CoStar Group, Inc. (CSGP) Hits All Time High

June 29, 2018 - By Charla Downs

CoStar Group, Inc. (NASDAQ:CSGP) Corporate Logo

Big Money Sentiment decreased to 0.99 in Q1 2018. It has change of 0.25, from 2017Q4’s 1.24. The ratio dived due to CoStar Group, Inc. positioning: 27 sold and 115 reduced. 50 funds took holdings and 91 increased holdings. Investors holded 33.36 million in 2017Q4 but now own 33.13 million shares or 0.69% less.
Par Mngmt owns 0.46% invested in CoStar Group, Inc. (NASDAQ:CSGP) for 115,000 shs. Teachers Retirement Systems Of The State Of Kentucky holds 12,643 shs or 0.06% of its capital. Cambridge Rech Advisors Inc reported 13,136 shs or 0.05% of all its holdings. Stephens Investment Mngmt Grp Inc Limited Company accumulated 1.8% or 228,735 shs. Geode Management Ltd invested in 0.04% or 323,253 shs. Aperio Grp Limited Liability Company holds 11,866 shs or 0.02% of its capital. 31,865 are owned by State Of Wisconsin Inv Board. First Quadrant Limited Partnership Ca holds 300 shs. Emerald Advisers Incorporated Pa owns 6,056 shs. Group Incorporated holds 1,732 shs or 0% of its capital. Guggenheim holds 2,177 shs. Moreover, Fred Alger Management has 0.02% invested in CoStar Group, Inc. (NASDAQ:CSGP) for 13,706 shs. 22,289 are owned by Marsico Mgmt Ltd Liability. Shell Asset Management Communications invested 0.02% in CoStar Group, Inc. (NASDAQ:CSGP). Proshare Advisors Limited Liability invested 0.02% in CoStar Group, Inc. (NASDAQ:CSGP).

CoStar Group, Inc. had 7 selling transactions and 0 buys since February 27, 2018. This’s net activity of $46.01 million. Wheeler Scott T sold $442,113 worth of stock or 1,250 shs. CARCHEDI FRANCIS sold $4.31 million worth of CoStar Group, Inc. (NASDAQ:CSGP) on Wednesday, March 7. FLORANCE ANDREW C sold $9.21M worth of CoStar Group, Inc. (NASDAQ:CSGP) on Thursday, April 26. On Thursday, March 22 $1.08M worth of stock was sold by KLEIN MICHAEL R. 1,150 shs valued at $415,472 were sold by Hill John W on Thursday, March 29.

Today, Jun, 29 CoStar Group, Inc. (NASDAQ:CSGP) with $415.90 price per share, touched all time high. $440.85 PT or 6.00 % above is our PT. It was posted by Barchart.com. The company has $15.14B MC. At our $440.85 PT, the company worth will be $908.10 million more.

Ticker’s shares touched $415.9 during the last trading session after 0.13% change.CoStar Group, Inc. has volume of 112,412 shares. Since June 29, 2017 CSGP has risen 46.75% and is uptrending. CSGP outperformed the S&P500 by 34.18%.

CoStar Group, Inc. (NASDAQ:CSGP)’s earnings report is expected on July, 25., Zacks reports. Analysts forecast 38.96 % diference or $1.07 from the $0.77 EPS from 2017. CSGP’s profit could be $38.94M if the current EPS of $1.07 is accurate. Wall Street now predicts -25.69 % negative EPS growth despite CoStar Group, Inc. previous quarter’s EPS of $1.44.

CoStar Group, Inc. (NASDAQ:CSGP) Ratings Coverage

In total 6 analysts cover CoStar Group (NASDAQ:CSGP). “Buy” rating has 5, “Sell” are 1, while 0 are “Hold”. 83% are bullish. 6 are the (NASDAQ:CSGP)’s analyst reports since January 17, 2018 according to StockzIntelligence Inc. On Tuesday, April 24 the rating was maintained by JP Morgan with “Underweight”. On Tuesday, April 24 the firm has “Market Outperform” rating given by JMP Securities. On Thursday, January 18 the stock has “Buy” rating by Wells Fargo. On Wednesday, January 24 Stephens maintained CoStar Group, Inc. (NASDAQ:CSGP) rating. Stephens has “Buy” rating and $395.0 target. On Monday, April 23 the company was maintained by SunTrust.

More recent CoStar Group, Inc. (NASDAQ:CSGP) news were brought out by Globenewswire.com, Businesswire.com and Investorplace.com. The first one has “Investor Expectations to Drive Momentum within Mesoblast, Access National, Urogen Pharma, TechTarget, Sina, and …” as a title and was brought out on June 06, 2018. The next is “Steve Becerra and Intero Commercial Are CoStar Power Broker® Award Winners” on June 13, 2018. And last was brought out on June 22, 2018, called “10 A-Rated Internet Stocks to Consider”.

CoStar Group, Inc. provides information, analytics, and online marketplace to the commercial real estate industry in North America and internationally.The firm is worth $15.14 billion. The firm offers CoStar Property Professional service that provides inventory of office, industrial, retail, and multifamily properties and land.The P/E ratio is 93.78. It also provides CoStar COMPS Professional, which covers comparable commercial real estate sales information; CoStar Tenant, an online business-to-business prospecting and analytical tool; CoStarGo, an iPad application; CoStar Market Analytics, an analytics platform; CoStar Lease Comps, an integrated solution that captures, manages, maintains, and analyzes lease data; CoStar Advertising to market a space for lease or a property for sale; and CoStar Portfolio Strategy to meet the research needs of commercial real estate owners, investors, lenders, and government regulators.

CoStar Group, Inc. (NASDAQ:CSGP) Institutional Investors Chart

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