1,159 Shares in Zillow Group, Inc. (NASDAQ:Z) Purchased by Brooklyn Investment Group

Brooklyn Investment Group bought a new position in Zillow Group, Inc. (NASDAQ:Z) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,159 shares of the financial services provider’s stock, valued at approximately $74,000.

Other large investors also recently modified their holdings of the company. FMR LLC boosted its position in Zillow Group by 179.5% during the 3rd quarter. FMR LLC now owns 5,095,336 shares of the financial services provider’s stock valued at $325,337,000 after acquiring an additional 3,272,118 shares in the last quarter. Dorsal Capital Management LP lifted its holdings in shares of Zillow Group by 59.8% during the second quarter. Dorsal Capital Management LP now owns 3,100,000 shares of the financial services provider’s stock valued at $143,809,000 after purchasing an additional 1,160,000 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Zillow Group by 10.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,423,257 shares of the financial services provider’s stock valued at $66,032,000 after purchasing an additional 139,489 shares during the last quarter. Coronation Fund Managers Ltd. lifted its holdings in shares of Zillow Group by 238.9% during the second quarter. Coronation Fund Managers Ltd. now owns 864,733 shares of the financial services provider’s stock valued at $40,115,000 after purchasing an additional 609,575 shares during the last quarter. Finally, Swiss National Bank raised its holdings in Zillow Group by 0.7% in the 3rd quarter. Swiss National Bank now owns 466,834 shares of the financial services provider’s stock worth $29,807,000 after acquiring an additional 3,300 shares during the last quarter. 71.01% of the stock is owned by institutional investors.

Analyst Ratings Changes

Z has been the subject of several analyst reports. Cantor Fitzgerald upgraded Zillow Group to a “hold” rating in a research note on Thursday, September 5th. Needham & Company LLC reiterated a “hold” rating on shares of Zillow Group in a research note on Thursday, November 7th. Morgan Stanley increased their price target on Zillow Group from $46.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 2nd. Deutsche Bank Aktiengesellschaft increased their price target on Zillow Group from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Friday, August 9th. Finally, Wedbush upgraded Zillow Group from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $50.00 to $80.00 in a research note on Monday, September 16th. Four investment analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $70.33.

Insiders Place Their Bets

In related news, General Counsel Bradley D. Owens sold 1,212 shares of Zillow Group stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $73.98, for a total transaction of $89,663.76. Following the transaction, the general counsel now directly owns 31,739 shares of the company’s stock, valued at $2,348,051.22. This trade represents a 3.68 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Erik C. Blachford sold 1,413 shares of Zillow Group stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $54.87, for a total transaction of $77,531.31. Following the completion of the transaction, the director now directly owns 35,403 shares in the company, valued at $1,942,562.61. This represents a 3.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 160,439 shares of company stock valued at $11,576,823 over the last 90 days. Insiders own 23.76% of the company’s stock.

Zillow Group Trading Up 0.7 %

Shares of NASDAQ:Z opened at $85.45 on Friday. The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 0.11. Zillow Group, Inc. has a 12 month low of $38.45 and a 12 month high of $86.37. The company has a 50-day moving average price of $67.09 and a 200 day moving average price of $55.31.

Zillow Group Profile

Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.