Aigen Investment Management LP Reduces Position in Zillow Group, Inc. (NASDAQ:Z)

Aigen Investment Management LP cut its holdings in shares of Zillow Group, Inc. (NASDAQ:Z) by 35.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,433 shares of the financial services provider’s stock after selling 6,182 shares during the quarter. Aigen Investment Management LP’s holdings in Zillow Group were worth $730,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Larson Financial Group LLC lifted its holdings in shares of Zillow Group by 364.4% in the second quarter. Larson Financial Group LLC now owns 613 shares of the financial services provider’s stock worth $28,000 after buying an additional 481 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt increased its position in shares of Zillow Group by 400.0% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 500 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 400 shares during the last quarter. V Square Quantitative Management LLC bought a new position in shares of Zillow Group in the third quarter worth approximately $35,000. Blue Trust Inc. increased its position in shares of Zillow Group by 66.3% in the third quarter. Blue Trust Inc. now owns 785 shares of the financial services provider’s stock worth $50,000 after purchasing an additional 313 shares during the last quarter. Finally, Quarry LP bought a new position in shares of Zillow Group in the second quarter worth approximately $61,000. 71.01% of the stock is owned by hedge funds and other institutional investors.

Zillow Group Trading Up 0.4 %

Shares of Z stock opened at $74.67 on Thursday. The stock has a fifty day moving average of $62.81 and a 200 day moving average of $52.69. Zillow Group, Inc. has a 52 week low of $37.36 and a 52 week high of $76.69. The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 0.11.

Wall Street Analyst Weigh In

Several research firms recently weighed in on Z. Jefferies Financial Group upped their price objective on shares of Zillow Group from $80.00 to $90.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Deutsche Bank Aktiengesellschaft increased their price target on shares of Zillow Group from $55.00 to $60.00 and gave the company a “buy” rating in a research report on Friday, August 9th. Wedbush upgraded shares of Zillow Group from a “neutral” rating to an “outperform” rating and increased their price target for the company from $50.00 to $80.00 in a research report on Monday, September 16th. Craig Hallum upgraded shares of Zillow Group to a “strong-buy” rating in a research report on Thursday, August 8th. Finally, UBS Group upgraded shares of Zillow Group to a “strong-buy” rating in a research report on Thursday, August 8th. Four equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Zillow Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $70.33.

Insider Buying and Selling

In other Zillow Group news, Director Amy Bohutinsky sold 20,625 shares of the firm’s stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $67.23, for a total transaction of $1,386,618.75. Following the completion of the transaction, the director now owns 5,652 shares of the company’s stock, valued at approximately $379,983.96. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other Zillow Group news, Director Amy Bohutinsky sold 20,625 shares of the firm’s stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $67.23, for a total transaction of $1,386,618.75. Following the completion of the transaction, the director now owns 5,652 shares of the company’s stock, valued at approximately $379,983.96. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Thielke Claire Cormier sold 2,826 shares of the firm’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $61.11, for a total value of $172,696.86. Following the transaction, the director now directly owns 2,826 shares of the company’s stock, valued at $172,696.86. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 48,237 shares of company stock valued at $2,914,414 over the last quarter. 23.76% of the stock is owned by company insiders.

About Zillow Group

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.