Mizuho Markets Americas LLC Has $432.25 Million Stock Holdings in CoStar Group, Inc. $CSGP

Mizuho Markets Americas LLC decreased its stake in CoStar Group, Inc. (NASDAQ:CSGP) by 12.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,123,216 shares of the technology company’s stock after selling 734,126 shares during the period. CoStar Group accounts for about 8.1% of Mizuho Markets Americas LLC’s holdings, making the stock its biggest position. Mizuho Markets Americas LLC’s holdings in CoStar Group were worth $432,246,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of CSGP. Integrated Wealth Concepts LLC lifted its stake in CoStar Group by 9.8% in the first quarter. Integrated Wealth Concepts LLC now owns 4,789 shares of the technology company’s stock valued at $379,000 after purchasing an additional 426 shares during the last quarter. NewEdge Advisors LLC raised its stake in CoStar Group by 727.5% in the 1st quarter. NewEdge Advisors LLC now owns 1,473 shares of the technology company’s stock valued at $117,000 after acquiring an additional 1,295 shares during the period. Jones Financial Companies Lllp lifted its holdings in CoStar Group by 860.7% during the first quarter. Jones Financial Companies Lllp now owns 12,691 shares of the technology company’s stock valued at $1,006,000 after purchasing an additional 11,370 shares during the last quarter. Empowered Funds LLC boosted its position in CoStar Group by 9.2% during the first quarter. Empowered Funds LLC now owns 7,941 shares of the technology company’s stock worth $629,000 after purchasing an additional 666 shares during the period. Finally, Woodline Partners LP increased its stake in shares of CoStar Group by 44.6% in the first quarter. Woodline Partners LP now owns 35,604 shares of the technology company’s stock worth $2,821,000 after purchasing an additional 10,984 shares in the last quarter. 96.60% of the stock is owned by institutional investors.

CoStar Group Price Performance

CSGP stock opened at $65.34 on Monday. The firm has a 50 day simple moving average of $66.30 and a two-hundred day simple moving average of $78.13. The stock has a market cap of $27.69 billion, a PE ratio of 1,306.80, a P/E/G ratio of 1.67 and a beta of 0.84. CoStar Group, Inc. has a one year low of $57.01 and a one year high of $97.43. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.12 and a quick ratio of 3.12.

CoStar Group (NASDAQ:CSGP) last posted its quarterly earnings data on Tuesday, October 28th. The technology company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.04. The firm had revenue of $833.60 million for the quarter, compared to analysts’ expectations of $823.62 million. CoStar Group had a net margin of 0.66% and a return on equity of 2.45%. The business’s quarterly revenue was up 20.4% on a year-over-year basis. During the same quarter last year, the company posted $0.22 EPS. CoStar Group has set its Q4 2025 guidance at 0.260-0.280 EPS and its FY 2025 guidance at 0.820-0.840 EPS. On average, analysts predict that CoStar Group, Inc. will post 0.94 EPS for the current fiscal year.

CoStar Group announced that its Board of Directors has approved a share repurchase program on Wednesday, January 7th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the technology company to buy up to 5.3% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. BMO Capital Markets dropped their price target on shares of CoStar Group from $77.00 to $72.00 and set a “market perform” rating on the stock in a research note on Thursday, January 8th. Jefferies Financial Group raised CoStar Group to a “hold” rating in a report on Wednesday, October 29th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $91.00 price target on shares of CoStar Group in a research report on Thursday, October 9th. Deutsche Bank Aktiengesellschaft set a $68.00 price objective on CoStar Group in a report on Thursday, January 8th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $84.00 target price on shares of CoStar Group in a research note on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $82.50.

CoStar Group Profile

CoStar Group, Inc is a provider of information, analytics and online marketplaces for the commercial real estate industry. The company gathers property-level data, builds market analytics and supplies research tools used by brokers, owners, lenders, investors and other real estate professionals to evaluate markets, track inventory and manage listings. CoStar’s offerings are delivered primarily through subscription-based platforms that combine proprietary databases, mapping and workflow applications to support decision-making across the property life cycle.

In addition to its core CoStar research service, the company operates prominent online listing and marketing platforms that connect buyers, sellers, tenants and brokers.