Legal & General Group Plc grew its holdings in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 7.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,860 shares of the technology company’s stock after purchasing an additional 2,327 shares during the quarter. Legal & General Group Plc owned approximately 0.10% of CoStar Group worth $9,352,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Toronto Dominion Bank boosted its stake in CoStar Group by 12.3% during the 2nd quarter. Toronto Dominion Bank now owns 401 shares of the technology company’s stock worth $106,000 after purchasing an additional 44 shares during the last quarter. Advisor Group Inc. boosted its stake in CoStar Group by 3.8% during the 2nd quarter. Advisor Group Inc. now owns 1,490 shares of the technology company’s stock worth $393,000 after purchasing an additional 54 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in CoStar Group by 5.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,188 shares of the technology company’s stock worth $313,000 after purchasing an additional 66 shares during the last quarter. CLS Investments LLC boosted its stake in CoStar Group by 1.9% during the 2nd quarter. CLS Investments LLC now owns 4,174 shares of the technology company’s stock worth $1,100,000 after purchasing an additional 76 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in CoStar Group by 1.6% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,271 shares of the technology company’s stock worth $1,389,000 after purchasing an additional 83 shares during the last quarter. 98.89% of the stock is currently owned by institutional investors.

CoStar Group, Inc. (CSGP) opened at $287.83 on Wednesday. CoStar Group, Inc. has a fifty-two week low of $184.86 and a fifty-two week high of $314.73. The company has a current ratio of 3.96, a quick ratio of 3.96 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $10,500.00, a price-to-earnings ratio of 73.27, a PEG ratio of 4.38 and a beta of 1.55.

CoStar Group (NASDAQ:CSGP) last posted its quarterly earnings results on Wednesday, October 25th. The technology company reported $1.41 EPS for the quarter, topping the consensus estimate of $1.13 by $0.28. CoStar Group had a return on equity of 7.63% and a net margin of 11.63%. The business had revenue of $248.00 million for the quarter, compared to analyst estimates of $243.44 million. During the same quarter in the previous year, the firm earned $1.11 EPS. The company’s quarterly revenue was up 16.4% compared to the same quarter last year. research analysts expect that CoStar Group, Inc. will post 3.99 earnings per share for the current year.

Several brokerages have issued reports on CSGP. B. Riley reaffirmed a “buy” rating and set a $335.00 target price on shares of CoStar Group in a research note on Monday, October 2nd. Needham & Company LLC lifted their target price on shares of CoStar Group from $300.00 to $325.00 and gave the stock a “buy” rating in a research note on Thursday, August 17th. Zacks Investment Research cut shares of CoStar Group from a “buy” rating to a “hold” rating in a research note on Tuesday, September 26th. J P Morgan Chase & Co cut shares of CoStar Group from an “overweight” rating to an “underweight” rating and set a $325.00 target price on the stock. in a research note on Tuesday. Finally, BidaskClub cut shares of CoStar Group from a “buy” rating to a “hold” rating in a research note on Saturday, December 2nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the stock. CoStar Group has an average rating of “Buy” and a consensus target price of $331.89.

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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.

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

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