Shares of Zillow Group, Inc. (NASDAQ:ZG) have received an average rating of “Hold” from the seventeen research firms that are covering the firm. One equities research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $39.64.

A number of analysts have commented on ZG shares. Cowen and Company increased their price objective on shares of Zillow Group from $37.00 to $40.00 and gave the company a “market perform” rating in a report on Friday, May 5th. Zacks Investment Research downgraded shares of Zillow Group from a “buy” rating to a “hold” rating in a report on Thursday, May 11th. Susquehanna Bancshares Inc reiterated a “neutral” rating on shares of Zillow Group in a report on Wednesday, May 17th. Royal Bank of Canada increased their price objective on shares of Zillow Group from $40.00 to $48.00 and gave the company an “outperform” rating in a report on Friday, May 5th. Finally, Benchmark Co. increased their price objective on shares of Zillow Group from $43.00 to $46.00 and gave the company a “buy” rating in a report on Friday, May 5th.

Institutional investors have recently bought and sold shares of the company. Selkirk Management LLC boosted its position in Zillow Group by 23.2% in the first quarter. Selkirk Management LLC now owns 130,000 shares of the technology company’s stock worth $4,395,000 after buying an additional 24,500 shares during the last quarter. Lucha Capital Management LP boosted its position in Zillow Group by 49.7% in the first quarter. Lucha Capital Management LP now owns 251,014 shares of the technology company’s stock worth $8,487,000 after buying an additional 83,289 shares during the last quarter. Credit Suisse AG boosted its position in Zillow Group by 5.3% in the first quarter. Credit Suisse AG now owns 31,807 shares of the technology company’s stock worth $1,075,000 after buying an additional 1,590 shares during the last quarter. Tudor Investment Corp ET AL bought a new position in Zillow Group during the first quarter worth $858,000. Finally, Caledonia Private Investments Pty Ltd boosted its position in Zillow Group by 1.7% in the first quarter. Caledonia Private Investments Pty Ltd now owns 13,360,188 shares of the technology company’s stock worth $451,708,000 after buying an additional 225,096 shares during the last quarter. 27.41% of the stock is owned by hedge funds and other institutional investors.

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Shares of Zillow Group (NASDAQ:ZG) traded up 0.05% on Friday, hitting $43.65. The stock had a trading volume of 401,006 shares. Zillow Group has a 12 month low of $28.31 and a 12 month high of $44.58. The firm’s market cap is $7.99 billion. The firm’s 50-day moving average price is $39.55 and its 200 day moving average price is $36.72.

Zillow Group (NASDAQ:ZG) last released its quarterly earnings results on Thursday, May 4th. The technology company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.08. Zillow Group had a negative return on equity of 7.24% and a negative net margin of 26.04%. The company had revenue of $245.80 million for the quarter, compared to analyst estimates of $236.04 million. During the same quarter last year, the company earned ($0.13) EPS. The firm’s revenue for the quarter was up 32.2% on a year-over-year basis. Analysts anticipate that Zillow Group will post $0.45 EPS for the current fiscal year.

Zillow Group Company Profile

12 Month Chart for NASDAQ:ZG

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