Zillow Group, Inc. (NASDAQ:Z) Shares Sold by F M Investments LLC

F M Investments LLC lowered its position in Zillow Group, Inc. (NASDAQ:Z - Free Report) by 28.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 20,700 shares of the financial services provider's stock after selling 8,333 shares during the period. F M Investments LLC's holdings in Zillow Group were worth $1,533,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of Z. Ninety One UK Ltd increased its position in Zillow Group by 3.2% in the fourth quarter. Ninety One UK Ltd now owns 3,617,761 shares of the financial services provider's stock worth $267,895,000 after purchasing an additional 111,231 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Zillow Group by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 2,878,124 shares of the financial services provider's stock valued at $212,745,000 after purchasing an additional 28,728 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Zillow Group by 0.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,538,709 shares of the financial services provider's stock worth $113,941,000 after buying an additional 11,727 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Zillow Group by 1,337.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 397,211 shares of the financial services provider's stock valued at $29,413,000 after purchasing an additional 369,580 shares during the period. Finally, Hillman Co. raised its holdings in shares of Zillow Group by 88.1% in the 4th quarter. Hillman Co. now owns 348,301 shares of the financial services provider's stock valued at $25,792,000 after purchasing an additional 163,105 shares in the last quarter. Hedge funds and other institutional investors own 71.01% of the company's stock.

Zillow Group Stock Up 0.5 %

Zillow Group stock traded up $0.30 during mid-day trading on Thursday, reaching $62.77. 905,568 shares of the company's stock were exchanged, compared to its average volume of 3,368,924. The company has a fifty day moving average of $72.06 and a 200-day moving average of $73.08. The company has a market cap of $15.23 billion, a P/E ratio of -133.79, a P/E/G ratio of 9.24 and a beta of 2.19. Zillow Group, Inc. has a twelve month low of $38.45 and a twelve month high of $89.39.

Zillow Group (NASDAQ:Z - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The financial services provider reported ($0.22) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by ($0.48). Zillow Group had a negative return on equity of 2.12% and a negative net margin of 5.01%. Equities research analysts expect that Zillow Group, Inc. will post 0.32 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on Z. Baird R W upgraded shares of Zillow Group to a "hold" rating in a research note on Friday, January 31st. Morgan Stanley increased their price objective on Zillow Group from $60.00 to $75.00 and gave the company an "equal weight" rating in a report on Monday, January 13th. Wedbush reiterated an "outperform" rating and issued a $100.00 target price on shares of Zillow Group in a research report on Wednesday, February 12th. KeyCorp upgraded shares of Zillow Group from a "hold" rating to a "strong-buy" rating in a research note on Sunday, February 2nd. Finally, Keefe, Bruyette & Woods initiated coverage on shares of Zillow Group in a report on Friday, March 28th. They issued a "market perform" rating and a $80.00 price target on the stock. Six analysts have rated the stock with a hold rating, four have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $81.71.

Insiders Place Their Bets

In related news, CFO Jeremy Hofmann sold 1,612 shares of the business's stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $84.98, for a total value of $136,987.76. Following the sale, the chief financial officer now directly owns 99,362 shares in the company, valued at $8,443,782.76. The trade was a 1.60 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Errol G. Samuelson sold 6,967 shares of Zillow Group stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $77.72, for a total transaction of $541,475.24. Following the transaction, the insider now owns 127,467 shares of the company's stock, valued at approximately $9,906,735.24. The trade was a 5.18 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 98,919 shares of company stock worth $7,869,478. 23.76% of the stock is owned by corporate insiders.

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.