LGT Group Foundation Boosts Stock Holdings in CoStar Group, Inc. $CSGP

LGT Group Foundation boosted its position in CoStar Group, Inc. (NASDAQ:CSGP) by 94.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 343,090 shares of the technology company’s stock after purchasing an additional 166,844 shares during the period. LGT Group Foundation’s holdings in CoStar Group were worth $28,641,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CSGP. Russell Investments Group Ltd. lifted its holdings in shares of CoStar Group by 6.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 475,423 shares of the technology company’s stock valued at $40,108,000 after buying an additional 28,432 shares during the period. B. Metzler seel. Sohn & Co. AG grew its holdings in CoStar Group by 7.7% during the third quarter. B. Metzler seel. Sohn & Co. AG now owns 19,343 shares of the technology company’s stock worth $1,632,000 after acquiring an additional 1,386 shares during the period. Dynamic Technology Lab Private Ltd grew its holdings in CoStar Group by 193.8% during the third quarter. Dynamic Technology Lab Private Ltd now owns 9,719 shares of the technology company’s stock worth $820,000 after acquiring an additional 6,411 shares during the period. Parallel Advisors LLC raised its position in CoStar Group by 57.4% in the third quarter. Parallel Advisors LLC now owns 10,164 shares of the technology company’s stock worth $858,000 after acquiring an additional 3,708 shares in the last quarter. Finally, Natixis Advisors LLC lifted its holdings in CoStar Group by 6.2% in the third quarter. Natixis Advisors LLC now owns 571,265 shares of the technology company’s stock valued at $48,198,000 after acquiring an additional 33,599 shares during the period. Institutional investors and hedge funds own 96.60% of the company’s stock.

Analysts Set New Price Targets

CSGP has been the topic of several research analyst reports. Royal Bank Of Canada decreased their target price on shares of CoStar Group from $75.00 to $57.00 and set a “sector perform” rating on the stock in a research report on Wednesday, February 25th. Weiss Ratings reiterated a “sell (d)” rating on shares of CoStar Group in a research note on Monday, December 29th. The Goldman Sachs Group decreased their price objective on shares of CoStar Group from $84.00 to $73.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. Citizens Jmp lowered their target price on shares of CoStar Group from $78.00 to $73.00 and set a “market outperform” rating on the stock in a research report on Wednesday, February 25th. Finally, Jefferies Financial Group raised shares of CoStar Group from a “hold” rating to a “buy” rating and set a $67.00 target price for the company in a report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $73.35.

CoStar Group Trading Down 1.1%

NASDAQ:CSGP opened at $48.38 on Monday. CoStar Group, Inc. has a 52-week low of $43.16 and a 52-week high of $97.43. The company has a quick ratio of 2.84, a current ratio of 2.84 and a debt-to-equity ratio of 0.12. The stock has a fifty day simple moving average of $56.48 and a 200-day simple moving average of $69.23. The company has a market capitalization of $20.31 billion, a PE ratio of 4,842.84, a price-to-earnings-growth ratio of 1.30 and a beta of 0.90.

CoStar Group (NASDAQ:CSGP) last issued its quarterly earnings data on Tuesday, February 24th. The technology company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The firm had revenue of $900.00 million for the quarter, compared to analysts’ expectations of $892.22 million. CoStar Group had a net margin of 0.23% and a return on equity of 2.53%. The firm’s revenue was up 26.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.26 EPS. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. On average, equities research analysts expect that CoStar Group, Inc. will post 0.94 earnings per share for the current fiscal year.

CoStar Group announced that its board has initiated a share repurchase plan on Wednesday, January 7th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the technology company to reacquire up to 5.3% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board believes its shares are undervalued.

CoStar Group Profile

CoStar Group, Inc is a provider of information, analytics and online marketplaces for the commercial real estate industry. The company gathers property-level data, builds market analytics and supplies research tools used by brokers, owners, lenders, investors and other real estate professionals to evaluate markets, track inventory and manage listings. CoStar’s offerings are delivered primarily through subscription-based platforms that combine proprietary databases, mapping and workflow applications to support decision-making across the property life cycle.

In addition to its core CoStar research service, the company operates prominent online listing and marketing platforms that connect buyers, sellers, tenants and brokers.