Robeco Institutional Asset Management B.V. Has $14.39 Million Stake in Zillow Group, Inc. (NASDAQ:Z)

Robeco Institutional Asset Management B.V. increased its position in shares of Zillow Group, Inc. (NASDAQ:Z) by 209.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 194,317 shares of the financial services provider’s stock after acquiring an additional 131,546 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Zillow Group were worth $14,389,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Blue Trust Inc. boosted its stake in Zillow Group by 17.5% during the 4th quarter. Blue Trust Inc. now owns 922 shares of the financial services provider’s stock worth $68,000 after acquiring an additional 137 shares during the last quarter. Brighton Jones LLC boosted its stake in Zillow Group by 2.4% during the 3rd quarter. Brighton Jones LLC now owns 6,953 shares of the financial services provider’s stock worth $444,000 after acquiring an additional 166 shares during the last quarter. Arkadios Wealth Advisors lifted its stake in Zillow Group by 0.5% in the third quarter. Arkadios Wealth Advisors now owns 41,430 shares of the financial services provider’s stock valued at $2,645,000 after buying an additional 198 shares in the last quarter. Rosenberg Matthew Hamilton lifted its stake in Zillow Group by 17.9% in the fourth quarter. Rosenberg Matthew Hamilton now owns 1,617 shares of the financial services provider’s stock valued at $120,000 after buying an additional 245 shares in the last quarter. Finally, Mirador Capital Partners LP lifted its stake in Zillow Group by 1.5% in the fourth quarter. Mirador Capital Partners LP now owns 19,955 shares of the financial services provider’s stock valued at $1,478,000 after buying an additional 292 shares in the last quarter. Institutional investors own 71.01% of the company’s stock.

Insider Transactions at Zillow Group

In related news, General Counsel Bradley D. Owens sold 1,212 shares of the business’s stock in a transaction 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 in the company, valued at approximately $2,348,051.22. The trade was a 3.68 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Jeremy Hofmann sold 1,612 shares of the business’s stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $84.98, for a total transaction of $136,987.76. Following the transaction, the chief financial officer now owns 99,362 shares in the company, valued at approximately $8,443,782.76. The trade was a 1.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 164,689 shares of company stock valued at $12,520,379 over the last 90 days. 23.76% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Z has been the topic of a number of research reports. Morgan Stanley lifted their price target on shares of Zillow Group from $60.00 to $75.00 and gave the company an “equal weight” rating in a research note on Monday, January 13th. Jefferies Financial Group lifted their price target on shares of Zillow Group from $80.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Needham & Company LLC reaffirmed a “hold” rating on shares of Zillow Group in a research note on Thursday, November 7th. Finally, Bank of America lifted their price target on shares of Zillow Group from $54.00 to $71.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. 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, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $72.83.

Zillow Group Stock Performance

Shares of Z stock opened at $82.22 on Friday. The company’s fifty day simple moving average is $78.64 and its 200-day simple moving average is $66.11. The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 0.11. The firm has a market cap of $19.20 billion, a PE ratio of -144.25, a P/E/G ratio of 11.21 and a beta of 2.02. Zillow Group, Inc. has a 12 month low of $38.45 and a 12 month high of $86.88.

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.