Blair William & Co. IL Purchases 257,311 Shares of CoStar Group, Inc. $CSGP

Blair William & Co. IL boosted its position in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 9.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,128,473 shares of the technology company’s stock after purchasing an additional 257,311 shares during the quarter. Blair William & Co. IL owned about 0.74% of CoStar Group worth $263,949,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in CSGP. Empirical Finance LLC raised its holdings in shares of CoStar Group by 1.4% in the second quarter. Empirical Finance LLC now owns 8,376 shares of the technology company’s stock valued at $673,000 after acquiring an additional 114 shares in the last quarter. STF Management LP grew its holdings in CoStar Group by 2.1% during the 2nd quarter. STF Management LP now owns 6,269 shares of the technology company’s stock worth $504,000 after acquiring an additional 128 shares in the last quarter. Rossby Financial LCC grew its holdings in CoStar Group by 47.5% during the 3rd quarter. Rossby Financial LCC now owns 503 shares of the technology company’s stock worth $42,000 after acquiring an additional 162 shares in the last quarter. Golden State Wealth Management LLC increased its position in CoStar Group by 4.8% during the 3rd quarter. Golden State Wealth Management LLC now owns 3,626 shares of the technology company’s stock valued at $306,000 after purchasing an additional 166 shares during the period. Finally, Zions Bancorporation National Association UT raised its holdings in shares of CoStar Group by 41.8% in the 3rd quarter. Zions Bancorporation National Association UT now owns 563 shares of the technology company’s stock valued at $48,000 after purchasing an additional 166 shares in the last quarter. 96.60% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CSGP has been the topic of a number of recent research reports. Needham & Company LLC dropped their price objective on shares of CoStar Group from $80.00 to $60.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Citizens Jmp lowered their target price on CoStar Group from $78.00 to $73.00 and set a “market outperform” rating for the company in a report on Wednesday, February 25th. Royal Bank Of Canada cut their price target on CoStar Group from $75.00 to $57.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 25th. The Goldman Sachs Group lowered their target price on shares of CoStar Group from $84.00 to $73.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Finally, Bank of America set a $74.00 price target on shares of CoStar Group in a report on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $73.35.

CoStar Group Stock Down 1.1%

NASDAQ:CSGP opened at $48.38 on Friday. The company has a current ratio of 2.84, a quick ratio of 2.84 and a debt-to-equity ratio of 0.12. CoStar Group, Inc. has a twelve month low of $43.16 and a twelve month high of $97.43. The company has a market cap of $20.31 billion, a PE ratio of 4,842.84, a P/E/G ratio of 1.32 and a beta of 0.89. The company’s 50 day moving average is $56.48 and its two-hundred day moving average is $69.50.

CoStar Group (NASDAQ:CSGP) last released its earnings results on Tuesday, February 24th. The technology company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.04. CoStar Group had a return on equity of 2.53% and a net margin of 0.23%.The firm had revenue of $900.00 million for the quarter, compared to the consensus estimate of $892.22 million. During the same period in the prior year, the firm earned $0.26 EPS. The firm’s revenue was up 26.9% on a year-over-year basis. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. Analysts anticipate that CoStar Group, Inc. will post 0.94 EPS for the current year.

CoStar Group announced that its Board of Directors has approved a stock repurchase plan on Wednesday, January 7th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the technology company to purchase up to 5.3% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

CoStar Group Company Profile

CoStar Group, Inc is a provider of information, analytics and online marketplaces for the commercial real estate industry. The company gathers property-level data, builds market analytics and supplies research tools used by brokers, owners, lenders, investors and other real estate professionals to evaluate markets, track inventory and manage listings. CoStar’s offerings are delivered primarily through subscription-based platforms that combine proprietary databases, mapping and workflow applications to support decision-making across the property life cycle.

In addition to its core CoStar research service, the company operates prominent online listing and marketing platforms that connect buyers, sellers, tenants and brokers.