CoStar Group, Inc. (NASDAQ:CSGP) Holdings Raised by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky increased its position in shares of CoStar Group, Inc. (NASDAQ:CSGP - Free Report) by 4.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 165,175 shares of the technology company's stock after purchasing an additional 6,923 shares during the quarter. Teachers Retirement System of The State of Kentucky's holdings in CoStar Group were worth $13,086,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Proficio Capital Partners LLC lifted its holdings in shares of CoStar Group by 15.8% in the 4th quarter. Proficio Capital Partners LLC now owns 4,192 shares of the technology company's stock worth $300,000 after purchasing an additional 573 shares during the last quarter. Farther Finance Advisors LLC increased its position in CoStar Group by 77.1% in the fourth quarter. Farther Finance Advisors LLC now owns 850 shares of the technology company's stock worth $61,000 after buying an additional 370 shares during the period. Teacher Retirement System of Texas lifted its stake in CoStar Group by 40.2% in the fourth quarter. Teacher Retirement System of Texas now owns 3,836 shares of the technology company's stock valued at $275,000 after buying an additional 1,100 shares during the last quarter. Mizuho Securities USA LLC boosted its holdings in shares of CoStar Group by 46.2% during the fourth quarter. Mizuho Securities USA LLC now owns 38,855 shares of the technology company's stock valued at $2,782,000 after acquiring an additional 12,281 shares during the period. Finally, American Century Companies Inc. boosted its holdings in shares of CoStar Group by 3.4% during the fourth quarter. American Century Companies Inc. now owns 61,350 shares of the technology company's stock valued at $4,392,000 after acquiring an additional 2,041 shares during the period. Institutional investors and hedge funds own 96.60% of the company's stock.

CoStar Group Stock Down 0.3%

NASDAQ:CSGP opened at $84.70 on Monday. The company has a current ratio of 6.01, a quick ratio of 6.01 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $35.73 billion, a price-to-earnings ratio of 292.07, a PEG ratio of 4.27 and a beta of 0.89. The business's fifty day moving average price is $79.40 and its 200 day moving average price is $77.62. CoStar Group, Inc. has a 1-year low of $68.26 and a 1-year high of $86.45.

Analyst Ratings Changes

Several analysts have weighed in on CSGP shares. Stephens raised CoStar Group to a "strong-buy" rating and set a $105.00 target price on the stock in a research note on Monday, June 16th. Needham & Company LLC increased their target price on shares of CoStar Group from $87.00 to $98.00 and gave the company a "buy" rating in a research report on Wednesday, April 30th. Bank of America started coverage on shares of CoStar Group in a research note on Friday, May 30th. They set a "neutral" rating and a $79.00 target price on the stock. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $83.00 price target on shares of CoStar Group in a research note on Tuesday, June 24th. Finally, Keefe, Bruyette & Woods raised their price objective on shares of CoStar Group from $95.00 to $100.00 and gave the company an "outperform" rating in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $88.46.

CoStar Group Company Profile

CoStar Group, Inc provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America. The company offers CoStar Property that provides inventory of office, industrial, retail, multifamily, hospitality, and student housing properties and land; CoStar Sales, a robust database of comparable commercial real estate sales transactions; CoStar Market Analytics to view and report on aggregated market and submarket trends; and CoStar Tenant, an online business-to-business prospecting and analytical tool that provides tenant information.

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