Centaurus Financial Inc. Has $2.70 Million Position in CoStar Group, Inc. $CSGP

Centaurus Financial Inc. increased its position in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 55.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 33,560 shares of the technology company’s stock after buying an additional 11,904 shares during the quarter. Centaurus Financial Inc.’s holdings in CoStar Group were worth $2,698,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Rossby Financial LCC boosted its position 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 acquiring an additional 259 shares during the last quarter. Bayforest Capital Ltd acquired a new stake in shares of CoStar Group in the first quarter valued at approximately $29,000. GKV Capital Management Co. Inc. bought a new stake in shares of CoStar Group in the first quarter worth $31,000. NewSquare Capital LLC boosted its holdings in CoStar Group by 35.6% during the second quarter. NewSquare Capital LLC now owns 411 shares of the technology company’s stock worth $33,000 after purchasing an additional 108 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new position in CoStar Group in the second quarter valued at $36,000. Institutional investors own 96.60% of the company’s stock.

CoStar Group Trading Up 1.1%

CoStar Group stock opened at $68.23 on Monday. The stock has a 50-day simple moving average of $71.14 and a 200 day simple moving average of $80.68. The stock has a market capitalization of $28.92 billion, a P/E ratio of 1,364.60, a PEG ratio of 3.31 and a beta of 0.84. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.12 and a current ratio of 3.12. CoStar Group, Inc. has a 52 week low of $63.82 and a 52 week high of $97.43.

CoStar Group (NASDAQ:CSGP) last released its quarterly earnings data 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. CoStar Group had a return on equity of 2.45% and a net margin of 0.66%.The firm had revenue of $833.60 million for the quarter, compared to analyst estimates of $823.62 million. During the same quarter in the prior year, the company earned $0.22 earnings per share. The business’s revenue for the quarter was up 20.4% compared to the same quarter last year. 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. Analysts expect that CoStar Group, Inc. will post 0.94 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of CoStar Group in a research note on Monday, December 8th. Wells Fargo & Company set a $60.00 target price on CoStar Group and gave the company an “underweight” rating in a research report on Monday, November 17th. Needham & Company LLC reiterated a “buy” rating and set a $105.00 target price on shares of CoStar Group in a report on Monday, December 8th. Jefferies Financial Group upgraded CoStar Group to a “hold” rating in a research note on Wednesday, October 29th. Finally, Wolfe Research initiated coverage on CoStar Group in a research report on Wednesday, September 3rd. They set an “outperform” rating and a $105.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, CoStar Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $93.38.

CoStar Group 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.