Public Employees Retirement Association of Colorado Has $695,000 Position in Zillow Group, Inc. (Z)

Public Employees Retirement Association of Colorado trimmed its position in shares of Zillow Group, Inc. (NASDAQ:Z) by 23.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,274 shares of the financial services provider’s stock after selling 5,163 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Zillow Group were worth $695,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of Z. D.A. Davidson & CO. grew its stake in Zillow Group by 2.1% during the second quarter. D.A. Davidson & CO. now owns 2,817 shares of the financial services provider’s stock worth $138,000 after buying an additional 57 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Zillow Group by 878.9% during the second quarter. JPMorgan Chase & Co. now owns 3,152 shares of the financial services provider’s stock worth $154,000 after buying an additional 2,830 shares during the last quarter. ETF Managers Group LLC bought a new stake in Zillow Group during the second quarter worth about $167,000. Virtu KCG Holdings LLC bought a new stake in Zillow Group during the second quarter worth about $206,000. Finally, Aperio Group LLC bought a new stake in Zillow Group during the second quarter worth about $218,000. 86.13% of the stock is currently owned by hedge funds and other institutional investors.

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Several analysts have recently commented on the stock. Canaccord Genuity increased their price target on shares of Zillow Group from $52.00 to $53.00 and gave the company a “buy” rating in a research note on Wednesday, November 8th. Benchmark Co. reissued a “buy” rating and set a $55.00 price target on shares of Zillow Group in a research note on Thursday, October 5th. BidaskClub raised shares of Zillow Group from a “sell” rating to a “hold” rating in a research note on Monday, September 18th. Finally, Deutsche Bank AG increased their price target on shares of Zillow Group to $50.00 and gave the company a “neutral” rating in a research note on Monday, August 7th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Zillow Group has an average rating of “Buy” and an average price target of $47.44.

Shares of Zillow Group, Inc. (NASDAQ Z) opened at $39.12 on Tuesday. The company has a quick ratio of 6.44, a current ratio of 6.44 and a debt-to-equity ratio of 0.14. Zillow Group, Inc. has a twelve month low of $32.56 and a twelve month high of $51.23.

In related news, CTO David A. Beitel sold 739 shares of the firm’s stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $39.60, for a total transaction of $29,264.40. Following the sale, the chief technology officer now directly owns 32,609 shares in the company, valued at $1,291,316.40. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Greg M. Schwartz sold 3,750 shares of the firm’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $41.42, for a total transaction of $155,325.00. Following the sale, the insider now owns 3,750 shares in the company, valued at $155,325. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 67,882 shares of company stock worth $2,709,855. 21.72% of the stock is currently owned by company insiders.

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 people 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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