Schwab Charles Investment Management Inc. boosted its holdings in shares of CoStar Group Inc (NASDAQ:CSGP) by 14.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 120,892 shares of the technology company’s stock after buying an additional 15,265 shares during the quarter. Schwab Charles Investment Management Inc.’s holdings in CoStar Group were worth $35,899,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Toronto Dominion Bank boosted its position in shares of CoStar Group by 12.3% in the second quarter. Toronto Dominion Bank now owns 401 shares of the technology company’s stock worth $106,000 after purchasing an additional 44 shares during the period. First Manhattan Co. bought a new position in shares of CoStar Group in the third quarter worth approximately $187,000. Cubist Systematic Strategies LLC bought a new position in shares of CoStar Group in the second quarter worth approximately $188,000. Robeco Institutional Asset Management B.V. boosted its position in shares of CoStar Group by 54.0% in the third quarter. Robeco Institutional Asset Management B.V. now owns 779 shares of the technology company’s stock worth $210,000 after purchasing an additional 273 shares during the period. Finally, ETRADE Capital Management LLC bought a new position in shares of CoStar Group in the third quarter worth approximately $234,000. Institutional investors own 98.85% of the company’s stock.
CoStar Group Inc (NASDAQ CSGP) opened at $327.99 on Friday. CoStar Group Inc has a 1-year low of $197.18 and a 1-year high of $355.80. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.96 and a quick ratio of 3.96. The company has a market cap of $11,855.20, a price-to-earnings ratio of 82.20, a PEG ratio of 3.57 and a beta of 1.66.
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CoStar Group Company Profile
CoStar Group, Inc (CoStar) is a provider of information, analytics and online marketplaces to the commercial real estate and related business community through its database of commercial real estate information covering the United States, the United Kingdom, and parts of Canada, Spain, Germany and France.
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