Economy

(CSGP) Shares now up at $268.25 CoStar Group, Inc. Announces Exercise of…

The stock decreased 0.36% or $0.95 during the last trading session, reaching $266.1.

The company is up by 0.81% percent from yesterday's close. The stock declined 0.52% or $0.54 reaching $103.37 on the news. About 4,490 shares traded. Viveve Medical Inc (NASDAQ:VIVE) has risen 5.85% since September 28, 2016 and is uptrending. CoStar Group now has a consensus rating of Buy and an average target price of $313.67. After $0.77 actual EPS reported by CoStar Group Inc for the previous quarter, Wall Street now forecasts 22.08% EPS growth. William Blair Investment Management LLC now owns 1,621,963 shares of the technology company's stock worth $336,103,000 after buying an additional 10,560 shares during the last quarter. About 1.15 million shares traded or 586.44% up from the average.

Shares of CoStar Group (NASDAQ CSGP) opened at 268.25 on Tuesday. It has outperformed by 12.78% the S&P500. Announces Public Offering of Common Stock" published on September 25, 2017 as well as Prnewswire.com's news article titled: "CoStar Group, Inc. The firm has "Market Perform" rating given on Friday, July 8 by Wells Fargo. The firm has "Buy" rating given on Monday, August 22 by Needham. The firm has "Hold" rating by Buckingham Research given on Monday, September 11. Its up 0.23, from 1.28 in 2017Q1. The total value of its holdings increased 5.8%. Bedrijfstakpensioenfonds Voor De Media Pno owns 76,955 shares or 0.61% of their U.S. portfolio. Bluecrest Cap accumulated 69,833 shares. Dana Investment Advsr Inc has 37,576 shares for 0.12% of their portfolio. With short interest at 811,694 and short average daily volume at 126,374, the short-interest ratio is 6.0 and the short interest percentage is 0.03% as of August 31. Lenox Wealth Inc holds 0.03% or 320 shares. It also reduced its holding in Vanguard Intl Equity Index F (VEU) by 11,591 shares in the quarter, leaving it with 35,282 shares, and cut its stake in Spdr Series Trust (SDY). Sumitomo Mitsui Holdings owns 206,456 shares. Wright Serv has invested 0.91% of its portfolio in Citigroup Inc (NYSE:C). Shelton Mgmt owns 5,580 shares. Financial Bank Of America De holds 277,491 shares. Hill John W also sold $107,589 worth of CoStar Group Inc (NASDAQ:CSGP) on Tuesday, May 2. $372,667 worth of stock was sold by LINDNER S CRAIG on Friday, May 12. VIVE's SI was 2.34M shares in September as released by FINRA.

Short traders are feeling a little more bullish on shares of CoStar Group, Inc. recently if you take note of the decrease in short interest. Legal & General Group Plc now owns 30,209 shares of the technology company's stock worth $6,260,000 after acquiring an additional 9,589 shares in the last quarter.

Shares of CoStar Group, Inc.

Investors sentiment increased to 1.1 in 2017 Q2.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Great West Life Assurance Can invested in 10,325 shares. Shellback Capital LP stated it has 9,481 shares or 0.22% of all its holdings. Jefferies Grp Ltd Company has invested 0.01% in CoStar Group Inc (NASDAQ:CSGP). State Bank Of Nova Scotia invested in 0% or 1,060 shares. The Missouri-based Stifel Fincl has invested 0.04% in CoStar Group Inc (NASDAQ:CSGP). Comerica Natl Bank reported 1,589 shares stake. Lebenthal Asset Management, LLC controls 8,083 shares worth $1,675,000. Riverbridge Prns Ltd has 3% invested in CoStar Group Inc (NASDAQ:CSGP) for 595,500 shares.

WARNING: "CoStar Group, Inc". Creative Planning holds 59 shares.

Since May 1, 2017, it had 0 insider buys, and 5 selling transactions for $12.53 million activity.

In other CoStar Group news, VP Matthew Linnington sold 1,767 shares of the company's stock in a transaction dated Monday, July 31st. BidaskClub downgraded CoStar Group from a "strong-buy" rating to a "buy" rating in a research report on Sunday, July 16th. Therefore 100% are positive. Valener Inc had 14 analyst reports since October 23, 2015 according to SRatingsIntel. The stock presently has an average rating of "Buy" and an average target price of $313.67. Zacks Investment Research lowered CoStar Group from a "buy" rating to a "hold" rating in a report on Tuesday, June 6th.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.



Like this

loading...
loading...

Latest


01 October 2017
Cabot Oil & Gas Corporation (COG) Receiving Somewhat Favorable News Coverage, Analysis Finds
Finally, TIAA CREF Investment Management LLC increased its stake in Cabot Oil & Gas Corporation by 52.8% in the 2nd quarter. Oppenheimer Asset Incorporated holds 0.01% of its portfolio in Cabot Oil & Gas Corporation (NYSE: COG ) for 20,571 shares.

01 October 2017
Technical Charts and Signs for Discover Financial Services (DFS)
V Wealth Management LLC purchased a new stake in Discover Financial Services during the second quarter valued at about $101,000. Out of 7 Wall Street analysts rating Michael Kors, 0 give it "Buy", 1 "Sell" rating , while 6 recommend "Hold".

01 October 2017
RCom calls off merger with Aircel due to legal, regulatory uncertainties
The decision comes days after Anil Ambani had said the telecom sector is in an "ICCU" with government and lenders most at risk. Reliance Communications and Aircel have called off talks for a possible merger of their respective mobile service operations.

01 October 2017
Choate Investment Advisors Trims Position in Cognizant Technology Solutions Corporation (NASDAQ:CTSH)
The firm owned 67,145 shares of the information technology service provider's stock after selling 71,500 shares during the period. The stock of Washington Prime Group Inc (NYSE:WPG) has "Neutral" rating given on Friday, July 15 by Goldman Sachs.

01 October 2017
Advisor Group Inc. Buys 2081 Shares of Crown Castle International Corporation (CCI)
Crown Castle International Corp. has a 52-week low of $79.38 and a 52-week high of $102.82. (REIT) (NYSE:CCI) on Tuesday, May 16. It worsened, as 46 investors sold CCI shares while 195 reduced holdings. 80 funds opened positions while 235 raised stakes.

01 October 2017
Maxim Integrated Products Inc. (MXIM) Shares Bought by Nisa Investment Advisors LLC
This buyback authorization allows the semiconductor company to buy up to 7.4% of its shares through open market purchases. On a similar note, the stock is 4.2% above its 50-day moving average, providing a measure of support for short positions.

01 October 2017
Trump to travel to Asia on November 3-14: White House
He has been pressing Beijing for more balanced trade and been openly critical of China's large trade surpluses with the US. While his efforts have had limited success thus far, he went out of his way to thank Mr Xi on Tuesday for his efforts.

01 October 2017
Vettel not relying on Hamilton misfortune
Get excited", he captioned the video, which had been watched over 330,000 times by Wednesday morning. I could continue for a little bit more but the damage was so bad I had to stop anyway.

01 October 2017
Analysts See $0.15 EPS for Agnico Eagle Mines Ltd (AEM)
ITW's profit will be $571.28 million for 22.28 P/E if the $1.66 EPS becomes a reality. (NYSE:ITW) on Monday, June 5. The company had revenue of $549.88 million for the quarter, compared to the consensus estimate of $529.43 million.

01 October 2017
Carlo Ancelotti 'could be sacked today' as Bayern Munich plan crisis talks
Rummenigge hinted at possible repercussions for the PSG result, saying: "It's a loss we have to talk about, we have to analyse. I now expect the team to have a positive development and top performance, so we can reach our goals for this season".