Stephens Investment Management Group LLC Has $41.52 Million Position in Zeta Global Holdings Corp. $ZETA

Stephens Investment Management Group LLC grew its position in Zeta Global Holdings Corp. (NYSE:ZETA) by 13.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,040,266 shares of the company’s stock after buying an additional 237,624 shares during the quarter. Stephens Investment Management Group LLC’s holdings in Zeta Global were worth $41,519,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in ZETA. Cornerstone Planning Group LLC raised its position in shares of Zeta Global by 3,150.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 1,300 shares of the company’s stock valued at $26,000 after buying an additional 1,260 shares in the last quarter. Binnacle Investments Inc acquired a new position in shares of Zeta Global in the 3rd quarter valued at approximately $30,000. United Community Bank acquired a new position in shares of Zeta Global in the 4th quarter valued at approximately $31,000. National Bank of Canada FI increased its position in Zeta Global by 223.1% during the 3rd quarter. National Bank of Canada FI now owns 1,835 shares of the company’s stock worth $36,000 after purchasing an additional 1,267 shares in the last quarter. Finally, Game Plan Financial Advisors LLC acquired a new position in Zeta Global during the 3rd quarter worth approximately $55,000. 87.75% of the stock is currently owned by institutional investors and hedge funds.

Zeta Global Trading Up 3.8%

NYSE:ZETA opened at $17.21 on Friday. The firm’s fifty day moving average is $17.01 and its 200-day moving average is $18.16. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.07 and a current ratio of 2.07. Zeta Global Holdings Corp. has a 52 week low of $12.10 and a 52 week high of $24.90. The firm has a market cap of $4.20 billion, a P/E ratio of -156.41, a P/E/G ratio of 2.59 and a beta of 1.29.

Zeta Global (NYSE:ZETA) last posted its quarterly earnings data on Tuesday, February 24th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.05. Zeta Global had a negative net margin of 1.62% and a positive return on equity of 2.91%. The company had revenue of $394.64 million for the quarter, compared to analyst estimates of $378.09 million. During the same period in the prior year, the firm posted $0.06 EPS. The company’s quarterly revenue was up 25.4% on a year-over-year basis. Equities analysts expect that Zeta Global Holdings Corp. will post 0.21 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. The Goldman Sachs Group upped their price objective on shares of Zeta Global from $23.00 to $26.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Wall Street Zen upgraded shares of Zeta Global from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. KeyCorp upgraded shares of Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 price objective for the company in a research report on Tuesday, April 28th. B. Riley Financial reiterated a “buy” rating on shares of Zeta Global in a research report on Friday, May 1st. Finally, Royal Bank Of Canada upped their price objective on shares of Zeta Global from $27.00 to $29.00 and gave the stock an “outperform” rating in a research report on Friday, May 1st. Ten analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Zeta Global presently has a consensus rating of “Moderate Buy” and an average price target of $28.33.

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.