TD Asset Management Inc Sells 226,787 Shares of CoStar Group, Inc. $CSGP

TD Asset Management Inc decreased its holdings in CoStar Group, Inc. (NASDAQ:CSGP) by 33.2% in the third quarter, HoldingsChannel.com reports. The fund owned 455,430 shares of the technology company’s stock after selling 226,787 shares during the quarter. TD Asset Management Inc’s holdings in CoStar Group were worth $38,425,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. ING Groep NV raised its stake in shares of CoStar Group by 1,950.5% in the third quarter. ING Groep NV now owns 128,052 shares of the technology company’s stock valued at $10,804,000 after acquiring an additional 121,807 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in CoStar Group by 14.1% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 171,380 shares of the technology company’s stock worth $14,459,000 after purchasing an additional 21,225 shares during the period. UMB Bank n.a. raised its position in CoStar Group by 51.6% in the 3rd quarter. UMB Bank n.a. now owns 225,305 shares of the technology company’s stock worth $19,009,000 after purchasing an additional 76,720 shares during the period. Swedbank AB lifted its stake in CoStar Group by 21.0% in the third quarter. Swedbank AB now owns 302,360 shares of the technology company’s stock worth $25,510,000 after purchasing an additional 52,433 shares during the last quarter. Finally, Generali Asset Management SPA SGR boosted its position in shares of CoStar Group by 641.8% during the third quarter. Generali Asset Management SPA SGR now owns 23,880 shares of the technology company’s stock valued at $2,015,000 after buying an additional 20,661 shares during the period. Hedge funds and other institutional investors own 96.60% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on CSGP shares. Robert W. Baird set a $73.00 price target on CoStar Group in a report on Wednesday. Royal Bank Of Canada reduced their target price on CoStar Group from $75.00 to $57.00 and set a “sector perform” rating on the stock in a research note on Wednesday. The Goldman Sachs Group lowered their target price on shares of CoStar Group from $84.00 to $73.00 and set a “buy” rating for the company in a research note on Wednesday. Citigroup restated a “market outperform” rating on shares of CoStar Group in a report on Thursday, January 8th. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of CoStar Group from $75.00 to $70.00 and set an “outperform” rating for the company in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $73.35.

CoStar Group Price Performance

NASDAQ CSGP opened at $44.63 on Friday. The company has a market cap of $18.92 billion, a PE ratio of 4,467.47, a P/E/G ratio of 1.20 and a beta of 0.84. The firm’s 50 day moving average price is $58.42 and its 200-day moving average price is $70.93. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.12 and a current ratio of 2.84. CoStar Group, Inc. has a 52-week low of $43.17 and a 52-week high of $97.43.

CoStar Group (NASDAQ:CSGP) last posted its earnings results on Tuesday, February 24th. The technology company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The company had revenue of $900.00 million during the quarter, compared to analyst estimates of $892.22 million. CoStar Group had a return on equity of 2.53% and a net margin of 0.23%.CoStar Group’s revenue was up 26.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.26 earnings per share. CoStar Group has set its Q1 2026 guidance at 0.160-0.190 EPS. Sell-side analysts forecast that CoStar Group, Inc. will post 0.94 EPS for the current fiscal year.

CoStar Group announced that its board has approved a stock buyback plan on Wednesday, January 7th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the technology company to purchase up to 5.3% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board believes its stock is undervalued.

Trending Headlines about CoStar Group

Here are the key news stories impacting CoStar Group this week:

• Positive Sentiment: CoStar raised FY‑2026 guidance well above consensus — EPS guidance of 1.220–1.330 versus consensus ~1.00, and revenue guidance roughly $3.8B vs. consensus ~$3.6B. This materially improves forward earnings visibility and is a clear upside catalyst for revenue and margin trajectory.
• Positive Sentiment: Q4 results beat estimates: reported EPS $0.31 vs. $0.27 expected and revenue $900M vs. ~$892M, with revenue up ~27% year‑over‑year — evidence of continued demand in CoStar’s data and marketplaces businesses. Q4 Earnings Call Transcript
• Positive Sentiment: CoStar’s market data show improving real‑estate fundamentals in key markets (e.g., sharp London office yield compression in 2025), which supports demand for CoStar’s analytics and transaction services. BusinessWire: London Office Yield Compression
• Neutral Sentiment: Analyst commentary roundup — coverage is mixed with some banks lowering expectations while others highlight the beat and raised guidance; read the analyst summary for detail. Benzinga: What Analysts Are Saying
• Neutral Sentiment: Reported short‑interest data for February appear unreliable (shows zero/NaN); no clear evidence of a large, actionable short position from the available entry.
• Negative Sentiment: BMO cut its price target from $72 to $53 and moved to “market perform,” signaling weaker expectations from a previously more bullish bank — this reduces the analyst‑driven upside narrative and likely contributed to selling pressure. TickerReport: BMO Lowers Price Target
• Negative Sentiment: Wells Fargo lowered expectations for CSGP, amplifying downside sentiment from institutional analysts. AmericanBankingNews: Wells Fargo Lowers Expectations
• Negative Sentiment: Headlines note the stock hit a new 12‑month low following analyst downgrades — a technical signal that can trigger momentum selling and attract additional short‑term pressure. AmericanBankingNews: New 12‑Month Low

CoStar Group Profile

CoStar Group, Inc is a provider of information, analytics and online marketplaces for the commercial real estate industry. The company gathers property-level data, builds market analytics and supplies research tools used by brokers, owners, lenders, investors and other real estate professionals to evaluate markets, track inventory and manage listings. CoStar’s offerings are delivered primarily through subscription-based platforms that combine proprietary databases, mapping and workflow applications to support decision-making across the property life cycle.

In addition to its core CoStar research service, the company operates prominent online listing and marketing platforms that connect buyers, sellers, tenants and brokers.