Dimensional Fund Advisors LP Raises Stock Holdings in Zillow Group, Inc. (NASDAQ:Z)

Dimensional Fund Advisors LP raised its holdings in Zillow Group, Inc. (NASDAQ:Z - Free Report) by 4.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,540,831 shares of the financial services provider's stock after buying an additional 65,724 shares during the quarter. Dimensional Fund Advisors LP owned 0.66% of Zillow Group worth $114,109,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Ninety One UK Ltd lifted its stake in Zillow Group by 3.2% during the 4th quarter. Ninety One UK Ltd now owns 3,617,761 shares of the financial services provider's stock valued at $267,895,000 after acquiring an additional 111,231 shares in the last quarter. Geode Capital Management LLC grew its position in Zillow Group by 1.0% in the 4th quarter. Geode Capital Management LLC now owns 2,878,124 shares of the financial services provider's stock worth $212,745,000 after purchasing an additional 28,728 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Zillow Group by 0.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,538,709 shares of the financial services provider's stock worth $113,941,000 after buying an additional 11,727 shares in the last quarter. Bridgewater Associates LP grew its holdings in shares of Zillow Group by 38.3% in the fourth quarter. Bridgewater Associates LP now owns 724,532 shares of the financial services provider's stock valued at $53,652,000 after acquiring an additional 200,760 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of Zillow Group by 1,337.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 397,211 shares of the financial services provider's stock valued at $29,413,000 after acquiring an additional 369,580 shares during the last quarter. 71.01% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Zillow Group

In related news, insider Errol G. Samuelson sold 2,854 shares of the stock in a transaction that occurred on Wednesday, March 26th. The shares were sold at an average price of $73.34, for a total transaction of $209,312.36. Following the transaction, the insider now owns 142,636 shares in the company, valued at $10,460,924.24. This represents a 1.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Jun Choo sold 1,277 shares of Zillow Group stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $77.72, for a total transaction of $99,248.44. Following the completion of the sale, the chief operating officer now directly owns 86,853 shares of the company's stock, valued at approximately $6,750,215.16. This trade represents a 1.45 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 73,919 shares of company stock valued at $5,744,978. 23.76% of the stock is owned by insiders.

Zillow Group Stock Up 0.1 %

Shares of NASDAQ:Z traded up $0.05 during trading on Thursday, hitting $67.38. The stock had a trading volume of 1,218,291 shares, compared to its average volume of 3,334,138. The company has a market capitalization of $16.34 billion, a PE ratio of -143.79, a PEG ratio of 9.24 and a beta of 2.19. The firm's fifty day moving average is $68.86 and its 200 day moving average is $73.22. Zillow Group, Inc. has a 12 month low of $38.45 and a 12 month high of $89.39.

Zillow Group (NASDAQ:Z - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The financial services provider reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.48). Zillow Group had a negative return on equity of 2.12% and a negative net margin of 5.01%. Equities research analysts expect that Zillow Group, Inc. will post 0.32 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Wedbush reiterated an "outperform" rating and issued a $100.00 price objective on shares of Zillow Group in a research note on Wednesday, February 12th. Baird R W raised Zillow Group to a "hold" rating in a report on Friday, January 31st. William Blair assumed coverage on shares of Zillow Group in a report on Monday, April 21st. They set a "market perform" rating on the stock. Keefe, Bruyette & Woods started coverage on shares of Zillow Group in a research report on Friday, March 28th. They issued a "market perform" rating and a $80.00 price target on the stock. Finally, Morgan Stanley raised their price objective on shares of Zillow Group from $60.00 to $75.00 and gave the stock an "equal weight" rating in a report on Monday, January 13th. Eight research analysts have rated the stock with a hold rating, four have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, Zillow Group presently has a consensus rating of "Moderate Buy" and a consensus target price of $81.71.

About Zillow Group

Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.