CoStar Group, Inc. $CSGP Shares Bought by Swedbank AB

Swedbank AB lifted its position in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 21.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 302,360 shares of the technology company’s stock after buying an additional 52,433 shares during the quarter. Swedbank AB’s holdings in CoStar Group were worth $25,510,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Rossby Financial LCC grew its stake in CoStar Group by 315.9% in 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 period. Bayforest Capital Ltd purchased a new position in shares of CoStar Group during the 1st quarter worth $29,000. GKV Capital Management Co. Inc. acquired a new stake in shares of CoStar Group during the first quarter worth $31,000. NewSquare Capital LLC grew its position in shares of CoStar Group by 35.6% in the second quarter. NewSquare Capital LLC now owns 411 shares of the technology company’s stock valued at $33,000 after purchasing an additional 108 shares during the period. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of CoStar Group in the second quarter valued at $36,000. Hedge funds and other institutional investors own 96.60% of the company’s stock.

Analyst Ratings Changes

CSGP has been the topic of a number of research analyst reports. Jefferies Financial Group raised CoStar Group to a “hold” rating in a research note on Wednesday, October 29th. Citigroup reiterated a “market outperform” rating on shares of CoStar Group in a report on Monday, December 15th. Needham & Company LLC restated a “buy” rating and issued a $105.00 target price on shares of CoStar Group in a report on Monday, December 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CoStar Group in a research report on Monday. Finally, Wells Fargo & Company set a $60.00 price target on shares of CoStar Group and gave the stock an “underweight” rating in a research note on Monday, November 17th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, CoStar Group presently has a consensus rating of “Moderate Buy” and an average price target of $93.38.

CoStar Group Price Performance

CSGP opened at $66.83 on Friday. CoStar Group, Inc. has a 52-week low of $62.00 and a 52-week high of $97.43. The company has a 50 day moving average of $69.04 and a two-hundred day moving average of $79.98. The company has a market cap of $28.32 billion, a P/E ratio of 1,336.60, a P/E/G ratio of 3.24 and a beta of 0.84. The company has a quick ratio of 3.12, a current ratio of 3.12 and a debt-to-equity ratio of 0.12.

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

CoStar Group Company Profile

CoStar Group, Inc is a provider of information, analytics and online marketplaces for the commercial real estate industry. The company gathers property-level data, builds market analytics and supplies research tools used by brokers, owners, lenders, investors and other real estate professionals to evaluate markets, track inventory and manage listings. CoStar’s offerings are delivered primarily through subscription-based platforms that combine proprietary databases, mapping and workflow applications to support decision-making across the property life cycle.

In addition to its core CoStar research service, the company operates prominent online listing and marketing platforms that connect buyers, sellers, tenants and brokers.