CoStar Group, Inc. (CSGP) Surges to All-Time High at $415.90 on Jun, 29

June 29, 2018 - By Anthony Rauscher

CoStar Group, Inc. (NASDAQ:CSGP) Corporate Logo

Big Money Sentiment decreased to 0.99 in Q1 2018. It has change of 0.25, from 2017Q4’s 1.24. The ratio worsened due to CoStar Group, Inc. positioning: 27 sold and 115 reduced. 50 funds bought positions and 91 increased positions. Investors holded 33.36 million in 2017Q4 but now own 33.13 million shares or 0.69% less.
Gulf Interest National Bank & Trust (Uk) Ltd owns 11,329 shs. Segall Bryant & Hamill holds 7,910 shs. Deutsche Financial Bank Ag holds 0.03% of its capital in CoStar Group, Inc. (NASDAQ:CSGP) for 108,124 shs. Moreover, Picton Mahoney Asset has 0.59% invested in CoStar Group, Inc. (NASDAQ:CSGP). State Street Corp holds 0.02% or 643,358 shs. Fmr Ltd Llc reported 198,504 shs stake. Rice Hall James And Associates Limited Liability Co owns 0.15% invested in CoStar Group, Inc. (NASDAQ:CSGP) for 10,496 shs. Switzerland-based Banque Pictet & Cie has invested 0.04% in CoStar Group, Inc. (NASDAQ:CSGP). Panagora Asset Mgmt Inc invested in 0.02% or 15,408 shs. Jane Street Gru Ltd Llc holds 0% in CoStar Group, Inc. (NASDAQ:CSGP) or 2,796 shs. The Massachusetts-based Amundi Pioneer Asset Mngmt Inc has invested 0.06% in CoStar Group, Inc. (NASDAQ:CSGP). Richard Bernstein Advsrs Limited Company accumulated 0.02% or 1,357 shs. Qs Investors Limited Liability Corp reported 0% stake. Neuberger Berman Grp Limited Liability Company has 0.06% invested in CoStar Group, Inc. (NASDAQ:CSGP). Stephens Mgmt Group Incorporated Ltd Liability Com holds 228,735 shs or 1.8% of its capital.

CoStar Group, Inc. registered $46.01 million net activity with 0 buys and 7 sales since February 27, 2018. 3,000 shs were sold by KLEIN MICHAEL R, worth $1.08M on Thursday, March 22. $2.76 million worth of CoStar Group, Inc. (NASDAQ:CSGP) was sold by Linnington Matthew. On Thursday, March 29 Hill John W also sold $415,472 worth of CoStar Group, Inc. (NASDAQ:CSGP). FLORANCE ANDREW C also sold $27.79 million worth of CoStar Group, Inc. (NASDAQ:CSGP) on Tuesday, February 27. Shares for $4.31 million were sold by CARCHEDI FRANCIS.

Today, Jun, 29 CoStar Group, Inc. (NASDAQ:CSGP) with $415.90 price per share, touched all time high. $440.85 PT or 6.00 % above is our PT. It was posted by Barchart.com. The company has $15.14B MC. At our $440.85 PT, the company worth will be $908.10 million more.

CSGP reached $415.9 during the last trading session after $0.56 change.Currently CoStar Group, Inc. is uptrending after 46.75% change in last June 29, 2017. CSGP has 112,412 shares volume. The stock outperformed the S&P 500 by 34.18%.

CoStar Group, Inc. (NASDAQ:CSGP) is anticipated to announce earnings on July, 25., according to RTT. Analysts expect change of 38.96 % or $0.30 from previous year’s $0.77 EPS compared to current’s $1.07 EPS. If CSGP’s EPS is $1.07 the profit will be $38.94M for 97.17 P/E. Wall Street sees -25.69 % negative EPS growth as of July, 25.

CoStar Group, Inc. (NASDAQ:CSGP) Ratings Coverage

A total of 6 analysts rate CoStar Group (NASDAQ:CSGP) as follows: 5 “Buy”, 0 “Hold” and 1 “Sell”. Тherefore 83% are bullish. (NASDAQ:CSGP) has 6 ratings reports on Jun 29, 2018 according to StockzIntelligence. The company rating was maintained by JMP Securities on Tuesday, April 24. On Wednesday, January 24 the company was maintained by Stephens. On Thursday, January 18 the firm has “Buy” rating given by Wells Fargo. On Monday, April 23 the stock of CoStar Group, Inc. (NASDAQ:CSGP) has “Buy” rating given by SunTrust. On Tuesday, April 24 the stock has “Underweight” rating by JP Morgan.

More recent CoStar Group, Inc. (NASDAQ:CSGP) news were published by Globenewswire.com, Investorplace.com and Businesswire.com. The first one has “Investor Expectations to Drive Momentum within Mesoblast, Access National, Urogen Pharma, TechTarget, Sina, and …” as a title and was published on June 06, 2018. The next is “10 A-Rated Internet Stocks to Consider” on June 22, 2018. And last was published on June 13, 2018, called “Steve Becerra and Intero Commercial Are CoStar Power Broker® Award Winners”.

CoStar Group, Inc. provides information, analytics, and online marketplace to the commercial real estate industry in North America and internationally.The company has $15.14 billion market cap. The firm offers CoStar Property Professional service that provides inventory of office, industrial, retail, and multifamily properties and land.93.78 is the P/E ratio. It also provides CoStar COMPS Professional, which covers comparable commercial real estate sales information; CoStar Tenant, an online business-to-business prospecting and analytical tool; CoStarGo, an iPad application; CoStar Market Analytics, an analytics platform; CoStar Lease Comps, an integrated solution that captures, manages, maintains, and analyzes lease data; CoStar Advertising to market a space for lease or a property for sale; and CoStar Portfolio Strategy to meet the research needs of commercial real estate owners, investors, lenders, and government regulators.

CoStar Group, Inc. (NASDAQ:CSGP) Institutional Investors Chart

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