George Kaiser Family Foundation Acquires 19,455 Shares of Zeta Global Holdings Corp. (NASDAQ:ZETA)

George Kaiser Family Foundation increased its position in shares of Zeta Global Holdings Corp. (NASDAQ:ZETA) by 8.2% in the 1st quarter, HoldingsChannel reports. The firm owned 256,838 shares of the company’s stock after acquiring an additional 19,455 shares during the quarter. Zeta Global accounts for 0.5% of George Kaiser Family Foundation’s portfolio, making the stock its 8th largest holding. George Kaiser Family Foundation’s holdings in Zeta Global were worth $2,807,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Halpern Financial Inc. boosted its holdings in Zeta Global by 18.6% during the 1st quarter. Halpern Financial Inc. now owns 5,300 shares of the company’s stock worth $56,000 after acquiring an additional 830 shares during the last quarter. Optas LLC bought a new position in shares of Zeta Global in the fourth quarter worth approximately $88,000. Blue Trust Inc. increased its position in shares of Zeta Global by 22.8% in the fourth quarter. Blue Trust Inc. now owns 10,960 shares of the company’s stock worth $92,000 after purchasing an additional 2,037 shares during the last quarter. Counterpoint Mutual Funds LLC bought a new position in shares of Zeta Global in the fourth quarter worth approximately $100,000. Finally, SlateStone Wealth LLC purchased a new stake in Zeta Global in the first quarter worth approximately $135,000. Institutional investors own 75.82% of the company’s stock.

Zeta Global Stock Up 3.9 %

NASDAQ:ZETA traded up $0.64 during mid-day trading on Thursday, hitting $17.25. 1,956,833 shares of the company’s stock traded hands, compared to its average volume of 1,914,916. The company has a fifty day moving average of $16.44 and a 200 day moving average of $12.51. Zeta Global Holdings Corp. has a twelve month low of $7.24 and a twelve month high of $18.58. The company has a market capitalization of $3.77 billion, a P/E ratio of -16.04 and a beta of 1.23. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.89 and a current ratio of 1.89.

Zeta Global (NASDAQ:ZETA) last announced its quarterly earnings data on Monday, May 6th. The company reported ($0.23) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.02. The business had revenue of $195.00 million for the quarter, compared to analyst estimates of $187.16 million. Zeta Global had a negative return on equity of 101.48% and a negative net margin of 22.20%. The company’s revenue was up 23.7% on a year-over-year basis. During the same period in the prior year, the company earned ($0.38) earnings per share. On average, analysts forecast that Zeta Global Holdings Corp. will post -0.38 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Royal Bank of Canada initiated coverage on Zeta Global in a research note on Tuesday, June 25th. They set an “outperform” rating and a $20.00 price objective for the company. Canaccord Genuity Group raised their price target on Zeta Global from $17.00 to $20.00 and gave the company a “buy” rating in a report on Wednesday, June 26th. Canaccord Genuity Group raised Zeta Global to a “strong-buy” rating in a research report on Tuesday, May 7th. Bank of America increased their price objective on Zeta Global from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Monday, June 24th. Finally, Barclays lifted their price objective on Zeta Global from $15.00 to $18.00 and gave the company an “overweight” rating in a research report on Tuesday, May 7th. Twelve investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Zeta Global presently has a consensus rating of “Buy” and an average target price of $20.77.

About Zeta Global

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.