Caledonia Private Investments Pty Ltd increased its position in shares of CoStar Group Inc (NASDAQ:CSGP) by 4.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 88,482 shares of the technology company’s stock after acquiring an additional 3,482 shares during the quarter. CoStar Group makes up about 0.7% of Caledonia Private Investments Pty Ltd’s portfolio, making the stock its 9th biggest holding. Caledonia Private Investments Pty Ltd owned approximately 0.24% of CoStar Group worth $26,274,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. Lenox Wealth Advisors Inc. acquired a new position in shares of CoStar Group during the 4th quarter valued at about $102,000. Cerebellum GP LLC acquired a new position in shares of CoStar Group during the 4th quarter valued at about $129,000. Corient Capital Partners LLC acquired a new position in shares of CoStar Group during the 4th quarter valued at about $204,000. Hengehold Capital Management LLC acquired a new position in shares of CoStar Group during the 4th quarter valued at about $206,000. Finally, IFM Investors Pty Ltd acquired a new position in shares of CoStar Group during the 4th quarter valued at about $219,000. 98.57% of the stock is currently owned by hedge funds and other institutional investors.
CoStar Group Inc (NASDAQ:CSGP) opened at $363.10 on Wednesday. CoStar Group Inc has a 1 year low of $197.55 and a 1 year high of $367.68. The company has a market cap of $13,120.00, a PE ratio of 105.86, a price-to-earnings-growth ratio of 3.45 and a beta of 1.61.
Several research analysts have recently weighed in on CSGP shares. BidaskClub cut shares of CoStar Group from a “buy” rating to a “hold” rating in a research report on Saturday, December 2nd. JPMorgan 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 report on Tuesday, December 12th. Needham & Company LLC upped their target price on shares of CoStar Group to $350.00 and gave the company a “buy” rating in a research report on Tuesday, December 19th. Wells Fargo & Co set a $400.00 target price on shares of CoStar Group and gave the company a “buy” rating in a research report on Thursday, January 18th. Finally, Citigroup reaffirmed a “buy” rating and issued a $425.00 target price (up previously from $320.00) on shares of CoStar Group in a research report on Tuesday, January 23rd. One investment analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company’s stock. CoStar Group presently has a consensus rating of “Buy” and a consensus price target of $380.10.
In other CoStar Group news, VP Francis Carchedi sold 12,100 shares of the business’s stock in a transaction dated Wednesday, March 7th. The shares were sold at an average price of $356.09, for a total transaction of $4,308,689.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Scott T. Wheeler sold 1,250 shares of the business’s stock in a transaction dated Monday, March 5th. The stock was sold at an average price of $353.69, for a total transaction of $442,112.50. The disclosure for this sale can be found here. Insiders have sold 21,271 shares of company stock worth $7,509,131 over the last quarter. Insiders own 3.09% of the company’s stock.
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CoStar Group Company 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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