Quantinno Capital Management LP Grows Stock Holdings in Zeta Global Holdings Corp. $ZETA

Quantinno Capital Management LP raised its holdings in Zeta Global Holdings Corp. (NYSE:ZETA) by 283.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 42,673 shares of the company’s stock after acquiring an additional 31,557 shares during the period. Quantinno Capital Management LP’s holdings in Zeta Global were worth $679,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Advisors Asset Management Inc. grew its position in shares of Zeta Global by 34.2% in the first quarter. Advisors Asset Management Inc. now owns 4,579 shares of the company’s stock valued at $62,000 after purchasing an additional 1,168 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Zeta Global by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 106,371 shares of the company’s stock worth $1,442,000 after buying an additional 4,631 shares during the period. Caxton Associates LLP acquired a new stake in Zeta Global in the 1st quarter worth about $205,000. Woodline Partners LP purchased a new stake in Zeta Global in the 1st quarter valued at about $222,000. Finally, Strs Ohio purchased a new stake in Zeta Global in the 1st quarter valued at about $117,000. Hedge funds and other institutional investors own 87.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on ZETA shares. Citigroup increased their price objective on shares of Zeta Global from $26.00 to $35.00 and gave the stock a “buy” rating in a report on Tuesday, August 11th. Weiss Ratings restated a “sell (d-)” rating on shares of Zeta Global in a report on Friday, July 17th. William Blair set a $29.00 price target on shares of Zeta Global in a research note on Thursday, August 6th. Needham & Company LLC lifted their price target on shares of Zeta Global from $25.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, The Goldman Sachs Group set a $28.00 price objective on shares of Zeta Global and gave the company a “neutral” rating in a research note on Wednesday, June 24th. Ten equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $30.31.

Insider Buying and Selling at Zeta Global

In related news, Director Jeanine Silberblatt sold 7,500 shares of Zeta Global stock in a transaction on Friday, June 12th. The shares were sold at an average price of $19.89, for a total transaction of $149,175.00. Following the transaction, the director owned 50,350 shares in the company, valued at approximately $1,001,461.50. The trade was a 12.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 10.74% of the company’s stock.

Zeta Global Stock Down 2.1%

ZETA opened at $28.24 on Wednesday. The firm has a 50 day moving average price of $22.12 and a 200 day moving average price of $19.26. The company has a market cap of $7.09 billion, a PE ratio of -1,411.85, a price-to-earnings-growth ratio of 4.10 and a beta of 1.39. Zeta Global Holdings Corp. has a 1 year low of $14.36 and a 1 year high of $29.89. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.38 and a current ratio of 2.38.

Zeta Global (NYSE:ZETA) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.17). Zeta Global had a negative net margin of 0.15% and a positive return on equity of 5.32%. The business had revenue of $442.77 million during the quarter, compared to analysts’ expectations of $420.61 million. During the same quarter in the previous year, the business posted ($0.10) EPS. The company’s quarterly revenue was up 43.6% on a year-over-year basis. Sell-side analysts expect that Zeta Global Holdings Corp. will post 0.21 earnings per share for the current year.

Zeta Global 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.