Ensign Peak Advisors Inc Has $4.31 Million Position in Zillow Group, Inc. (NASDAQ:Z)

Ensign Peak Advisors Inc lifted its position in Zillow Group, Inc. (NASDAQ:Z - Free Report) by 9.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 58,258 shares of the financial services provider's stock after purchasing an additional 5,000 shares during the quarter. Ensign Peak Advisors Inc's holdings in Zillow Group were worth $4,314,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. National Bank of Canada FI bought a new stake in Zillow Group during the 4th quarter worth about $55,000. Assetmark Inc. grew its holdings in Zillow Group by 7,410.0% during the 4th quarter. Assetmark Inc. now owns 751 shares of the financial services provider's stock worth $56,000 after acquiring an additional 741 shares during the last quarter. Blue Trust Inc. grew its holdings in Zillow Group by 17.5% during the 4th quarter. Blue Trust Inc. now owns 922 shares of the financial services provider's stock worth $68,000 after acquiring an additional 137 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in Zillow Group by 53.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,055 shares of the financial services provider's stock worth $79,000 after acquiring an additional 367 shares during the last quarter. Finally, Natixis bought a new stake in Zillow Group during the 4th quarter worth about $80,000. Institutional investors own 71.01% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on Z shares. Baird R W raised shares of Zillow Group to a "hold" rating in a research note on Friday, January 31st. Wells Fargo & Company raised shares of Zillow Group to a "hold" rating in a research note on Monday, April 28th. Keefe, Bruyette & Woods reduced their target price on shares of Zillow Group from $80.00 to $76.00 and set a "market perform" rating on the stock in a research note on Wednesday, May 7th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Zillow Group from $90.00 to $95.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Zillow Group in a research note on Wednesday, February 12th. Eight analysts have rated the stock with a hold rating, four have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $83.71.

Zillow Group Price Performance

Z stock traded down $2.21 during trading hours on Monday, reaching $67.60. The stock had a trading volume of 969,026 shares, compared to its average volume of 3,229,616. The stock has a market capitalization of $16.40 billion, a PE ratio of -143.83, a price-to-earnings-growth ratio of 9.24 and a beta of 2.23. The stock has a 50-day simple moving average of $67.29 and a 200 day simple moving average of $74.01. Zillow Group, Inc. has a fifty-two week low of $39.05 and a fifty-two week high of $89.39.

Insider Transactions at Zillow Group

In other news, insider Dan Spaulding sold 5,534 shares of the firm's stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $68.98, for a total transaction of $381,735.32. Following the completion of the sale, the insider now owns 68,889 shares in the company, valued at approximately $4,751,963.22. This trade represents a 7.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Jun Choo sold 55,000 shares of Zillow Group stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $78.18, for a total transaction of $4,299,900.00. Following the completion of the sale, the chief operating officer now owns 86,853 shares of the company's stock, valued at $6,790,167.54. This trade represents a 38.77% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 157,741 shares of company stock worth $11,414,034. 25.03% of the stock is owned by insiders.

Zillow Group Profile

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.