Sherbrooke Park Advisers LLC Takes Position in Zeta Global Holdings Corp. (NYSE:ZETA)

Sherbrooke Park Advisers LLC acquired a new stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 14,033 shares of the company’s stock, valued at approximately $252,000.

A number of other institutional investors have also recently bought and sold shares of the company. Point72 Hong Kong Ltd acquired a new stake in Zeta Global during the fourth quarter valued at $33,000. Prospect Capital Advisors LLC acquired a new stake in Zeta Global during the fourth quarter valued at $1,799,000. Man Group plc acquired a new stake in Zeta Global during the fourth quarter valued at $28,011,000. Millennium Management LLC boosted its position in Zeta Global by 51.7% during the fourth quarter. Millennium Management LLC now owns 848,046 shares of the company’s stock valued at $15,256,000 after purchasing an additional 288,861 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Zeta Global by 4.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 101,740 shares of the company’s stock valued at $1,830,000 after purchasing an additional 4,495 shares during the last quarter. Institutional investors and hedge funds own 87.75% of the company’s stock.

Zeta Global Trading Down 1.2%

Shares of ZETA opened at $13.78 on Tuesday. Zeta Global Holdings Corp. has a 12-month low of $10.69 and a 12-month high of $38.20. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $3.25 billion, a price-to-earnings ratio of -19.69, a P/E/G ratio of 1.65 and a beta of 1.29. The stock’s 50-day moving average price is $13.26 and its 200 day moving average price is $18.03.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Barclays reduced their price objective on Zeta Global from $32.00 to $18.00 and set an “equal weight” rating for the company in a research report on Thursday, February 27th. DA Davidson decreased their price target on Zeta Global from $42.00 to $25.00 and set a “buy” rating for the company in a research note on Monday, April 14th. The Goldman Sachs Group decreased their price target on Zeta Global from $27.00 to $16.00 and set a “neutral” rating for the company in a research note on Monday, May 5th. William Blair reiterated an “outperform” rating on shares of Zeta Global in a research note on Wednesday, February 26th. Finally, Morgan Stanley decreased their price target on Zeta Global from $25.00 to $15.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 16th. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $30.36.

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.