Zeta Global Holdings Corp. (NYSE:ZETA) Shares Bought by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. grew its holdings in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 27.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,409 shares of the company’s stock after purchasing an additional 6,101 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Zeta Global were worth $847,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ZETA. Vanguard Group Inc. boosted its stake in Zeta Global by 2.3% during the 4th quarter. Vanguard Group Inc. now owns 16,286,528 shares of the company’s stock worth $143,647,000 after purchasing an additional 370,912 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Zeta Global by 9.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 38,732 shares of the company’s stock valued at $423,000 after acquiring an additional 3,295 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of Zeta Global by 18.9% during the 1st quarter. Principal Financial Group Inc. now owns 18,894 shares of the company’s stock valued at $207,000 after acquiring an additional 2,997 shares during the last quarter. Essex Investment Management Co. LLC boosted its position in shares of Zeta Global by 0.5% during the 1st quarter. Essex Investment Management Co. LLC now owns 227,417 shares of the company’s stock valued at $2,486,000 after acquiring an additional 1,233 shares during the last quarter. Finally, George Kaiser Family Foundation boosted its position in shares of Zeta Global by 8.2% during the 1st quarter. George Kaiser Family Foundation now owns 256,838 shares of the company’s stock valued at $2,807,000 after acquiring an additional 19,455 shares during the last quarter. Institutional investors and hedge funds own 75.82% of the company’s stock.

Zeta Global Stock Up 2.4 %

Shares of NYSE:ZETA opened at $26.76 on Monday. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.98 and a quick ratio of 1.98. The firm has a market capitalization of $5.85 billion, a PE ratio of -25.25 and a beta of 1.27. The firm’s 50-day moving average is $27.81 and its two-hundred day moving average is $20.97. Zeta Global Holdings Corp. has a 1 year low of $7.38 and a 1 year high of $34.14.

Zeta Global (NYSE:ZETA) last released its earnings results on Wednesday, July 31st. The company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.26). Zeta Global had a negative return on equity of 79.03% and a negative net margin of 17.76%. The firm had revenue of $227.80 million for the quarter, compared to analysts’ expectations of $212.44 million. During the same quarter in the previous year, the company posted ($0.32) earnings per share. The firm’s quarterly revenue was up 32.6% on a year-over-year basis. Analysts predict that Zeta Global Holdings Corp. will post -0.41 EPS for the current year.

Wall Street Analyst Weigh In

ZETA has been the topic of several recent research reports. B. Riley boosted their price target on shares of Zeta Global from $30.00 to $37.00 and gave the company a “buy” rating in a research report on Monday, September 30th. Canaccord Genuity Group boosted their price target on shares of Zeta Global from $30.00 to $35.00 and gave the company a “buy” rating in a research report on Wednesday, October 9th. Needham & Company LLC restated a “buy” rating and issued a $36.00 price objective on shares of Zeta Global in a report on Wednesday, October 9th. Craig Hallum boosted their price objective on shares of Zeta Global from $35.00 to $37.00 and gave the company a “buy” rating in a report on Friday, September 27th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $34.00 price objective on shares of Zeta Global in a report on Wednesday, October 9th. Two analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $35.69.

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.