CoStar Group Inc. (NASDAQ:CSGP)’s share price reached a new 52-week high during trading on Friday . The company traded as high as $224.49 and last traded at $223.80, with a volume of 111,336 shares. The stock had previously closed at $216.99.

A number of equities analysts have recently commented on CSGP shares. B. Riley reiterated a “buy” rating and issued a $210.00 price objective on shares of CoStar Group in a research note on Tuesday, April 26th. Zacks Investment Research lowered CoStar Group from a “hold” rating to a “sell” rating in a research note on Wednesday, April 27th. Wells Fargo & Co. reiterated a “buy” rating on shares of CoStar Group in a research note on Tuesday, June 7th. Finally, TheStreet upgraded CoStar Group from a “hold” rating to a “buy” rating in a research note on Wednesday, June 22nd. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $233.00.

The stock has a market cap of $7.21 billion and a PE ratio of 366.79. The stock’s 50-day moving average is $209.82 and its 200 day moving average is $189.72.

CoStar Group (NASDAQ:CSGP) last released its earnings results on Wednesday, April 27th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.26. The firm had revenue of $200 million for the quarter, compared to the consensus estimate of $197.33 million. CoStar Group’s revenue for the quarter was up 25.8% on a year-over-year basis. During the same quarter last year, the company posted $0.34 EPS. Equities research analysts anticipate that CoStar Group Inc. will post $4.09 EPS for the current fiscal year.

Other institutional investors have bought and sold shares of the company. Vanguard Group Inc. increased its position in CoStar Group by 2.3% in the fourth quarter. Vanguard Group Inc. now owns 2,091,573 shares of the company’s stock worth $432,308,000 after buying an additional 48,021 shares in the last quarter. OppenheimerFunds Inc. increased its position in CoStar Group by 2.2% in the fourth quarter. OppenheimerFunds Inc. now owns 421,687 shares of the company’s stock worth $87,158,000 after buying an additional 8,887 shares in the last quarter. Eagle Asset Management Inc. increased its position in CoStar Group by 15.0% in the fourth quarter. Eagle Asset Management Inc. now owns 58,629 shares of the company’s stock worth $12,118,000 after buying an additional 7,626 shares in the last quarter. Stephens Investment Management Group LLC increased its position in CoStar Group by 0.6% in the fourth quarter. Stephens Investment Management Group LLC now owns 223,414 shares of the company’s stock worth $46,177,000 after buying an additional 1,240 shares in the last quarter. Finally, American Capital Management Inc. increased its position in CoStar Group by 1,198.1% in the fourth quarter. American Capital Management Inc. now owns 46,733 shares of the company’s stock worth $9,659,000 after buying an additional 43,133 shares in the last quarter.

CoStar Group, Inc (CoStar) is a provider of information, analytics and online marketplaces to the commercial real estate industry. The Company has five flagship brands: CoStar, LoopNet, Apartments.com, BizBuySell and LandsofAmerica. The Company has operations in the United States, Canada, the United Kingdom and France.

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