WoodTrust Financial Corp Has $2 Million Holdings in CoStar Group, Inc. (NASDAQ:CSGP)

WoodTrust Financial Corp lifted its position in shares of CoStar Group, Inc. (NASDAQ:CSGP - Free Report) by 132.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,190 shares of the technology company's stock after purchasing an additional 14,365 shares during the quarter. WoodTrust Financial Corp's holdings in CoStar Group were worth $1,996,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of CSGP. Polen Capital Management LLC acquired a new stake in shares of CoStar Group during the 4th quarter worth approximately $465,134,000. Norges Bank acquired a new stake in CoStar Group in the 4th quarter valued at $390,755,000. Capital International Investors boosted its stake in CoStar Group by 44.9% in the 4th quarter. Capital International Investors now owns 14,032,363 shares of the technology company's stock valued at $1,004,578,000 after buying an additional 4,345,267 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in CoStar Group by 24.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 6,415,895 shares of the technology company's stock valued at $459,314,000 after buying an additional 1,267,263 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its stake in CoStar Group by 2,181.8% in the 4th quarter. Canada Pension Plan Investment Board now owns 1,129,307 shares of the technology company's stock valued at $80,847,000 after buying an additional 1,079,815 shares in the last quarter. Institutional investors and hedge funds own 96.60% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on CSGP. JMP Securities reaffirmed a "market outperform" rating and issued a $85.00 price target on shares of CoStar Group in a research note on Wednesday, April 30th. Deutsche Bank Aktiengesellschaft initiated coverage on CoStar Group in a research report on Friday, February 28th. They issued a "buy" rating and a $89.00 price objective for the company. William Blair initiated coverage on CoStar Group in a research note on Friday, February 28th. They issued a "market perform" rating on the stock. Keefe, Bruyette & Woods boosted their price objective on CoStar Group from $93.00 to $95.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 30th. Finally, Piper Sandler initiated coverage on CoStar Group in a research note on Friday, February 28th. They issued an "overweight" rating on the stock. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $87.69.

CoStar Group Trading Up 0.5%

CSGP stock opened at $80.04 on Tuesday. The company has a market cap of $33.77 billion, a P/E ratio of 276.00, a PEG ratio of 4.01 and a beta of 0.87. CoStar Group, Inc. has a twelve month low of $68.26 and a twelve month high of $83.68. The company has a quick ratio of 6.01, a current ratio of 6.01 and a debt-to-equity ratio of 0.12. The business has a fifty day moving average of $77.78 and a 200-day moving average of $76.35.

CoStar Group 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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