SOA Wealth Advisors LLC. Has $1.27 Million Stake in Zeta Global Holdings Corp. $ZETA

SOA Wealth Advisors LLC. lowered its holdings in Zeta Global Holdings Corp. (NYSE:ZETA) by 26.1% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 81,725 shares of the company’s stock after selling 28,930 shares during the quarter. SOA Wealth Advisors LLC.’s holdings in Zeta Global were worth $1,266,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Zeta Global by 753.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,306,270 shares of the company’s stock valued at $85,513,000 after buying an additional 5,567,201 shares in the last quarter. Yong Rong HK Asset Management Ltd acquired a new stake in shares of Zeta Global in the 1st quarter worth about $38,748,000. Bwcp LP lifted its position in Zeta Global by 101.8% in the 1st quarter. Bwcp LP now owns 2,614,796 shares of the company’s stock valued at $35,457,000 after acquiring an additional 1,319,273 shares in the last quarter. Nuveen LLC bought a new stake in Zeta Global during the 1st quarter worth approximately $28,152,000. Finally, Think Investments LP bought a new stake in Zeta Global during the 1st quarter worth approximately $19,126,000. Institutional investors own 87.75% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. William Blair restated an “outperform” rating on shares of Zeta Global in a report on Wednesday. Wall Street Zen raised Zeta Global from a “hold” rating to a “buy” rating in a research report on Saturday, September 20th. Morgan Stanley raised their target price on Zeta Global from $15.00 to $20.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 6th. Needham & Company LLC increased their price target on shares of Zeta Global from $20.00 to $25.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Bank of America boosted their target price on shares of Zeta Global from $20.00 to $24.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Ten investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Zeta Global has a consensus rating of “Moderate Buy” and an average price target of $29.38.

Zeta Global Stock Performance

Shares of ZETA stock opened at $20.01 on Thursday. The firm’s 50 day moving average is $18.94 and its 200 day moving average is $15.52. The stock has a market capitalization of $4.76 billion, a P/E ratio of -105.29 and a beta of 1.29. Zeta Global Holdings Corp. has a 12 month low of $10.69 and a 12 month high of $38.20. The company has a current ratio of 3.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.29.

Zeta Global Company 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.