Riverbridge Companions LLC trimmed its holdings in CoStar Group, Inc. (NASDAQ:CSGP – Get Score) by 3.5% in the course of the 4th quarter, in response to its most up-to-date Type 13F submitting with the Securities & Alternate Fee. The institutional investor owned 2,526,341 shares of the know-how firm’s inventory after promoting 91,471 shares in the course of the interval. CoStar Group contains about 2.9% of Riverbridge Companions LLC’s funding portfolio, making the inventory its fifth greatest place. Riverbridge Companions LLC owned about 0.62% of CoStar Group price $195,236,000 on the finish of the latest quarter.
Different massive buyers have additionally made modifications to their positions within the firm. FourThought Monetary LLC lifted its place in shares of CoStar Group by 232.3% within the third quarter. FourThought Monetary LLC now owns 432 shares of the know-how firm’s inventory valued at $30,000 after buying an extra 302 shares within the final quarter. Lazard Asset Administration LLC lifted its place in shares of CoStar Group by 43.3% within the second quarter. Lazard Asset Administration LLC now owns 493 shares of the know-how firm’s inventory price $29,000 after shopping for an extra 149 shares within the final quarter. CVA Household Workplace LLC lifted its place in shares of CoStar Group by 43.4% within the third quarter. CVA Household Workplace LLC now owns 545 shares of the know-how firm’s inventory price $38,000 after shopping for an extra 165 shares within the final quarter. American Nationwide Financial institution bought a brand new stake in shares of CoStar Group within the third quarter price about $51,000. Lastly, Huntington Nationwide Financial institution lifted its place in shares of CoStar Group by 50.8% within the third quarter. Huntington Nationwide Financial institution now owns 739 shares of the know-how firm’s inventory price $51,000 after shopping for an extra 249 shares within the final quarter. 97.80% of the inventory is at the moment owned by hedge funds and different institutional buyers.
Analysts Set New Worth Targets
A variety of equities analysis analysts lately commented on the corporate. The Goldman Sachs Group decreased their goal worth on CoStar Group from $102.00 to $88.00 and set a “purchase” score on the inventory in a analysis report on Wednesday, February twenty second. JPMorgan Chase & Co. assumed protection on CoStar Group in a analysis report on Friday, December sixteenth. They issued an “chubby” score and a $100.00 goal worth on the inventory. StockNews.com started protection on CoStar Group in a analysis report on Thursday. They issued a “maintain” score on the inventory. BMO Capital Markets diminished their worth goal on CoStar Group from $84.00 to $68.00 and set a “market carry out” score on the inventory in a analysis be aware on Wednesday, February twenty second. Lastly, Truist Monetary diminished their worth goal on CoStar Group from $95.00 to $85.00 in a analysis be aware on Wednesday, February twenty second. Three equities analysis analysts have rated the inventory with a maintain score and ten have issued a purchase score to the inventory. Primarily based on information from MarketBeat, the inventory has a consensus score of “Average Purchase” and a mean goal worth of $86.25.
Insider Exercise
In different information, insider Michael J. Desmarais bought 5,600 shares of the corporate’s inventory in a transaction that occurred on Wednesday, March eighth. The inventory was bought at a mean worth of $70.36, for a complete transaction of $394,016.00. Following the transaction, the insider now owns 44,846 shares of the corporate’s inventory, valued at $3,155,364.56. The transaction was disclosed in a authorized submitting with the SEC, which is accessible at this hyperlink. Insiders personal 1.42% of the corporate’s inventory.
CoStar Group Buying and selling Down 1.2 %
CSGP opened at $66.93 on Friday. The inventory has a market cap of $27.23 billion, a price-to-earnings ratio of 71.97, a P/E/G ratio of three.64 and a beta of 0.88. The inventory’s 50 day shifting common worth is $75.03 and its 200-day shifting common worth is $76.12. CoStar Group, Inc. has a one yr low of $53.51 and a one yr excessive of $85.37. The corporate has a debt-to-equity ratio of 0.14, a fast ratio of 13.92 and a present ratio of 13.92.
About CoStar Group
CoStar Group, Inc engages in offering on-line actual property marketplaces, info, and analytics within the business and residential property markets. It operates by way of the North America and Worldwide geographical segments. The North America section contains the Unites States and Canada. The Worldwide refers to Europe, Asia-Pacific, and Latin America.
Really helpful Tales
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This prompt information alert was generated by narrative science know-how and monetary information from MarketBeat with the intention to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
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