Quantinno Capital Management LP increased its holdings in CoStar Group, Inc. (NASDAQ:CSGP – Free Report) by 68.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 340,154 shares of the technology company’s stock after acquiring an additional 138,006 shares during the quarter. Quantinno Capital Management LP’s holdings in CoStar Group were worth $13,722,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. United Capital Financial Advisors LLC increased its holdings in CoStar Group by 2.3% during the 3rd quarter. United Capital Financial Advisors LLC now owns 7,545 shares of the technology company’s stock worth $637,000 after purchasing an additional 167 shares during the last quarter. Man Group plc raised its position in shares of CoStar Group by 1.7% in the 2nd quarter. Man Group plc now owns 10,368 shares of the technology company’s stock valued at $834,000 after purchasing an additional 177 shares in the last quarter. Norinchukin Bank The boosted its stake in shares of CoStar Group by 0.5% during the 3rd quarter. Norinchukin Bank The now owns 35,539 shares of the technology company’s stock valued at $2,998,000 after buying an additional 184 shares during the last quarter. Keel Point LLC boosted its stake in shares of CoStar Group by 6.4% during the 2nd quarter. Keel Point LLC now owns 3,830 shares of the technology company’s stock valued at $308,000 after buying an additional 231 shares during the last quarter. Finally, Horizon Investments LLC grew its position in shares of CoStar Group by 1.8% during the fourth quarter. Horizon Investments LLC now owns 14,079 shares of the technology company’s stock worth $947,000 after buying an additional 247 shares in the last quarter. Hedge funds and other institutional investors own 96.60% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on the stock. Wolfe Research restated an “outperform” rating and issued a $32.00 price target (down from $35.00) on shares of CoStar Group in a research note on Wednesday, July 29th. Needham & Company LLC reduced their price objective on shares of CoStar Group from $50.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, July 29th. Wells Fargo & Company set a $26.00 price objective on shares of CoStar Group and gave the stock an “underweight” rating in a report on Wednesday, June 24th. Weiss Ratings reissued a “sell (d)” rating on shares of CoStar Group in a research report on Wednesday, June 24th. Finally, Royal Bank Of Canada set a $34.00 target price on shares of CoStar Group and gave the company a “sector perform” rating in a research note on Monday, July 13th. Nine analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $41.61.
CoStar Group Stock Performance
CoStar Group stock opened at $30.03 on Tuesday. The company has a market cap of $12.17 billion, a PE ratio of 158.06, a P/E/G ratio of 0.76 and a beta of 0.72. The company has a fifty day moving average price of $30.47 and a two-hundred day moving average price of $39.78. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.21 and a quick ratio of 2.21. CoStar Group, Inc. has a 12 month low of $25.89 and a 12 month high of $97.43.
CoStar Group (NASDAQ:CSGP – Get Free Report) last issued its earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. The company had revenue of $925.00 million for the quarter, compared to analysts’ expectations of $928.81 million. CoStar Group had a net margin of 2.08% and a return on equity of 3.74%. The firm’s revenue was up 18.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.17 earnings per share. CoStar Group has set its Q3 2026 guidance at 0.310-0.340 EPS and its FY 2026 guidance at 1.320-1.390 EPS. Research analysts expect that CoStar Group, Inc. will post 1.06 earnings per share for the current year.
CoStar Group 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.
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