2 weeks Ago By ABMN Staff
Mackenzie Financial Corp lifted its stake in shares of CoStar Group, Inc. ( NASDAQ:CSGP – Free Report ) by 16.9% during the 2nd quarter, Holdings Channel.
com reports. The institutional investor owned 2,358,526 shares of the technology company’s stock after buying an additional 341,046 shares during the period. Mackenzie Financial Corp’s holdings in CoStar Group were worth $174,861,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the stock. Swedbank AB bought a new stake in shares of CoStar Group during the 1st quarter valued at $4,223,000. SG Americas Securities LLC grew its holdings in CoStar Group by 390.
8% in the first quarter. SG Americas Securities LLC now owns 99,800 shares of the technology company’s stock worth $9,641,000 after purchasing an additional 79,467 shares during the period. Sumitomo Mitsui Trust Holdings Inc.
grew its holdings in CoStar Group by 1.7% in the first quarter. Sumitomo Mitsui Trust Holdings Inc.
now owns 1,035,675 shares of the technology company’s stock worth $100,046,000 after purchasing an additional 17,658 shares during the period. Cambridge Investment Research Advisors Inc. increased its stake in shares of CoStar Group by 70.
4% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 60,163 shares of the technology company’s stock valued at $5,258,000 after purchasing an additional 24,866 shares in the last quarter.
Finally, State Board of Administration of Florida Retirement System lifted its holdings in shares of CoStar Group by 5.3% during the first quarter. State Board of Administration of Florida Retirement System now owns 477,691 shares of the technology company’s stock valued at $46,145,000 after purchasing an additional 23,987 shares during the last quarter.
96.60% of the stock is owned by institutional investors. CoStar Group Trading Up 1.
4 % NASDAQ:CSGP opened at $74.73 on Friday. The company has a 50 day simple moving average of $76.
29 and a two-hundred day simple moving average of $81.70. The company has a market cap of $30.
52 billion, a PE ratio of 102.37 and a beta of 0.81.
The company has a current ratio of 9.27, a quick ratio of 9.27 and a debt-to-equity ratio of 0.
13. CoStar Group, Inc. has a 12 month low of $67.
35 and a 12 month high of $100.38. Analyst Ratings Changes CSGP has been the topic of several recent research reports.
Royal Bank of Canada restated an “outperform” rating and issued a $96.00 price target on shares of CoStar Group in a research note on Tuesday, September 10th. Keefe, Bruyette & Woods reduced their price target on CoStar Group from $109.
00 to $100.00 and set an “outperform” rating for the company in a report on Wednesday, July 17th. The Goldman Sachs Group dropped their price target on shares of CoStar Group from $108.
00 to $93.00 and set a “buy” rating on the stock in a research note on Wednesday, July 24th. StockNews.
com lowered shares of CoStar Group from a “hold” rating to a “sell” rating in a research note on Monday, July 29th. Finally, Bank of America dropped their target price on shares of CoStar Group from $111.00 to $89.
00 and set a “buy” rating on the stock in a research note on Monday, July 22nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $96.
38. View Our Latest Analysis on CoStar Group About CoStar Group ( Free Report ) CoStar Group, Inc provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America. The company offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar Sales, a robust database of comparable commercial real estate sales transactions; CoStar Market Analytics to view and report on aggregated market and submarket trends; and CoStar Tenant, an online business-to-business prospecting and analytical tool that provides tenant information.
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