Shares of Zillow Group Inc (NASDAQ:ZG) have received a consensus rating of “Hold” from the twenty-one ratings firms that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $44.43.

A number of brokerages have recently issued reports on ZG. Craig Hallum upgraded Zillow Group from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research note on Thursday, November 29th. Standpoint Research began coverage on Zillow Group in a research note on Monday, November 26th. They set a “buy” rating on the stock. Zacks Investment Research reiterated a “hold” rating on shares of Zillow Group in a research note on Saturday, November 17th. Barclays reiterated a “hold” rating and set a $32.00 price objective on shares of Zillow Group in a research note on Thursday, November 8th. Finally, ValuEngine cut Zillow Group from a “hold” rating to a “sell” rating in a research note on Wednesday, November 7th.

Several hedge funds have recently bought and sold shares of the stock. Bank of Montreal Can increased its holdings in shares of Zillow Group by 2.9% during the 2nd quarter. Bank of Montreal Can now owns 33,865 shares of the technology company’s stock worth $2,024,000 after acquiring an additional 970 shares during the last quarter. TD Asset Management Inc. grew its holdings in Zillow Group by 4.3% in the 2nd quarter. TD Asset Management Inc. now owns 24,300 shares of the technology company’s stock valued at $1,452,000 after buying an additional 1,000 shares in the last quarter. Amalgamated Bank grew its holdings in Zillow Group by 10.4% in the 2nd quarter. Amalgamated Bank now owns 12,331 shares of the technology company’s stock valued at $737,000 after buying an additional 1,163 shares in the last quarter. State of Alaska Department of Revenue grew its holdings in Zillow Group by 33.9% in the 2nd quarter. State of Alaska Department of Revenue now owns 6,359 shares of the technology company’s stock valued at $379,000 after buying an additional 1,610 shares in the last quarter. Finally, Strs Ohio grew its holdings in Zillow Group by 42.5% in the 3rd quarter. Strs Ohio now owns 5,928 shares of the technology company’s stock valued at $262,000 after buying an additional 1,767 shares in the last quarter. 28.81% of the stock is currently owned by institutional investors and hedge funds.

NASDAQ ZG traded up $1.16 during trading on Thursday, hitting $36.65. The stock had a trading volume of 967,700 shares, compared to its average volume of 664,198. Zillow Group has a 12 month low of $26.20 and a 12 month high of $65.42. The stock has a market capitalization of $7.21 billion, a price-to-earnings ratio of 238.80 and a beta of 1.11. The company has a debt-to-equity ratio of 0.21, a quick ratio of 11.43 and a current ratio of 11.72.

Zillow Group (NASDAQ:ZG) last announced its quarterly earnings data on Tuesday, November 6th. The technology company reported $0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.04. Zillow Group had a positive return on equity of 0.06% and a negative net margin of 7.94%. The company had revenue of $343.09 million for the quarter, compared to analysts’ expectations of $343.73 million. On average, equities research analysts forecast that Zillow Group will post -0.27 EPS for the current year.

Zillow Group Company Profile

Zillow Group, Inc operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company offers a portfolio of brands and products to enable consumers find information about homes and connect with local professionals. Its brands focus on various stages of the home lifecycle, including renting, buying, selling, and financing.

See Also: Book Value Per Share in Stock Trading

Analyst Recommendations for Zillow Group (NASDAQ:ZG)

Receive News & Ratings for Zillow Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zillow Group and related companies with MarketBeat.com's FREE daily email newsletter.