Teachers Advisors LLC Has $3.50 Million Position in Zillow Group, Inc. (Z)

Teachers Advisors LLC raised its position in shares of Zillow Group, Inc. (NASDAQ:Z) by 5.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 103,831 shares of the financial services provider’s stock after buying an additional 5,565 shares during the period. Teachers Advisors LLC’s holdings in Zillow Group were worth $3,496,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in Z. Principal Financial Group Inc. increased its stake in Zillow Group by 5.8% in the first quarter. Principal Financial Group Inc. now owns 10,971 shares of the financial services provider’s stock worth $369,000 after buying an additional 597 shares during the last quarter. Wells Fargo & Company MN increased its stake in Zillow Group by 11.1% in the first quarter. Wells Fargo & Company MN now owns 56,482 shares of the financial services provider’s stock worth $1,902,000 after buying an additional 5,622 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Zillow Group by 2.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 446,742 shares of the financial services provider’s stock worth $16,295,000 after buying an additional 11,323 shares during the last quarter. Oregon Public Employees Retirement Fund acquired a new stake in Zillow Group during the first quarter worth $889,000. Finally, Pacer Advisors Inc. increased its stake in Zillow Group by 7.4% in the first quarter. Pacer Advisors Inc. now owns 12,979 shares of the financial services provider’s stock worth $437,000 after buying an additional 898 shares during the last quarter. Institutional investors own 91.81% of the company’s stock.

Shares of Zillow Group, Inc. (NASDAQ Z) traded up 3.21% on Friday, reaching $41.80. 299,437 shares of the company were exchanged. Zillow Group, Inc. has a 12-month low of $31.22 and a 12-month high of $51.23. The firm has a 50 day moving average price of $46.41 and a 200-day moving average price of $40.35. The stock’s market capitalization is $7.75 billion.

Zillow Group (NASDAQ:Z) last posted its earnings results on Tuesday, August 8th. The financial services provider reported ($0.12) earnings per share (EPS) for the quarter. Zillow Group had a negative return on equity of 0.40% and a negative net margin of 4.47%. The firm had revenue of $266.85 million during the quarter. On average, analysts predict that Zillow Group, Inc. will post $0.50 EPS for the current fiscal year.

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Z has been the subject of a number of analyst reports. BidaskClub downgraded shares of Zillow Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 8th. Stifel Nicolaus reissued a “buy” rating and issued a $54.50 price objective (up from $46.00) on shares of Zillow Group in a research note on Friday, June 30th. Deutsche Bank AG lifted their price objective on shares of Zillow Group to $50.00 and gave the company a “neutral” rating in a research note on Monday. Zacks Investment Research raised shares of Zillow Group from a “sell” rating to a “hold” rating in a research note on Wednesday, May 17th. Finally, Cowen and Company lifted their price objective on shares of Zillow Group from $37.00 to $40.00 and gave the company a “market perform” rating in a research note on Monday, May 15th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $46.06.

In other news, CEO Spencer M. Rascoff sold 120,146 shares of the firm’s stock in a transaction on Monday, May 15th. The shares were sold at an average price of $43.34, for a total transaction of $5,207,127.64. Following the sale, the chief executive officer now owns 120,146 shares in the company, valued at approximately $5,207,127.64. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Greg M. Schwartz sold 3,750 shares of the firm’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $45.56, for a total transaction of $170,850.00. Following the sale, the insider now owns 3,750 shares in the company, valued at approximately $170,850. The disclosure for this sale can be found here. Insiders sold a total of 379,800 shares of company stock worth $16,970,457 over the last quarter. Corporate insiders own 26.97% of the company’s stock.

Want to see what other hedge funds are holding Z? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zillow Group, Inc. (NASDAQ:Z).

Institutional Ownership by Quarter for Zillow Group (NASDAQ:Z)

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