Motley Fool Wealth Management LLC Has $10.81 Million Holdings in Zillow Group Inc Class C (Z)

Motley Fool Wealth Management LLC cut its holdings in Zillow Group Inc Class C (NASDAQ:Z) by 3.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 183,001 shares of the financial services provider’s stock after selling 7,169 shares during the period. Motley Fool Wealth Management LLC owned 0.09% of Zillow Group Inc Class C worth $10,808,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Tredje AP fonden grew its stake in shares of Zillow Group Inc Class C by 3.9% during the 1st quarter. Tredje AP fonden now owns 27,360 shares of the financial services provider’s stock valued at $1,472,000 after buying an additional 1,020 shares during the period. Toronto Dominion Bank grew its stake in shares of Zillow Group Inc Class C by 17.4% during the 1st quarter. Toronto Dominion Bank now owns 7,352 shares of the financial services provider’s stock valued at $395,000 after buying an additional 1,087 shares during the period. DekaBank Deutsche Girozentrale grew its stake in shares of Zillow Group Inc Class C by 17.9% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 7,410 shares of the financial services provider’s stock valued at $428,000 after buying an additional 1,126 shares during the period. Great West Life Assurance Co. Can grew its stake in shares of Zillow Group Inc Class C by 4.1% during the 1st quarter. Great West Life Assurance Co. Can now owns 37,274 shares of the financial services provider’s stock valued at $2,007,000 after buying an additional 1,466 shares during the period. Finally, Bank of Montreal Can grew its stake in shares of Zillow Group Inc Class C by 2.6% during the 2nd quarter. Bank of Montreal Can now owns 67,794 shares of the financial services provider’s stock valued at $4,005,000 after buying an additional 1,712 shares during the period. Institutional investors own 59.97% of the company’s stock.

In related news, CEO Spencer M. Rascoff sold 50,000 shares of the stock in a transaction dated Wednesday, May 30th. The shares were sold at an average price of $57.30, for a total transaction of $2,865,000.00. Following the sale, the chief executive officer now owns 50,000 shares in the company, valued at $2,865,000. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Kathleen Philips sold 113,724 shares of the stock in a transaction dated Monday, June 11th. The stock was sold at an average price of $62.63, for a total transaction of $7,122,534.12. Following the sale, the insider now owns 29,673 shares in the company, valued at approximately $1,858,419.99. The disclosure for this sale can be found here. In the last quarter, insiders have sold 479,311 shares of company stock worth $29,139,976. 58.08% of the stock is owned by company insiders.

Shares of Zillow Group Inc Class C stock opened at $46.97 on Monday. The stock has a market capitalization of $9.50 billion, a PE ratio of 313.13 and a beta of 0.55. The company has a current ratio of 8.18, a quick ratio of 8.13 and a debt-to-equity ratio of 0.14. Zillow Group Inc Class C has a 1 year low of $37.68 and a 1 year high of $65.70.

Zillow Group Inc Class C (NASDAQ:Z) last issued its earnings results on Monday, August 6th. The financial services provider reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.05. The business had revenue of $325.25 million for the quarter. Zillow Group Inc Class C had a negative net margin of 7.54% and a positive return on equity of 0.23%. sell-side analysts forecast that Zillow Group Inc Class C will post 0.59 earnings per share for the current year.

Several analysts have recently issued reports on Z shares. ValuEngine cut shares of Zillow Group Inc Class C from a “hold” rating to a “sell” rating in a research note on Wednesday, August 8th. Morgan Stanley upped their price target on shares of Zillow Group Inc Class C from $50.00 to $54.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 11th. Bank of America cut shares of Zillow Group Inc Class C from a “buy” rating to a “neutral” rating in a research report on Tuesday, August 7th. BidaskClub raised shares of Zillow Group Inc Class C from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 2nd. Finally, KeyCorp decreased their price target on shares of Zillow Group Inc Class C from $63.00 to $56.00 and set an “overweight” rating for the company in a research report on Tuesday, August 7th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $56.11.

Zillow Group Inc Class C Profile

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 consumers 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.

See Also: Diversification Important in Investing

Institutional Ownership by Quarter for Zillow Group Inc Class C (NASDAQ:Z)

Receive News & Ratings for Zillow Group Inc Class C Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zillow Group Inc Class C and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply