Havemeyer Place LP Invests $1.02 Million in Zeta Global Holdings Corp. $ZETA

Havemeyer Place LP purchased a new stake in Zeta Global Holdings Corp. (NYSE:ZETA) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 50,072 shares of the company’s stock, valued at approximately $1,019,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of ZETA. Advisors Asset Management Inc. raised its stake in 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Zeta Global by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 106,371 shares of the company’s stock valued at $1,442,000 after purchasing an additional 4,631 shares in the last quarter. Caxton Associates LLP acquired a new position in Zeta Global in the first quarter valued at about $205,000. Woodline Partners LP acquired a new position in Zeta Global in the first quarter valued at about $222,000. Finally, Strs Ohio acquired a new position in Zeta Global in the first quarter valued at about $117,000. Institutional investors and hedge funds own 87.75% of the company’s stock.

Zeta Global Stock Up 0.1%

ZETA stock opened at $22.05 on Monday. The stock has a market capitalization of $5.50 billion, a P/E ratio of -200.46, a price-to-earnings-growth ratio of 3.43 and a beta of 1.34. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.22. Zeta Global Holdings Corp. has a 12 month low of $12.10 and a 12 month high of $25.95. The firm has a 50-day moving average price of $17.92 and a 200-day moving average price of $18.39.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. B. Riley Financial reaffirmed a “buy” rating on shares of Zeta Global in a research note on Friday, May 1st. Royal Bank Of Canada boosted their price target on Zeta Global from $27.00 to $29.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. DA Davidson boosted their price target on Zeta Global from $29.00 to $30.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zeta Global in a research note on Monday, April 20th. Finally, Wall Street Zen downgraded Zeta Global from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $27.83.

Zeta Global Company 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.