Shares of Zillow Group, Inc. (NASDAQ:Z) have earned a consensus rating of “Buy” from the twelve brokerages that are presently covering the firm, MarketBeat reports. Six analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $163.17.
Several research firms have weighed in on Z. Susquehanna Bancshares lifted their target price on Zillow Group from $130.00 to $200.00 and gave the company a “neutral” rating in a research report on Thursday, February 11th. Jefferies Financial Group raised Zillow Group from a “hold” rating to a “buy” rating in a research report on Monday, January 11th. Citigroup raised Zillow Group from a “neutral” rating to a “buy” rating in a research report on Thursday, February 11th. Deutsche Bank Aktiengesellschaft dropped their target price on Zillow Group from $225.00 to $185.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, Needham & Company LLC initiated coverage on Zillow Group in a research note on Monday. They issued a “hold” rating for the company.
Shares of Z traded down $4.63 during mid-day trading on Thursday, reaching $121.07. The company had a trading volume of 250,799 shares, compared to its average volume of 3,429,463. Zillow Group has a 52-week low of $40.81 and a 52-week high of $208.11. The company has a quick ratio of 9.73, a current ratio of 10.08 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $29.14 billion, a P/E ratio of -60.83 and a beta of 1.14. The stock has a 50 day moving average of $135.62 and a two-hundred day moving average of $132.69.
Zillow Group (NASDAQ:Z) last posted its quarterly earnings results on Wednesday, February 10th. The financial services provider reported $0.20 EPS for the quarter. Zillow Group had a negative return on equity of 9.76% and a negative net margin of 11.54%. The firm had revenue of $788.95 million during the quarter.
In other Zillow Group news, insider Errol G. Samuelson sold 1,996 shares of the business’s stock in a transaction on Wednesday, February 17th. The stock was sold at an average price of $189.31, for a total transaction of $377,862.76. Following the sale, the insider now directly owns 27,011 shares in the company, valued at $5,113,452.41. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Jennifer Rock sold 3,538 shares of the business’s stock in a transaction on Wednesday, February 17th. The stock was sold at an average price of $193.73, for a total value of $685,416.74. Following the sale, the chief accounting officer now owns 36,685 shares in the company, valued at $7,106,985.05. The disclosure for this sale can be found here. Insiders have sold 509,714 shares of company stock worth $75,435,753 in the last ninety days. 19.87% of the stock is currently owned by corporate insiders.
Several large investors have recently modified their holdings of Z. Berman Capital Advisors LLC lifted its position in Zillow Group by 75.7% during the fourth quarter. Berman Capital Advisors LLC now owns 253 shares of the financial services provider’s stock worth $31,000 after buying an additional 109 shares during the period. Nvwm LLC acquired a new stake in Zillow Group during the third quarter worth about $33,000. IFP Advisors Inc increased its stake in Zillow Group by 56.6% during the first quarter. IFP Advisors Inc now owns 465 shares of the financial services provider’s stock worth $60,000 after acquiring an additional 168 shares during the last quarter. Baldwin Brothers Inc. MA increased its stake in Zillow Group by 42.3% during the first quarter. Baldwin Brothers Inc. MA now owns 498 shares of the financial services provider’s stock worth $65,000 after acquiring an additional 148 shares during the last quarter. Finally, FNY Investment Advisers LLC increased its stake in Zillow Group by 233.3% during the fourth quarter. FNY Investment Advisers LLC now owns 500 shares of the financial services provider’s stock worth $64,000 after acquiring an additional 350 shares during the last quarter. Institutional investors and hedge funds own 76.11% of the company’s stock.
About Zillow Group
Zillow Group, Inc engages in the provision of real estate and home-related information marketplaces on mobile and the web. It operates through the following segments: Internet, Media & Technology (IMT), Homes and Mortgages segment. The IMT segment includes premier agent, rentals and new construction marketplaces, as well as dotloop, display and other advertising and business software solutions.
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