Shares of Zillow Group Inc (NASDAQ:Z) reached a new 52-week low on Tuesday . The stock traded as low as $26.38 and last traded at $27.85, with a volume of 107810 shares. The stock had previously closed at $27.16.

A number of analysts recently weighed in on Z shares. ValuEngine lowered shares of Zillow Group from a “hold” rating to a “sell” rating in a report on Wednesday, August 8th. BidaskClub lowered shares of Zillow Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 1st. UBS Group lowered shares of Zillow Group to a “neutral” rating in a report on Wednesday, November 7th. Morgan Stanley lowered their price target on shares of Zillow Group from $52.00 to $33.00 and set an “equal weight” rating for the company in a report on Thursday, November 8th. Finally, Bank of America lowered shares of Zillow Group from a “buy” rating to a “neutral” rating in a report on Tuesday, August 7th. One analyst has rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $48.82.

The stock has a market capitalization of $5.88 billion, a price-to-earnings ratio of 188.20 and a beta of 0.63. 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 (NASDAQ:Z) last posted its quarterly earnings data on Tuesday, November 6th. The financial services provider reported $0.03 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.14). The company had revenue of $343.09 million during the quarter. Zillow Group had a negative net margin of 7.94% and a positive return on equity of 0.06%.

In other Zillow Group news, Chairman Richard N. Barton purchased 50,702 shares of the stock in a transaction on Friday, November 16th. The shares were purchased at an average cost of $28.14 per share, for a total transaction of $1,426,754.28. Following the purchase, the chairman now owns 6,408,847 shares of the company’s stock, valued at $180,344,954.58. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Richard N. Barton purchased 536,022 shares of the stock in a transaction on Monday, November 19th. The stock was acquired at an average price of $27.35 per share, for a total transaction of $14,660,201.70. Following the completion of the purchase, the chairman now directly owns 6,408,847 shares in the company, valued at approximately $175,281,965.45. The disclosure for this purchase can be found here. Insiders sold a total of 161,330 shares of company stock worth $7,424,353 over the last ninety days. 58.08% of the stock is currently owned by insiders.

Hedge funds have recently modified their holdings of the business. Legal & General Group Plc increased its stake in shares of 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 purchasing an additional 334,675 shares during the last quarter. TIAA CREF Investment Management LLC increased its stake in shares of 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 purchasing an additional 11,585 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of 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 purchasing an additional 7,259 shares during the last quarter. Mackenzie Financial Corp increased its stake in shares of Zillow Group by 113.9% during the 3rd quarter. Mackenzie Financial Corp now owns 7,248 shares of the financial services provider’s stock worth $321,000 after purchasing an additional 3,859 shares during the last quarter. Finally, Kiwi Wealth Investments Limited Partnership increased its stake in shares of Zillow Group by 906.2% during the 3rd quarter. Kiwi Wealth Investments Limited Partnership now owns 127,583 shares of the financial services provider’s stock worth $5,646,000 after purchasing an additional 114,903 shares during the last quarter. Hedge funds and other institutional investors own 61.91% of the company’s stock.

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Zillow Group Company Profile (NASDAQ:Z)

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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