BidaskClub upgraded shares of Zillow Group (NASDAQ:Z) from a hold rating to a buy rating in a research report report published on Saturday, February 10th.
A number of other analysts have also recently commented on the stock. Morgan Stanley upgraded shares of Zillow Group from an equal weight rating to an overweight rating and set a $50.00 price target for the company in a research note on Wednesday, January 10th. Cowen reiterated a hold rating on shares of Zillow Group in a research note on Friday, February 9th. Finally, Canaccord Genuity increased their price target on shares of Zillow Group from $52.00 to $53.00 and gave the company a buy rating in a research note on Wednesday, November 8th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has an average rating of Buy and an average price target of $50.07.
Shares of Zillow Group (NASDAQ Z) opened at $46.85 on Friday. The company has a current ratio of 7.11, a quick ratio of 6.44 and a debt-to-equity ratio of 0.14. Zillow Group has a 12-month low of $32.56 and a 12-month high of $51.23.
In other Zillow Group news, insider Greg M. Schwartz sold 60,000 shares of the firm’s stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $46.18, for a total value of $2,770,800.00. Following the transaction, the insider now directly owns 43,000 shares of the company’s stock, valued at approximately $1,985,740. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Amy Bohutinsky sold 27,783 shares of the firm’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $45.39, for a total transaction of $1,261,070.37. Following the completion of the transaction, the chief operating officer now directly owns 27,783 shares in the company, valued at $1,261,070.37. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 445,986 shares of company stock worth $19,126,381. 21.72% of the stock is owned by insiders.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Massey Quick Simon & CO. LLC acquired a new stake in Zillow Group during the 3rd quarter worth approximately $130,000. Advisor Group Inc. boosted its position in Zillow Group by 574.2% during the 4th quarter. Advisor Group Inc. now owns 3,708 shares of the financial services provider’s stock worth $152,000 after buying an additional 3,158 shares during the period. JPMorgan Chase & Co. boosted its position in Zillow Group by 878.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,152 shares of the financial services provider’s stock worth $154,000 after buying an additional 2,830 shares during the period. Toronto Dominion Bank boosted its position in Zillow Group by 246.7% during the 3rd quarter. Toronto Dominion Bank now owns 4,417 shares of the financial services provider’s stock worth $178,000 after buying an additional 3,143 shares during the period. Finally, Virtu Financial LLC acquired a new stake in Zillow Group during the 4th quarter worth approximately $202,000. Institutional investors own 57.99% of the company’s stock.
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Zillow Group Company Profile
Zillow Group, Inc operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company offers a portfolio of brands and products to enable people find information about homes and connect with local professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.
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