True Vision MN LLC Has $550,000 Position in Zillow Group, Inc. (NASDAQ:Z)

True Vision MN LLC increased its position in shares of Zillow Group, Inc. (NASDAQ:Z) by 2.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,423 shares of the financial services provider’s stock after buying an additional 186 shares during the quarter. True Vision MN LLC’s holdings in Zillow Group were worth $550,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in Z. Summit Trail Advisors LLC grew its position in Zillow Group by 3.9% in the fourth quarter. Summit Trail Advisors LLC now owns 9,233 shares of the financial services provider’s stock valued at $684,000 after acquiring an additional 348 shares during the period. Savant Capital LLC increased its position in shares of Zillow Group by 2.7% during the 4th quarter. Savant Capital LLC now owns 6,794 shares of the financial services provider’s stock worth $503,000 after purchasing an additional 179 shares in the last quarter. Coronation Fund Managers Ltd. lifted its holdings in Zillow Group by 1.8% during the 4th quarter. Coronation Fund Managers Ltd. now owns 224,003 shares of the financial services provider’s stock valued at $16,587,000 after purchasing an additional 3,909 shares during the last quarter. Entropy Technologies LP grew its stake in Zillow Group by 35.8% during the fourth quarter. Entropy Technologies LP now owns 29,126 shares of the financial services provider’s stock worth $2,157,000 after buying an additional 7,675 shares during the last quarter. Finally, Fairvoy Private Wealth LLC acquired a new stake in shares of Zillow Group during the fourth quarter worth approximately $803,000. Institutional investors and hedge funds own 71.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on Z. KeyCorp raised shares of Zillow Group from a “hold” rating to a “strong-buy” rating in a report on Sunday, February 2nd. Bank of America upped their price objective on Zillow Group from $54.00 to $71.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. Needham & Company LLC reissued a “hold” rating on shares of Zillow Group in a research note on Thursday, November 7th. Baird R W raised Zillow Group to a “hold” rating in a research note on Friday, January 31st. Finally, Jefferies Financial Group lifted their price objective on Zillow Group from $80.00 to $90.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Five research analysts have rated the stock with a hold rating, four have assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $72.83.

Insider Buying and Selling at Zillow Group

In other news, General Counsel Bradley D. Owens sold 1,212 shares of the business’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $73.98, for a total transaction of $89,663.76. Following the completion of the sale, the general counsel now owns 31,739 shares in the company, valued at $2,348,051.22. The trade was a 3.68 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Dan Spaulding sold 4,565 shares of the company’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $86.22, for a total value of $393,594.30. Following the completion of the transaction, the insider now directly owns 58,217 shares in the company, valued at approximately $5,019,469.74. This represents a 7.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 164,689 shares of company stock worth $12,520,379 over the last quarter. 23.76% of the stock is currently owned by insiders.

Zillow Group Price Performance

Zillow Group stock opened at $87.97 on Tuesday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.13 and a current ratio of 3.13. The firm has a 50-day moving average of $78.77 and a 200-day moving average of $67.80. Zillow Group, Inc. has a one year low of $38.45 and a one year high of $88.76.

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.