176,847 Shares in Zeta Global Holdings Corp. $ZETA Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd purchased a new stake in Zeta Global Holdings Corp. (NYSE:ZETA) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 176,847 shares of the company’s stock, valued at approximately $3,480,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Engineers Gate Manager LP grew its stake in shares of Zeta Global by 12.7% during the 2nd quarter. Engineers Gate Manager LP now owns 69,707 shares of the company’s stock worth $1,372,000 after purchasing an additional 7,882 shares during the period. Integrated Wealth Concepts LLC grew its holdings in shares of Zeta Global by 4.3% in the second quarter. Integrated Wealth Concepts LLC now owns 11,262 shares of the company’s stock valued at $222,000 after purchasing an additional 469 shares during the period. IFP Advisors Inc increased its stake in Zeta Global by 211.5% during the second quarter. IFP Advisors Inc now owns 2,735 shares of the company’s stock worth $54,000 after acquiring an additional 1,857 shares during the last quarter. Allworth Financial LP raised its stake in shares of Zeta Global by 18.7% in the 2nd quarter. Allworth Financial LP now owns 24,917 shares of the company’s stock valued at $490,000 after acquiring an additional 3,932 shares during the period. Finally, Nykredit A S acquired a new position in Zeta Global during the 2nd quarter worth about $124,000. Institutional investors and hedge funds own 87.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on ZETA. Needham & Company LLC increased their price target on Zeta Global from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Freedom Capital lowered shares of Zeta Global from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. Royal Bank Of Canada raised their target price on shares of Zeta Global from $29.00 to $31.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. William Blair set a $29.00 target price on shares of Zeta Global in a research report on Thursday, August 6th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zeta Global in a research report on Friday, July 17th. Ten 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 MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $30.77.

Zeta Global Price Performance

Shares of NYSE:ZETA opened at $30.54 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.38 and a quick ratio of 2.38. The stock’s 50 day moving average price is $25.73 and its 200 day moving average price is $20.86. Zeta Global Holdings Corp. has a 12 month low of $14.36 and a 12 month high of $32.81. The stock has a market cap of $7.67 billion, a price-to-earnings ratio of -1,527.00, a PEG ratio of 4.29 and a beta of 1.43.

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

About Zeta Global

Zeta Global Holdings Corp. is a marketing technology company that helps brands acquire, grow and retain customers. Its platform combines consumer data, artificial intelligence and marketing automation to support audience identification, campaign planning, personalization and measurement across digital and traditional channels.

The company’s principal offering is the Zeta Marketing Platform, which is designed to provide marketers with tools for managing customer data, generating insights and executing multichannel campaigns.