CoStar Group Inc (CSGP) Stake Increased by Emerald Advisers Inc. PA

Emerald Advisers Inc. PA raised its position in shares of CoStar Group Inc (NASDAQ:CSGP) by 15.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,641 shares of the technology company’s stock after buying an additional 758 shares during the period. Emerald Advisers Inc. PA’s holdings in CoStar Group were worth $1,675,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Janus Henderson Group PLC increased its holdings in shares of CoStar Group by 3.1% during the third quarter. Janus Henderson Group PLC now owns 2,698,163 shares of the technology company’s stock worth $723,782,000 after buying an additional 81,157 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of CoStar Group by 1,019.7% during the third quarter. JPMorgan Chase & Co. now owns 699,773 shares of the technology company’s stock worth $186,210,000 after buying an additional 637,278 shares in the last quarter. TimesSquare Capital Management LLC increased its holdings in shares of CoStar Group by 6.3% during the third quarter. TimesSquare Capital Management LLC now owns 688,359 shares of the technology company’s stock worth $184,652,000 after buying an additional 40,492 shares in the last quarter. Bares Capital Management Inc. grew its stake in shares of CoStar Group by 8.4% during the third quarter. Bares Capital Management Inc. now owns 600,005 shares of the technology company’s stock valued at $160,951,000 after purchasing an additional 46,294 shares during the last quarter. Finally, State Street Corp grew its stake in shares of CoStar Group by 0.9% during the second quarter. State Street Corp now owns 575,987 shares of the technology company’s stock valued at $151,839,000 after purchasing an additional 5,207 shares during the last quarter. 98.85% of the stock is owned by institutional investors.

CSGP has been the topic of several research analyst reports. B. Riley reissued a “buy” rating and set a $350.00 price target (up from $335.00) on shares of CoStar Group in a research note on Thursday, October 26th. Wells Fargo & Co set a $400.00 price target on shares of CoStar Group and gave the company a “buy” rating in a research note on Thursday, January 18th. Goldman Sachs Group initiated coverage on shares of CoStar Group in a research note on Wednesday, November 8th. They set a “buy” rating and a $359.00 price target on the stock. SunTrust Banks reissued a “buy” rating and set a $335.00 price target on shares of CoStar Group in a research note on Friday, October 27th. Finally, BidaskClub raised shares of CoStar Group from a “hold” rating to a “buy” rating in a research note on Thursday, January 11th. One analyst has rated the stock with a sell rating, nine have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $365.00.

Shares of CoStar Group Inc (NASDAQ:CSGP) opened at $329.06 on Friday. CoStar Group Inc has a 52 week low of $197.18 and a 52 week high of $355.80. The company has a debt-to-equity ratio of 0.15, a quick ratio of 3.96 and a current ratio of 3.96. The company has a market cap of $12,198.02, a P/E ratio of 99.41, a PEG ratio of 3.68 and a beta of 1.66.

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CoStar Group Company Profile

CoStar Group, Inc (CoStar) is a provider of information, analytics and online marketplaces to the commercial real estate and related business community through its database of commercial real estate information covering the United States, the United Kingdom, and parts of Canada, Spain, Germany and France.

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Institutional Ownership by Quarter for CoStar Group (NASDAQ:CSGP)

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