Ycg LLC Trims Stock Holdings in CoStar Group, Inc. $CSGP

Ycg LLC trimmed its position in CoStar Group, Inc. (NASDAQ:CSGP) by 18.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 359,321 shares of the technology company’s stock after selling 79,490 shares during the quarter. CoStar Group comprises 2.3% of Ycg LLC’s holdings, making the stock its 18th largest position. Ycg LLC owned approximately 0.08% of CoStar Group worth $30,316,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC boosted its holdings in shares of CoStar Group by 9.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,789 shares of the technology company’s stock valued at $379,000 after acquiring an additional 426 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of CoStar Group by 727.5% during the first quarter. NewEdge Advisors LLC now owns 1,473 shares of the technology company’s stock worth $117,000 after purchasing an additional 1,295 shares during the last quarter. Jones Financial Companies Lllp lifted its position in CoStar Group by 860.7% during the first quarter. Jones Financial Companies Lllp now owns 12,691 shares of the technology company’s stock valued at $1,006,000 after purchasing an additional 11,370 shares during the period. Empowered Funds LLC boosted its holdings in CoStar Group by 9.2% in the first quarter. Empowered Funds LLC now owns 7,941 shares of the technology company’s stock valued at $629,000 after purchasing an additional 666 shares during the last quarter. Finally, Woodline Partners LP boosted its holdings in CoStar Group by 44.6% in the first quarter. Woodline Partners LP now owns 35,604 shares of the technology company’s stock valued at $2,821,000 after purchasing an additional 10,984 shares during the last quarter. Hedge funds and other institutional investors own 96.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CSGP. Weiss Ratings reiterated a “sell (d)” rating on shares of CoStar Group in a research note on Monday, December 29th. BTIG Research began coverage on CoStar Group in a report on Friday, October 3rd. They set a “neutral” rating on the stock. Needham & Company LLC decreased their price target on CoStar Group from $105.00 to $80.00 and set a “buy” rating for the company in a report on Thursday, January 8th. Wells Fargo & Company restated an “underweight” rating and issued a $55.00 price objective (down previously from $60.00) on shares of CoStar Group in a research report on Thursday, January 8th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $84.00 target price on shares of CoStar Group in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $82.50.

CoStar Group Stock Up 3.1%

CSGP stock opened at $65.34 on Friday. CoStar Group, Inc. has a 52 week low of $57.01 and a 52 week high of $97.43. The company has a quick ratio of 3.12, a current ratio of 3.12 and a debt-to-equity ratio of 0.12. The firm has a 50-day simple moving average of $66.30 and a 200-day simple moving average of $78.17. The stock has a market capitalization of $27.69 billion, a P/E ratio of 1,306.80, a P/E/G ratio of 1.62 and a beta of 0.84.

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

CoStar Group announced that its board has authorized a stock repurchase plan on Wednesday, January 7th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the technology company to reacquire up to 5.3% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

About CoStar Group

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.