Doliver Advisors LP Has $668,000 Holdings in Zillow Group, Inc. (NASDAQ:Z)

Doliver Advisors LP decreased its position in shares of Zillow Group, Inc. (NASDAQ:Z) by 6.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,020 shares of the financial services provider’s stock after selling 661 shares during the period. Doliver Advisors LP’s holdings in Zillow Group were worth $668,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of Z. CIBC Asset Management Inc grew its stake in shares of Zillow Group by 13.2% in the second quarter. CIBC Asset Management Inc now owns 5,758 shares of the financial services provider’s stock worth $267,000 after acquiring an additional 673 shares during the last quarter. Rhumbline Advisers raised its position in shares of Zillow Group by 3.0% during the second quarter. Rhumbline Advisers now owns 185,696 shares of the financial services provider’s stock valued at $8,614,000 after buying an additional 5,427 shares during the last quarter. Larson Financial Group LLC raised its position in shares of Zillow Group by 364.4% during the second quarter. Larson Financial Group LLC now owns 613 shares of the financial services provider’s stock valued at $28,000 after buying an additional 481 shares during the last quarter. TD Asset Management Inc lifted its stake in shares of Zillow Group by 10.7% in the second quarter. TD Asset Management Inc now owns 14,420 shares of the financial services provider’s stock valued at $669,000 after buying an additional 1,398 shares during the period. Finally, Arizona State Retirement System grew its position in Zillow Group by 1.7% during the second quarter. Arizona State Retirement System now owns 43,203 shares of the financial services provider’s stock worth $2,004,000 after buying an additional 708 shares in the last quarter. 71.01% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, insider Dan Spaulding sold 4,565 shares of the business’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $86.22, for a total value of $393,594.30. Following the completion of the sale, the insider now owns 58,217 shares of the company’s stock, valued at approximately $5,019,469.74. The trade was a 7.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Susan Daimler sold 3,694 shares of the company’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $73.98, for a total transaction of $273,282.12. Following the completion of the transaction, the insider now owns 18,770 shares in the company, valued at $1,388,604.60. This trade represents a 16.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 139,689 shares of company stock valued at $10,395,879 over the last ninety days. 23.76% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on Z shares. Jefferies Financial Group raised their price target on shares of Zillow Group from $80.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. Needham & Company LLC reaffirmed a “hold” rating on shares of Zillow Group in a research note on Thursday, November 7th. Morgan Stanley upped their price target on Zillow Group from $46.00 to $60.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 2nd. Bank of America upped their target price on shares of Zillow Group from $54.00 to $71.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. Finally, Wedbush upgraded shares of Zillow Group from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $50.00 to $80.00 in a research report on Monday, September 16th. Four research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $70.33.

Zillow Group Stock Up 0.8 %

Z traded up $0.59 during trading on Monday, reaching $75.23. 871,198 shares of the stock were exchanged, compared to its average volume of 1,708,038. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.13 and a current ratio of 3.13. The stock’s 50 day moving average price is $75.60 and its two-hundred day moving average price is $62.17. Zillow Group, Inc. has a twelve month low of $38.45 and a twelve month high of $86.88. The stock has a market cap of $17.57 billion, a P/E ratio of -131.98 and a beta of 2.02.

Zillow Group Profile

Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.