Zillow Group, Inc. (NASDAQ:Z) Shares Acquired by Teza Capital Management LLC

Teza Capital Management LLC boosted its position in shares of Zillow Group, Inc. (NASDAQ:ZFree Report) by 62.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,448 shares of the financial services provider’s stock after acquiring an additional 3,619 shares during the quarter. Teza Capital Management LLC’s holdings in Zillow Group were worth $436,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. California State Teachers Retirement System grew its stake in shares of Zillow Group by 1.1% during the third quarter. California State Teachers Retirement System now owns 257,232 shares of the financial services provider’s stock worth $11,874,000 after purchasing an additional 2,843 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of Zillow Group by 43.6% in the 3rd quarter. Tower Research Capital LLC TRC now owns 13,965 shares of the financial services provider’s stock valued at $645,000 after acquiring an additional 4,239 shares during the last quarter. MQS Management LLC purchased a new position in shares of Zillow Group in the 3rd quarter valued at about $233,000. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Zillow Group by 14.1% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 909,739 shares of the financial services provider’s stock worth $41,994,000 after acquiring an additional 112,727 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in Zillow Group by 6.9% during the third quarter. Northern Trust Corp now owns 977,365 shares of the financial services provider’s stock worth $45,115,000 after purchasing an additional 62,843 shares during the last quarter. 71.17% of the stock is currently owned by hedge funds and other institutional investors.

Zillow Group Stock Up 0.4 %

Shares of Zillow Group stock opened at $57.34 on Tuesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 3.24 and a quick ratio of 3.24. Zillow Group, Inc. has a 1-year low of $33.80 and a 1-year high of $61.13. The business has a 50-day moving average of $55.63 and a 200-day moving average of $48.96. The company has a market capitalization of $13.39 billion, a PE ratio of -84.32 and a beta of 1.77.

Insider Buying and Selling

In related news, insider Dan Spaulding sold 5,114 shares of the business’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $55.45, for a total transaction of $283,571.30. Following the completion of the sale, the insider now owns 43,180 shares of the company’s stock, valued at approximately $2,394,331. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other news, insider Dan Spaulding sold 5,114 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $55.45, for a total transaction of $283,571.30. Following the completion of the sale, the insider now directly owns 43,180 shares of the company’s stock, valued at approximately $2,394,331. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, General Counsel Bradley D. Owens sold 966 shares of Zillow Group stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of $58.01, for a total value of $56,037.66. Following the transaction, the general counsel now owns 17,181 shares in the company, valued at approximately $996,669.81. The disclosure for this sale can be found here. Over the last three months, insiders sold 52,523 shares of company stock worth $2,934,120. Corporate insiders own 15.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on Z. Morgan Stanley dropped their price objective on Zillow Group from $55.00 to $40.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 7th. JPMorgan Chase & Co. raised their price target on Zillow Group from $46.00 to $65.00 and gave the stock an “overweight” rating in a research note on Friday, January 26th. Finally, Jefferies Financial Group boosted their price objective on Zillow Group from $70.00 to $75.00 and gave the company a “buy” rating in a research note on Monday. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Zillow Group presently has a consensus rating of “Hold” and a consensus target price of $58.75.

Read Our Latest Analysis on Z

About Zillow Group

(Free Report)

Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.

See Also

Institutional Ownership by Quarter for Zillow Group (NASDAQ:Z)

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