Amundi Has $260.43 Million Holdings in CoStar Group, Inc. $CSGP

Amundi trimmed its stake in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 5.8% during the second quarter, HoldingsChannel reports. The fund owned 3,198,575 shares of the technology company’s stock after selling 197,818 shares during the period. Amundi’s holdings in CoStar Group were worth $260,428,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CSGP. Rossby Financial LCC increased its holdings in CoStar Group by 315.9% during the 2nd quarter. Rossby Financial LCC now owns 341 shares of the technology company’s stock worth $27,000 after purchasing an additional 259 shares in the last quarter. Bayforest Capital Ltd acquired a new stake in CoStar Group in the 1st quarter valued at approximately $29,000. GKV Capital Management Co. Inc. bought a new stake in CoStar Group in the 1st quarter valued at approximately $31,000. Zions Bancorporation National Association UT acquired a new position in CoStar Group during the 1st quarter worth approximately $31,000. Finally, NewSquare Capital LLC lifted its position in CoStar Group by 35.6% during the 2nd quarter. NewSquare Capital LLC now owns 411 shares of the technology company’s stock worth $33,000 after buying an additional 108 shares in the last quarter. 96.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on CSGP. Citigroup reissued a “market outperform” rating on shares of CoStar Group in a research report on Wednesday, October 29th. Weiss Ratings reissued a “sell (d)” rating on shares of CoStar Group in a report on Monday. Wolfe Research assumed coverage on shares of CoStar Group in a report on Wednesday, September 3rd. They set an “outperform” rating and a $105.00 target price on the stock. Jefferies Financial Group upgraded shares of CoStar Group to a “hold” rating in a research note on Wednesday, October 29th. Finally, Wells Fargo & Company set a $60.00 target price on CoStar Group and gave the stock an “underweight” rating in a research note on Monday, November 17th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, CoStar Group has an average rating of “Moderate Buy” and an average target price of $93.38.

CoStar Group Stock Down 0.3%

Shares of CSGP opened at $68.01 on Friday. CoStar Group, Inc. has a 12 month low of $63.82 and a 12 month high of $97.43. The firm’s 50 day moving average is $72.80 and its 200-day moving average is $80.83. The stock has a market capitalization of $28.82 billion, a PE ratio of 1,360.20, a P/E/G ratio of 3.30 and a beta of 0.84. The company has a current ratio of 3.12, a quick ratio of 3.12 and a debt-to-equity ratio of 0.12.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings results on Tuesday, October 28th. The technology company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.04. The business had revenue of $833.60 million during the quarter, compared to analysts’ expectations of $823.62 million. CoStar Group had a return on equity of 2.45% and a net margin of 0.66%.The firm’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.22 earnings per share. 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. Equities research analysts forecast that CoStar Group, Inc. will post 0.94 EPS for the current year.

CoStar Group Company Profile

CoStar Group, Inc provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America. The company offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar Sales, a robust database of comparable commercial real estate sales transactions; CoStar Market Analytics to view and report on aggregated market and submarket trends; and CoStar Tenant, an online business-to-business prospecting and analytical tool that provides tenant information.