Zillow Group Inc (NASDAQ:Z) has been assigned an average rating of “Hold” from the thirteen ratings firms that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $47.71.

A number of research analysts have recently weighed in on Z shares. Susquehanna Bancshares restated a “negative” rating and issued a $23.00 price target on shares of Zillow Group in a research report on Wednesday, November 7th. BidaskClub cut Zillow Group from a “buy” rating to a “hold” rating in a research report on Tuesday, September 18th. ValuEngine upgraded Zillow Group from a “hold” rating to a “buy” rating in a research report on Friday, October 26th. Craig Hallum upgraded Zillow Group from a “hold” rating to a “buy” rating and raised their price target for the company from $35.00 to $50.00 in a research report on Thursday, November 29th. Finally, Zelman & Associates started coverage on Zillow Group in a research report on Friday, November 2nd. They issued a “hold” rating for the company.

NASDAQ:Z opened at $35.84 on Thursday. The company has a current ratio of 11.72, a quick ratio of 11.43 and a debt-to-equity ratio of 0.21. Zillow Group has a 1 year low of $26.38 and a 1 year high of $65.70.

Zillow Group (NASDAQ:Z) last released its quarterly earnings data on Tuesday, November 6th. The financial services provider reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.14). The business had revenue of $343.09 million during the quarter. Zillow Group had a positive return on equity of 0.06% and a negative net margin of 7.94%.

In other news, Vice Chairman Lloyd D. Frink sold 13,600 shares of Zillow Group stock in a transaction dated Monday, September 17th. The stock was sold at an average price of $44.55, for a total value of $605,880.00. Following the transaction, the insider now directly owns 3,528,958 shares of the company’s stock, valued at approximately $157,215,078.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Jennifer Rock sold 898 shares of Zillow Group stock in a transaction dated Thursday, October 18th. The shares were sold at an average price of $41.01, for a total value of $36,826.98. Following the completion of the transaction, the chief financial officer now directly owns 273 shares in the company, valued at $11,195.73. The disclosure for this sale can be found here. Over the last ninety days, insiders bought 2,179,897 shares of company stock worth $67,096,564 and sold 97,877 shares worth $4,388,144. Insiders own 21.72% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in the stock. Great Lakes Advisors LLC lifted its position in Zillow Group by 1,845.8% during the 3rd quarter. Great Lakes Advisors LLC now owns 98,261 shares of the financial services provider’s stock worth $4,348,000 after acquiring an additional 93,211 shares in the last quarter. Clearbridge Investments LLC lifted its position in Zillow Group by 28.2% during the 3rd quarter. Clearbridge Investments LLC now owns 21,542 shares of the financial services provider’s stock worth $953,000 after acquiring an additional 4,740 shares in the last quarter. Legal & General Group Plc lifted its position in Zillow Group by 264.7% during the 3rd quarter. Legal & General Group Plc now owns 461,116 shares of the financial services provider’s stock worth $20,404,000 after acquiring an additional 334,675 shares in the last quarter. TIAA CREF Investment Management LLC lifted its position in Zillow Group by 3.9% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 307,317 shares of the financial services provider’s stock worth $13,599,000 after acquiring an additional 11,585 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in Zillow Group by 19.5% during the 3rd quarter. AQR Capital Management LLC now owns 44,461 shares of the financial services provider’s stock worth $1,967,000 after acquiring an additional 7,259 shares in the last quarter. 56.68% of the stock is currently owned by hedge funds and other institutional investors.

About Zillow Group

Zillow Group, Inc operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company offers a portfolio of brands and products to enable consumers find information about homes and connect with local professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.

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Analyst Recommendations for Zillow Group (NASDAQ:Z)

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