CoStar Group Inc (CSGP) Shares Bought by Public Employees Retirement System of Ohio
Public Employees Retirement System of Ohio lifted its holdings in shares of CoStar Group Inc (NASDAQ:CSGP) by 5.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 46,188 shares of the technology company’s stock after purchasing an additional 2,401 shares during the period. Public Employees Retirement System of Ohio owned 0.13% of CoStar Group worth $12,390,000 at the end of the most recent reporting period.
Several other hedge funds have also made changes to their positions in CSGP. Capstone Asset Management Co. bought a new stake in shares of CoStar Group during the second quarter worth $211,000. Janney Montgomery Scott LLC bought a new position in CoStar Group in the second quarter valued at about $223,000. Great West Life Assurance Co. Can boosted its holdings in CoStar Group by 7.0% in the second quarter. Great West Life Assurance Co. Can now owns 10,325 shares of the technology company’s stock valued at $2,716,000 after acquiring an additional 674 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in CoStar Group by 5.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 98,128 shares of the technology company’s stock valued at $25,867,000 after acquiring an additional 5,405 shares during the last quarter. Finally, First Trust Advisors LP bought a new position in CoStar Group in the second quarter valued at about $870,000. Institutional investors own 98.89% of the company’s stock.
CoStar Group Inc (CSGP) opened at $297.25 on Tuesday. The company has a current ratio of 3.96, a quick ratio of 3.96 and a debt-to-equity ratio of 0.15. CoStar Group Inc has a 1-year low of $184.86 and a 1-year high of $314.73. The stock has a market capitalization of $10,730.00, a PE ratio of 73.90, a price-to-earnings-growth ratio of 4.42 and a beta of 1.55.
CSGP has been the topic of several recent research reports. Zacks Investment Research cut CoStar Group from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. B. Riley reiterated a “buy” rating and issued a $350.00 price target (up previously from $335.00) on shares of CoStar Group in a report on Thursday, October 26th. Stephens raised their price target on CoStar Group from $300.00 to $350.00 and gave the company an “overweight” rating in a report on Monday, October 30th. Needham & Company LLC reiterated a “buy” rating and issued a $325.00 price target on shares of CoStar Group in a report on Friday, October 27th. Finally, J P Morgan Chase & Co cut CoStar Group from an “overweight” rating to an “underweight” rating and set a $325.00 price target on the stock. in a report on Tuesday, December 12th. Two analysts have rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the stock. CoStar Group presently has an average rating of “Buy” and a consensus price target of $331.89.
TRADEMARK VIOLATION NOTICE: This news story was published by Watch List News and is the property of of Watch List News. If you are reading this news story on another domain, it was copied illegally and republished in violation of US & international copyright and trademark legislation. The legal version of this news story can be accessed at https://www.watchlistnews.com/costar-group-inc-csgp-shares-bought-by-public-employees-retirement-system-of-ohio/1772298.html.
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.
Receive News & Ratings for CoStar Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CoStar Group and related companies with MarketBeat.com's FREE daily email newsletter.