Choreo LLC Purchases 3,209 Shares of CoStar Group, Inc. $CSGP

Choreo LLC raised its position in CoStar Group, Inc. (NASDAQ:CSGP) by 29.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,081 shares of the technology company’s stock after acquiring an additional 3,209 shares during the period. Choreo LLC’s holdings in CoStar Group were worth $1,132,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of CSGP. LPL Financial LLC lifted its position in CoStar Group by 3.2% in the first quarter. LPL Financial LLC now owns 446,550 shares of the technology company’s stock worth $35,380,000 after purchasing an additional 13,781 shares during the period. Bayforest Capital Ltd acquired a new position in shares of CoStar Group in the 1st quarter valued at $29,000. Nicolet Advisory Services LLC lifted its holdings in shares of CoStar Group by 21.0% during the 1st quarter. Nicolet Advisory Services LLC now owns 8,573 shares of the technology company’s stock worth $647,000 after acquiring an additional 1,486 shares during the period. Hartford Investment Management Co. increased its stake in CoStar Group by 2.1% in the first quarter. Hartford Investment Management Co. now owns 25,748 shares of the technology company’s stock valued at $2,040,000 after acquiring an additional 518 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in CoStar Group by 12.5% in the first quarter. PNC Financial Services Group Inc. now owns 102,880 shares of the technology company’s stock worth $8,151,000 after purchasing an additional 11,394 shares in the last quarter. Institutional investors and hedge funds own 96.60% of the company’s stock.

CoStar Group Price Performance

Shares of CSGP stock opened at $68.83 on Friday. CoStar Group, Inc. has a 52 week low of $63.82 and a 52 week high of $97.43. The stock has a market capitalization of $29.17 billion, a PE ratio of 1,376.60, a PEG ratio of 3.32 and a beta of 0.86. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.83 and a current ratio of 3.12. The stock’s fifty day moving average is $74.42 and its 200-day moving average is $81.15.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings results on Tuesday, October 28th. The technology company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.04. CoStar Group had a net margin of 0.66% and a return on equity of 2.45%. The business had revenue of $833.60 million for the quarter, compared to the consensus estimate of $823.62 million. During the same quarter in the prior year, the company earned $0.22 EPS. The firm’s quarterly revenue was up 20.4% on a year-over-year basis. CoStar Group has set its Q4 2025 guidance at 0.260-0.280 EPS. FY 2025 guidance at 0.820-0.840 EPS. Equities research analysts expect that CoStar Group, Inc. will post 0.94 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on CSGP shares. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $91.00 price objective on shares of CoStar Group in a report on Thursday, October 9th. Citigroup reaffirmed a “market outperform” rating on shares of CoStar Group in a research note on Wednesday, October 29th. Jefferies Financial Group raised CoStar Group to a “hold” rating in a report on Wednesday, October 29th. BTIG Research began coverage on shares of CoStar Group in a report on Friday, October 3rd. They issued a “neutral” rating on the stock. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of CoStar Group in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, CoStar Group has an average rating of “Moderate Buy” and a consensus target price of $93.38.

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.