CoStar Group, Inc. $CSGP Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its position in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 3.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,236,180 shares of the technology company’s stock after buying an additional 67,262 shares during the quarter. Dimensional Fund Advisors LP owned about 0.53% of CoStar Group worth $188,661,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Quent Capital LLC bought a new stake in shares of CoStar Group in the 3rd quarter valued at approximately $26,000. Manning & Napier Advisors LLC acquired a new stake in shares of CoStar Group during the 3rd quarter valued at approximately $28,000. Westside Investment Management Inc. boosted its holdings in CoStar Group by 100.0% in the third quarter. Westside Investment Management Inc. now owns 360 shares of the technology company’s stock worth $30,000 after purchasing an additional 180 shares during the period. Root Financial Partners LLC acquired a new position in CoStar Group in the third quarter worth $31,000. Finally, SJS Investment Consulting Inc. boosted its holdings in CoStar Group by 3,046.2% in the third quarter. SJS Investment Consulting Inc. now owns 409 shares of the technology company’s stock worth $35,000 after purchasing an additional 396 shares during the period. Institutional investors own 96.60% of the company’s stock.

CoStar Group Stock Down 1.1%

CoStar Group stock opened at $48.38 on Monday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.84 and a current ratio of 2.84. CoStar Group, Inc. has a one year low of $43.16 and a one year high of $97.43. The company has a 50-day simple moving average of $56.48 and a 200-day simple moving average of $69.23. The firm has a market capitalization of $20.31 billion, a P/E ratio of 4,842.84, a P/E/G ratio of 1.30 and a beta of 0.90.

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

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

Wall Street Analyst Weigh In

A number of analysts have weighed in on CSGP shares. Deutsche Bank Aktiengesellschaft set a $68.00 target price on shares of CoStar Group in a report on Thursday, January 8th. Citizens Jmp reduced their price target on shares of CoStar Group from $78.00 to $73.00 and set a “market outperform” rating on the stock in a research report on Wednesday, February 25th. Wells Fargo & Company decreased their price target on shares of CoStar Group from $48.00 to $44.00 and set an “underweight” rating for the company in a report on Wednesday, February 25th. Royal Bank Of Canada lowered their price objective on shares of CoStar Group from $75.00 to $57.00 and set a “sector perform” rating for the company in a research report on Wednesday, February 25th. Finally, The Goldman Sachs Group dropped their price objective on shares of CoStar Group from $84.00 to $73.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $73.35.

About CoStar Group

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.