NBW Capital LLC grew its position in Zillow Group, Inc. (NASDAQ:Z) by 28.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 82,592 shares of the financial services provider’s stock after purchasing an additional 18,402 shares during the period. NBW Capital LLC’s holdings in Zillow Group were worth $3,380,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of Z. Guggenheim Capital LLC raised its holdings in shares of Zillow Group by 8.5% during the fourth quarter. Guggenheim Capital LLC now owns 102,253 shares of the financial services provider’s stock worth $4,184,000 after acquiring an additional 8,004 shares during the period. Advisor Group Inc. raised its holdings in shares of Zillow Group by 574.2% during the fourth quarter. Advisor Group Inc. now owns 3,708 shares of the financial services provider’s stock worth $152,000 after acquiring an additional 3,158 shares during the period. VGI PARTNERS PTY Ltd raised its holdings in shares of Zillow Group by 27.0% during the fourth quarter. VGI PARTNERS PTY Ltd now owns 1,646,226 shares of the financial services provider’s stock worth $67,364,000 after acquiring an additional 350,081 shares during the period. Amundi Pioneer Asset Management Inc. acquired a new stake in shares of Zillow Group during the fourth quarter worth $25,636,000. Finally, Coatue Management LLC acquired a new stake in shares of Zillow Group during the fourth quarter worth $13,807,000. Institutional investors own 58.57% of the company’s stock.
A number of equities research analysts recently commented on Z shares. Morgan Stanley upgraded shares of Zillow Group from an “equal weight” rating to an “overweight” rating and set a $50.00 price objective on the stock in a report on Wednesday, January 10th. BidaskClub lowered shares of Zillow Group from a “hold” rating to a “sell” rating in a research note on Saturday, December 30th. Finally, Cowen reiterated a “hold” rating on shares of Zillow Group in a research note on Friday, February 9th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $50.07.
Zillow Group (NASDAQ:Z) last issued its earnings results on Thursday, February 8th. The financial services provider reported $0.09 earnings per share (EPS) for the quarter. The business had revenue of $282.33 million for the quarter. Zillow Group had a negative net margin of 8.77% and a positive return on equity of 0.03%.
In other Zillow Group news, insider Greg M. Schwartz sold 8,585 shares of the company’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $40.50, for a total transaction of $347,692.50. Following the transaction, the insider now owns 8,585 shares in the company, valued at $347,692.50. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Greg M. Schwartz sold 3,750 shares of the company’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $40.51, for a total transaction of $151,912.50. Following the transaction, the insider now owns 3,750 shares in the company, valued at approximately $151,912.50. The disclosure for this sale can be found here. Over the last three months, insiders have sold 327,586 shares of company stock worth $14,415,985. 21.72% of the stock is owned by insiders.
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About Zillow Group
Zillow Group, Inc operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company offers a portfolio of brands and products to enable people find information about homes and connect with local professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.
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