Zillow Group, Inc. (NASDAQ:Z) Shares Purchased by Janus Henderson Group PLC

Janus Henderson Group PLC raised its position in Zillow Group, Inc. (NASDAQ:Z) by 66.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,260 shares of the financial services provider’s stock after acquiring an additional 5,700 shares during the quarter. Janus Henderson Group PLC’s holdings in Zillow Group were worth $910,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FMR LLC increased its holdings in shares of Zillow Group by 179.5% in 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 during the last quarter. Dorsal Capital Management LP boosted its holdings in Zillow Group by 59.8% in 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 in the last quarter. Dimensional Fund Advisors LP increased its stake in Zillow Group by 10.9% in 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. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in Zillow Group during the third quarter worth approximately $38,310,000. Finally, Bridgewater Associates LP lifted its position in shares of Zillow Group by 428.2% during the 3rd quarter. Bridgewater Associates LP now owns 523,772 shares of the financial services provider’s stock worth $33,443,000 after buying an additional 424,615 shares during the last quarter. Institutional investors and hedge funds own 71.01% of the company’s stock.

Zillow Group Stock Down 0.5 %

Z stock opened at $79.93 on Friday. Zillow Group, Inc. has a 52 week low of $38.45 and a 52 week high of $86.88. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 0.11. The company has a market cap of $18.67 billion, a P/E ratio of -140.23 and a beta of 2.01. The company’s 50-day moving average price is $71.22 and its 200 day moving average price is $58.68.

Analysts Set New Price Targets

A number of analysts have recently commented on Z shares. Needham & Company LLC reiterated a “hold” rating on shares of Zillow Group in a research report on Thursday, November 7th. Jefferies Financial Group boosted their price objective on Zillow Group from $80.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Cantor Fitzgerald upgraded shares of Zillow Group to a “hold” rating in a research report on Thursday, September 5th. Wedbush upgraded shares of Zillow Group from a “neutral” rating to an “outperform” rating and upped their price target for the company from $50.00 to $80.00 in a research report on Monday, September 16th. Finally, Morgan Stanley raised their price objective on shares of Zillow Group from $46.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 2nd. Four equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Zillow Group presently has an average rating of “Moderate Buy” and a consensus price target of $70.33.

Insider Buying and Selling at Zillow Group

In related news, CAO Jennifer Rock sold 3,033 shares of Zillow Group stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $82.78, for a total transaction of $251,071.74. Following the completion of the transaction, the chief accounting officer now directly owns 57,166 shares in the company, valued at $4,732,201.48. The trade was a 5.04 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jeremy Wacksman sold 5,985 shares of the firm’s stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $73.96, for a total value of $442,650.60. Following the transaction, the chief executive officer now directly owns 161,678 shares of the company’s stock, valued at $11,957,704.88. The trade was a 3.57 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 163,140 shares of company stock valued at $11,955,195. Insiders own 23.76% of the company’s stock.

About Zillow Group

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.