Analysts take a look at CoStar Group, Inc. (NASDAQ:CSGP) having this to say.

January 21, 2018 - By Nellie Frank

 Analysts take a look at CoStar Group, Inc. (NASDAQ:CSGP) having this to say.
Investors sentiment increased to 1.42 in Q3 2017. Its up 0.32, from 1.1 in 2017Q2. It increased, as 19 investors sold CoStar Group, Inc. shares while 88 reduced holdings. 57 funds opened positions while 95 raised stakes. 33.56 million shares or 9.65% more from 30.60 million shares in 2017Q2 were reported.
Envestnet Asset Mngmt stated it has 0.01% of its portfolio in CoStar Group, Inc. (NASDAQ:CSGP). Assetmark has invested 0% in CoStar Group, Inc. (NASDAQ:CSGP). 277,412 are held by Geode Capital Mngmt Limited Liability Company. Balyasny Asset Mgmt Limited Liability Corp, a Illinois-based fund reported 32,255 shares. Fmr Limited holds 0% in CoStar Group, Inc. (NASDAQ:CSGP) or 92,400 shares. Pictet Asset Mgmt Ltd has invested 0.01% in CoStar Group, Inc. (NASDAQ:CSGP). Tiverton Asset Mngmt Ltd has 28,992 shares. Arrowgrass Capital Prtnrs (Us) Lp has 14,000 shares for 0.03% of their portfolio. Moreover, Greenleaf has 0% invested in CoStar Group, Inc. (NASDAQ:CSGP). Ashford Capital accumulated 1.49% or 34,551 shares. First Manhattan holds 700 shares or 0% of its portfolio. Picton Mahoney Asset Mngmt holds 0.45% of its portfolio in CoStar Group, Inc. (NASDAQ:CSGP) for 22,475 shares. Bares Mngmt Inc holds 7.26% or 600,005 shares. State Board Of Administration Of Florida Retirement Systems holds 44,705 shares or 0.03% of its portfolio. Commonwealth Commercial Bank Of Australia invested in 0% or 100 shares.

CoStar Group, Inc. (NASDAQ:CSGP) Ratings Coverage

Among 11 analysts covering CoStar Group (NASDAQ:CSGP), 10 have Buy rating, 1 Sell and 0 Hold. Therefore 91% are positive. CoStar Group had 18 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of CoStar Group, Inc. (NASDAQ:CSGP) has “Buy” rating given on Thursday, October 26 by Needham. Zacks downgraded the shares of CSGP in report on Wednesday, August 12 to “Hold” rating. The stock has “Buy” rating by SunTrust on Friday, October 20. The stock has “Buy” rating by Wells Fargo on Thursday, January 18. The company was maintained on Thursday, October 5 by Bank of America. Citigroup initiated the stock with “Buy” rating in Tuesday, December 20 report. The firm has “Buy” rating by SunTrust given on Thursday, October 26. Needham initiated the shares of CSGP in report on Monday, August 22 with “Buy” rating. J.P. Morgan downgraded the shares of CSGP in report on Tuesday, December 12 to “Sell” rating. Below is a list of CoStar Group, Inc. (NASDAQ:CSGP) latest ratings and price target changes.

18/01/2018 Broker: Wells Fargo Rating: Buy New Target: $400.0 Maintain
17/01/2018 Broker: FBR Capital Rating: Buy New Target: $350.0
12/12/2017 Broker: J.P. Morgan Rating: Sell New Target: $325.0 Downgrade
29/11/2017 Broker: Stephens Rating: Buy New Target: $350.0
08/11/2017 Broker: Goldman Sachs Rating: Buy New Target: $359 Initiates Coverage On
26/10/2017 Broker: SunTrust Rating: Buy New Target: $335.0 Maintain
26/10/2017 Broker: Needham Rating: Buy New Target: $325.0 Maintain
25/10/2017 Broker: B. Riley & Co Rating: Buy New Target: $335.0
20/10/2017 Broker: SunTrust Rating: Buy New Target: $310.0 Maintain
05/10/2017 Broker: Bank of America Rating: Buy New Target: $306 Maintain

The stock increased 1.43% or $4.8 during the last trading session, reaching $341.2. About 279,650 shares traded or 19.52% up from the average. CoStar Group, Inc. (NASDAQ:CSGP) has risen 29.48% since January 21, 2017 and is uptrending. It has outperformed by 12.78% the S&P500.

CoStar Group, Inc. provides information, analytics, and online marketplace to the commercial real estate industry in North America and internationally. The company has market cap of $12.33 billion. The firm offers CoStar Property Professional service that provides inventory of office, industrial, retail, and multifamily properties and land. It has a 103.11 P/E ratio. It also provides CoStar COMPS Professional, which covers comparable commercial real estate sales information; CoStar Tenant, an online business-to-business prospecting and analytical tool; CoStarGo, an iPad application; CoStar Market Analytics, an analytics platform; CoStar Lease Comps, an integrated solution that captures, manages, maintains, and analyzes lease data; CoStar Advertising to market a space for lease or a property for sale; and CoStar Portfolio Strategy to meet the research needs of commercial real estate owners, investors, lenders, and government regulators.

Another recent and important CoStar Group, Inc. (NASDAQ:CSGP) news was published by Prnewswire.com which published an article titled: “CoStar Group Partners with Kansas City Regional Association of Realtors …” on January 17, 2018.

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