Andra AP fonden grew its stake in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 92.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,200 shares of the technology company’s stock after acquiring an additional 2,500 shares during the period. Andra AP fonden’s holdings in CoStar Group were worth $1,395,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of CSGP. Janus Henderson Group PLC lifted its position in shares of CoStar Group by 2,015.2% during the 2nd quarter. Janus Henderson Group PLC now owns 2,617,006 shares of the technology company’s stock valued at $689,842,000 after acquiring an additional 2,493,281 shares during the period. Balyasny Asset Management LLC lifted its position in shares of CoStar Group by 773.1% during the 2nd quarter. Balyasny Asset Management LLC now owns 108,342 shares of the technology company’s stock valued at $28,559,000 after acquiring an additional 95,933 shares during the period. First Trust Advisors LP lifted its position in shares of CoStar Group by 2,599.7% during the 3rd quarter. First Trust Advisors LP now owns 89,118 shares of the technology company’s stock valued at $23,906,000 after acquiring an additional 85,817 shares during the period. Vanguard Group Inc. lifted its position in shares of CoStar Group by 3.1% during the 2nd quarter. Vanguard Group Inc. now owns 2,633,434 shares of the technology company’s stock valued at $694,173,000 after acquiring an additional 79,521 shares during the period. Finally, Prudential Financial Inc. lifted its position in shares of CoStar Group by 951.2% during the 2nd quarter. Prudential Financial Inc. now owns 44,445 shares of the technology company’s stock valued at $11,716,000 after acquiring an additional 40,217 shares during the period. Institutional investors own 89.75% of the company’s stock.

WARNING: “Andra AP fonden Boosts Stake in CoStar Group, Inc. (CSGP)” was posted by Watch List News and is the property of of Watch List News. If you are viewing this article on another site, it was illegally copied and reposted in violation of US & international trademark & copyright laws. The correct version of this article can be read at https://www.watchlistnews.com/andra-ap-fonden-boosts-stake-in-costar-group-inc-csgp/1702311.html.

A number of research firms have recently issued reports on CSGP. B. Riley reiterated a “buy” rating and set a $335.00 price target on shares of CoStar Group in a research report on Monday, October 2nd. Zacks Investment Research raised shares of CoStar Group from a “hold” rating to a “strong-buy” rating and set a $317.00 price objective for the company in a research note on Tuesday, August 1st. Citigroup Inc. set a $320.00 price objective on shares of CoStar Group and gave the stock a “buy” rating in a research note on Friday, July 28th. Needham & Company LLC raised their price objective on shares of CoStar Group from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, July 28th. Finally, Goldman Sachs Group, Inc. (The) started coverage on shares of CoStar Group in a research note on Wednesday, November 8th. They set a “buy” rating and a $359.00 price objective for the company. One analyst has rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $332.75.

CoStar Group, Inc. (NASDAQ CSGP) opened at $296.43 on Tuesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 3.96 and a current ratio of 3.96. CoStar Group, Inc. has a 12 month low of $179.21 and a 12 month high of $302.12. The firm has a market cap of $10,723.64, a P/E ratio of 74.36, a PEG ratio of 4.45 and a beta of 1.56.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings data on Wednesday, October 25th. The technology company reported $1.41 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.13 by $0.28. The business had revenue of $248.00 million during the quarter, compared to analysts’ expectations of $243.44 million. CoStar Group had a net margin of 11.63% and a return on equity of 7.63%. The company’s revenue was up 16.4% on a year-over-year basis. During the same period last year, the company posted $1.11 EPS. research analysts predict that CoStar Group, Inc. will post 3.98 earnings per share for the current year.

CoStar Group Profile

CoStar Group, Inc (CoStar) is a provider of information, analytics and online marketplaces to the commercial real estate and related business community through its database of commercial real estate information covering the United States, the United Kingdom, and parts of Canada, Spain, Germany and France.

Institutional Ownership by Quarter for CoStar Group (NASDAQ:CSGP)

Receive News & Ratings for CoStar Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CoStar Group Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.