Benjamin F. Edwards & Company Inc. Purchases Shares of 1,400 Zillow Group Inc (Z)

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Benjamin F. Edwards & Company Inc. purchased a new position in shares of Zillow Group Inc (NASDAQ:Z) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,400 shares of the financial services provider’s stock, valued at approximately $44,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Baillie Gifford & Co. lifted its position in shares of Zillow Group by 4.5% during the 3rd quarter. Baillie Gifford & Co. now owns 10,374,923 shares of the financial services provider’s stock worth $459,090,000 after buying an additional 447,301 shares during the last quarter. Vanguard Group Inc lifted its position in shares of Zillow Group by 4.2% during the 3rd quarter. Vanguard Group Inc now owns 9,614,442 shares of the financial services provider’s stock worth $425,438,000 after buying an additional 386,768 shares during the last quarter. Global Thematic Partners LLC lifted its position in shares of Zillow Group by 31.7% during the 4th quarter. Global Thematic Partners LLC now owns 2,073,767 shares of the financial services provider’s stock worth $65,490,000 after buying an additional 499,425 shares during the last quarter. Valiant Capital Management L.P. lifted its position in shares of Zillow Group by 33.4% during the 3rd quarter. Valiant Capital Management L.P. now owns 1,561,014 shares of the financial services provider’s stock worth $69,075,000 after buying an additional 390,958 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. lifted its position in shares of Zillow Group by 225.9% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,135,501 shares of the financial services provider’s stock worth $50,246,000 after buying an additional 787,071 shares during the last quarter. Institutional investors own 58.98% of the company’s stock.

Several research firms recently commented on Z. BidaskClub upgraded shares of Zillow Group from a “hold” rating to a “buy” rating in a research report on Thursday, January 31st. Needham & Company LLC began coverage on shares of Zillow Group in a research report on Tuesday, January 8th. They issued a “hold” rating and a $30.85 price target for the company. ValuEngine downgraded shares of Zillow Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 2nd. Craig Hallum upgraded shares of Zillow Group from a “hold” rating to a “buy” rating and upped their price target for the company from $35.00 to $50.00 in a research report on Thursday, November 29th. Finally, Standpoint Research began coverage on shares of Zillow Group in a research report on Monday, November 26th. They issued a “buy” rating and a $48.00 price target for the company. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $46.76.

In other news, Director Jay C. Hoag bought 385,000 shares of Zillow Group stock in a transaction on Friday, November 30th. The shares were bought at an average cost of $36.30 per share, for a total transaction of $13,975,500.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Greg M. Schwartz sold 5,400 shares of the company’s stock in a transaction dated Wednesday, January 2nd. The shares were sold at an average price of $31.44, for a total transaction of $169,776.00. Following the completion of the transaction, the insider now owns 1,800 shares in the company, valued at $56,592. The disclosure for this sale can be found here. Over the last three months, insiders purchased 2,179,897 shares of company stock worth $67,096,564. 58.08% of the stock is owned by corporate insiders.

Shares of NASDAQ Z opened at $35.79 on Thursday. Zillow Group Inc has a 52 week low of $26.38 and a 52 week high of $65.70. The company has a quick ratio of 11.43, a current ratio of 11.72 and a debt-to-equity ratio of 0.21.

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Zillow Group Profile

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

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