WINTON GROUP Ltd Has $224,000 Stock Holdings in Zillow Group, Inc. $Z

WINTON GROUP Ltd lessened its stake in shares of Zillow Group, Inc. (NASDAQ:Z) by 92.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,100 shares of the financial services provider’s stock after selling 89,348 shares during the period. WINTON GROUP Ltd’s holdings in Zillow Group were worth $224,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Leonteq Securities AG boosted its holdings in shares of Zillow Group by 627.0% in the first quarter. Leonteq Securities AG now owns 1,345 shares of the financial services provider’s stock worth $56,000 after buying an additional 1,160 shares during the period. EverSource Wealth Advisors LLC boosted its stake in Zillow Group by 283.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,414 shares of the financial services provider’s stock worth $59,000 after purchasing an additional 1,045 shares during the period. SBI Okasan Asset Management Co.Ltd. acquired a new position in Zillow Group in the 4th quarter worth approximately $71,000. Integrated Wealth Concepts LLC purchased a new position in Zillow Group during the 2nd quarter worth approximately $78,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA grew its position in Zillow Group by 34.5% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 1,170 shares of the financial services provider’s stock worth $80,000 after purchasing an additional 300 shares in the last quarter. 71.01% of the stock is owned by hedge funds and other institutional investors.

Zillow Group Price Performance

Shares of Zillow Group stock opened at $29.81 on Friday. The firm has a market cap of $6.70 billion, a price-to-earnings ratio of 135.51, a P/E/G ratio of 1.31 and a beta of 2.00. The stock has a 50-day simple moving average of $33.69 and a 200-day simple moving average of $37.18. Zillow Group, Inc. has a 52-week low of $29.23 and a 52-week high of $90.64.

Zillow Group (NASDAQ:Z) last issued its quarterly earnings data on Wednesday, August 5th. The financial services provider reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.07. The firm had revenue of $772.00 million for the quarter, compared to analyst estimates of $758.10 million. Zillow Group had a net margin of 1.96% and a return on equity of 2.32%. As a group, equities research analysts predict that Zillow Group, Inc. will post 0.89 earnings per share for the current year.

Insider Activity at Zillow Group

In other news, insider Dan Spaulding sold 3,169 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $35.37, for a total transaction of $112,087.53. Following the transaction, the insider owned 44,561 shares in the company, valued at approximately $1,576,122.57. This trade represents a 6.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Errol Samuelson sold 3,154 shares of Zillow Group stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $34.24, for a total transaction of $107,992.96. Following the completion of the sale, the insider directly owned 130,885 shares of the company’s stock, valued at approximately $4,481,502.40. The trade was a 2.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 38,539 shares of company stock worth $1,323,800 over the last quarter. 25.03% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Z has been the subject of a number of research analyst reports. Royal Bank Of Canada reduced their target price on Zillow Group from $95.00 to $70.00 and set an “outperform” rating for the company in a report on Wednesday, June 10th. Weiss Ratings reissued a “sell (d)” rating on shares of Zillow Group in a research report on Wednesday, August 19th. Keefe, Bruyette & Woods reduced their price objective on Zillow Group from $37.00 to $34.00 and set a “market perform” rating for the company in a research note on Friday, August 7th. Zacks Research lowered Zillow Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Finally, Sanford C. Bernstein cut Zillow Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Zillow Group has an average rating of “Moderate Buy” and an average price target of $61.29.

Zillow Group Profile

Zillow Group, Inc is a digital real estate company that operates online marketplaces and technology platforms designed to help consumers discover, buy, sell, rent and finance homes. Its websites and mobile applications provide property listings, home values, market data, search tools and connections to real estate professionals.

The company’s portfolio includes Zillow, Trulia, StreetEasy and HotPads, which serve residential real estate consumers and professionals across the United States.