Signaturefd LLC Has $424,000 Stock Holdings in CoStar Group, Inc. (NASDAQ:CSGP)

Signaturefd LLC decreased its position in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 6.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,855 shares of the technology company’s stock after selling 351 shares during the quarter. Signaturefd LLC’s holdings in CoStar Group were worth $424,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Deutsche Bank AG raised its position in shares of CoStar Group by 37.1% during the 3rd quarter. Deutsche Bank AG now owns 739,725 shares of the technology company’s stock valued at $56,877,000 after acquiring an additional 200,183 shares during the last quarter. Simplicity Solutions LLC raised its position in shares of CoStar Group by 5.7% during the 4th quarter. Simplicity Solutions LLC now owns 7,971 shares of the technology company’s stock valued at $697,000 after acquiring an additional 431 shares during the last quarter. Wellington Management Group LLP raised its position in shares of CoStar Group by 22.7% during the 3rd quarter. Wellington Management Group LLP now owns 3,580,549 shares of the technology company’s stock valued at $275,308,000 after acquiring an additional 662,592 shares during the last quarter. LPL Financial LLC raised its position in shares of CoStar Group by 16.8% during the 3rd quarter. LPL Financial LLC now owns 86,580 shares of the technology company’s stock valued at $6,657,000 after acquiring an additional 12,422 shares during the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. raised its position in shares of CoStar Group by 6.0% during the 3rd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 4,559 shares of the technology company’s stock valued at $351,000 after acquiring an additional 260 shares during the last quarter. Institutional investors own 96.60% of the company’s stock.

CoStar Group Price Performance

Shares of NASDAQ CSGP opened at $91.95 on Thursday. The firm has a market cap of $37.55 billion, a PE ratio of 125.96, a PEG ratio of 9.73 and a beta of 0.84. The company has a current ratio of 12.01, a quick ratio of 12.01 and a debt-to-equity ratio of 0.13. CoStar Group, Inc. has a 1-year low of $67.35 and a 1-year high of $100.38. The company has a fifty day moving average price of $89.40 and a 200 day moving average price of $84.64.

CoStar Group (NASDAQ:CSGP) last announced its earnings results on Tuesday, February 20th. The technology company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.01. CoStar Group had a net margin of 11.64% and a return on equity of 4.97%. The firm had revenue of $640.00 million during the quarter, compared to analyst estimates of $634.27 million. During the same period in the prior year, the business earned $0.35 EPS. The company’s revenue for the quarter was up 11.7% compared to the same quarter last year. Research analysts predict that CoStar Group, Inc. will post 0.44 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have commented on CSGP shares. Royal Bank of Canada upped their target price on shares of CoStar Group from $95.00 to $109.00 and gave the company an “outperform” rating in a research report on Monday, March 25th. JMP Securities restated a “market outperform” rating and issued a $110.00 price objective on shares of CoStar Group in a research report on Friday, April 12th. BMO Capital Markets upped their price objective on shares of CoStar Group from $79.00 to $84.00 and gave the company a “market perform” rating in a research report on Friday, April 19th. Bank of America upped their price objective on shares of CoStar Group from $97.00 to $111.00 and gave the company a “buy” rating in a research report on Monday, March 18th. Finally, William Blair restated an “outperform” rating on shares of CoStar Group in a research report on Wednesday. Four equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $102.15.

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.