CoStar Group Inc (CSGP) Shares Sold by Citadel Advisors LLC

Citadel Advisors LLC lessened its stake in CoStar Group Inc (NASDAQ:CSGP) by 6.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 137,328 shares of the technology company’s stock after selling 8,795 shares during the quarter. Citadel Advisors LLC’s holdings in CoStar Group were worth $40,779,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Toronto Dominion Bank lifted its holdings in shares of CoStar Group by 12.3% in the second quarter. Toronto Dominion Bank now owns 401 shares of the technology company’s stock worth $106,000 after buying an additional 44 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of CoStar Group by 5.9% in the second quarter. The Manufacturers Life Insurance Company now owns 1,188 shares of the technology company’s stock worth $313,000 after buying an additional 66 shares in the last quarter. Rosenblum Silverman Sutton S F Inc. CA lifted its holdings in shares of CoStar Group by 1.6% in the fourth quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 11,230 shares of the technology company’s stock worth $3,335,000 after buying an additional 180 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of CoStar Group by 2.7% in the third quarter. Victory Capital Management Inc. now owns 6,983 shares of the technology company’s stock worth $1,873,000 after buying an additional 181 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of CoStar Group by 4.0% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,484 shares of the technology company’s stock worth $1,471,000 after buying an additional 213 shares in the last quarter. 97.20% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have recently commented on CSGP shares. SunTrust Banks reissued a “buy” rating and issued a $335.00 target price on shares of CoStar Group in a report on Friday, October 27th. Needham & Company LLC restated a “buy” rating and issued a $325.00 price target on shares of CoStar Group in a research report on Friday, October 27th. B. Riley restated a “buy” rating and issued a $350.00 price target (up previously from $335.00) on shares of CoStar Group in a research report on Thursday, October 26th. Goldman Sachs Group began coverage on shares of CoStar Group in a research report on Wednesday, November 8th. They issued a “buy” rating and a $359.00 price target on the stock. Finally, Wells Fargo & Co set a $400.00 price target on shares of CoStar Group and gave the stock a “buy” rating in a research report on Thursday, January 18th. One investment analyst has rated the stock with a sell rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. CoStar Group currently has an average rating of “Buy” and a consensus price target of $365.00.

Shares of CoStar Group Inc (NASDAQ:CSGP) opened at $350.14 on Monday. CoStar Group Inc has a 1 year low of $197.18 and a 1 year high of $355.80. The firm has a market cap of $12,655.98, a price-to-earnings ratio of 87.75, a P/E/G ratio of 3.81 and a beta of 1.66. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.96 and a quick ratio of 3.96.

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About CoStar Group

CoStar Group, Inc (CoStar) is a provider of information, analytics and online marketplaces to the commercial real estate and related business community through its database of commercial real estate information covering the United States, the United Kingdom, and parts of Canada, Spain, Germany and France.

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Institutional Ownership by Quarter for CoStar Group (NASDAQ:CSGP)

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