace LLP boosted its holdings in shares of Zeta Global by 11.0% in the third quarter. Marshall Wace LLP now owns 2,973,263 shares of the company’s stock worth $59,079,000 after acquiring an additional 293,942 shares during the period. Institutional investors own 87.75% of the company’s stock.

Zeta Global Stock Up 0.1%

Shares of NYSE ZETA opened at $15.81 on Tuesday. Zeta Global Holdings Corp. has a 12 month low of $10.69 and a 12 month high of $24.90. The firm has a market capitalization of $3.86 billion, a PE ratio of -105.36, a price-to-earnings-growth ratio of 1.85 and a beta of 1.28. The firm has a fifty day simple moving average of $17.08 and a two-hundred day simple moving average of $18.65. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.24.

Zeta Global (NYSE:ZETA) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.05. Zeta Global had a negative net margin of 2.42% and a positive return on equity of 1.35%. The company had revenue of $394.64 million during the quarter, compared to the consensus estimate of $378.09 million. During the same period in the prior year, the firm earned $0.06 earnings per share. Zeta Global’s revenue was up 25.4% on a year-over-year basis. Equities analysts expect that Zeta Global Holdings Corp. will post -0.16 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on ZETA shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zeta Global in a report on Wednesday, January 21st. Morgan Stanley raised their price target on shares of Zeta Global from $23.00 to $27.00 and gave the company an “equal weight” rating in a report on Thursday, January 15th. DA Davidson raised their price target on shares of Zeta Global from $29.00 to $30.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Wall Street Zen downgraded shares of Zeta Global from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, The Goldman Sachs Group raised their price target on shares of Zeta Global from $23.00 to $26.00 and gave the company a “neutral” rating in a report on Wednesday, January 28th. Nine analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $29.00.

Zeta Global Company Profile

Zeta Global, founded in 2007 and headquartered in New York City, is a leading data-driven marketing technology company. The firm’s mission centers on helping brands acquire, grow and retain customers through a unified customer lifecycle management platform. Over the years, Zeta Global has built a reputation for leveraging big data and predictive analytics to power digital marketing programs across multiple channels.

At the core of Zeta’s offering is the Zeta Marketing Platform, which combines identity resolution, audience insights and real-time engagement capabilities.