CoStar Group, Inc. $CSGP Shares Purchased by Voya Investment Management LLC

Voya Investment Management LLC grew its position in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 49.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,846,286 shares of the technology company’s stock after buying an additional 614,515 shares during the period. Voya Investment Management LLC owned about 0.44% of CoStar Group worth $155,771,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in CSGP. First Citizens Bank & Trust Co. raised its holdings in shares of CoStar Group by 22.4% during the second quarter. First Citizens Bank & Trust Co. now owns 125,889 shares of the technology company’s stock worth $10,121,000 after purchasing an additional 23,043 shares during the period. Third Point LLC grew its position in shares of CoStar Group by 56.2% during the 2nd quarter. Third Point LLC now owns 3,085,000 shares of the technology company’s stock valued at $248,034,000 after buying an additional 1,110,000 shares during the last quarter. Stephens Investment Management Group LLC grew its position in shares of CoStar Group by 4.7% during the 2nd quarter. Stephens Investment Management Group LLC now owns 773,281 shares of the technology company’s stock valued at $62,172,000 after buying an additional 34,444 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its stake in CoStar Group by 4.4% during the second quarter. Nomura Asset Management Co. Ltd. now owns 153,459 shares of the technology company’s stock worth $12,338,000 after acquiring an additional 6,517 shares during the period. Finally, Generate Investment Management Ltd bought a new position in CoStar Group in the second quarter worth about $6,306,000. 96.60% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Wells Fargo & Company set a $60.00 target price on CoStar Group and gave the company an “underweight” rating in a report on Monday, November 17th. Jefferies Financial Group upgraded CoStar Group to a “hold” rating in a research report on Wednesday, October 29th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $91.00 target price on shares of CoStar Group in a research report on Thursday, October 9th. Needham & Company LLC reiterated a “buy” rating and issued a $105.00 target price on shares of CoStar Group in a research note on Monday, December 8th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of CoStar Group in a report on Monday. One investment 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 given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $93.38.

CoStar Group Stock Up 0.1%

Shares of CoStar Group stock opened at $64.88 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.12 and a quick ratio of 3.12. CoStar Group, Inc. has a 1-year low of $62.00 and a 1-year high of $97.43. The business’s fifty day moving average price is $69.92 and its two-hundred day moving average price is $80.33. The company has a market capitalization of $27.50 billion, a P/E ratio of 1,297.60, a PEG ratio of 3.14 and a beta of 0.84.

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

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.