Economy

Livforsakringsbolaget Skandia Omsesidigt Has $108000 Position in Zillow Group, Inc. (NASDAQ:Z)

Analysts look for public financial statements, listen in on conference calls and talk to managers and customers of a company in order to reach an opinion and communicate the value of a stock.

Several other large investors also recently modified their holdings of the company. Lastly, Benchmark lifted the price target on stocks of Zillow Group from $43.00 to $46.00 and issued the shares a buy recommendation in a note on Fri, May 5th. around seven financial stock experts recommended the company shares with a hold recommendation and nine has issued a buy recommendation to the firms shares. the share now has a average recommendation of Buy and an consensus price target of $45.29. Gulf International Bank UK Ltd boosted its stake in shares of Zillow Group by 1.6% in the first quarter. Utah Retirement Systems now owns 9,600 shares of the technology company's stock worth $469,000 after buying an additional 300 shares during the last quarter. Norges Bank acquired a new position in Zillow Group during the fourth quarter valued at approximately $15,520,000. Parametric Portfolio Associates LLC's holdings in Zillow Group were worth $1,084,000 at the end of the most recent quarter.

Geode Capital Management LLC increased its stake in Zillow Group, Inc. Wellington Management Group LLP now owns 3,232,234 shares of the technology company's stock worth $109,282,000 after buying an additional 93,166 shares during the last quarter. Rhumbline Advisers now owns 53,487 shares of the technology company's stock worth $2,612,000 after buying an additional 226 shares during the last quarter. In terms of a technical look around Zillow Group, Inc. (Z) opened at 43.59 on Thursday. The company's 50-day moving average is $23.52 and its 200 day moving average is $21.00. Cowen and Company lifted the price target on stocks of Zillow Group from $37.00 to $40.00 and issued the shares a market perform recommendation in a study on Fri, May 5th. Zillow Group has a 1-year low of $31.17 and a 1-year high of $50.91.

Zillow Group (NASDAQ:ZG) last posted its earnings results on Tuesday, August 8th.

The company's Average Earnings Estimate for the Current Fiscal quarter is $0.17, according to consensus of 18 analysts. The firm had revenue of $266.85 million for the quarter.

Zillow Group, Inc. was covered by a number of analysts recently, 4 rated the stock as Buy, 5 rated Outperform, 9 rated Hold, 0 gave an Underperform and 0 rated sell.

TRADEMARK VIOLATION WARNING: This story was originally posted by BNB Daily and is the sole property of of BNB Daily. If you are reading this article on another site, it was illegally stolen and republished in violation of global copyright & trademark law. The original version of this piece can be read at https://www.thestockobserver.com/2017/08/10/zillow-group-inc-zg-price-target-increased-to-52-00-by-analysts-at-canaccord-genuity.html.

Equity analyst Mizuho Securities added ZG to its research portfolio by announcing an initial rating of "Neutral". Zacks Investment Research raised Zillow Group from a "sell" rating to a "hold" rating in a research note on Wednesday, May 17th. BidaskClub downgraded Zillow Group from a buy rating to a hold rating in a research report on Monday, July 24th.

In other news, insider Greg M. Schwartz sold 3,750 shares of the business's stock in a transaction on Tuesday, August 1st. Valiant Capital Management, L.p. owns 1,490,756 shares with a value of $73,062,000. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders have sold 379,800 shares of company stock worth $16,970,457 over the last three months. 2,133,112 shares of the company's stock traded hands.



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