Hillman Co. Boosts Position in Zillow Group, Inc. (NASDAQ:Z)

Hillman Co. raised its stake in shares of Zillow Group, Inc. (NASDAQ:Z) by 88.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 348,301 shares of the financial services provider’s stock after purchasing an additional 163,105 shares during the quarter. Zillow Group accounts for about 10.9% of Hillman Co.’s holdings, making the stock its 3rd biggest holding. Hillman Co. owned approximately 0.15% of Zillow Group worth $25,792,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Livforsakringsbolaget Skandia Omsesidigt raised its holdings in shares of Zillow Group by 400.0% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 500 shares of the financial services provider’s stock valued at $32,000 after buying an additional 400 shares in the last quarter. V Square Quantitative Management LLC purchased a new position in shares of Zillow Group during the third quarter worth approximately $35,000. Blue Trust Inc. lifted its holdings in shares of Zillow Group by 66.3% in the 3rd quarter. Blue Trust Inc. now owns 785 shares of the financial services provider’s stock worth $50,000 after acquiring an additional 313 shares during the last quarter. Brooklyn Investment Group purchased a new stake in shares of Zillow Group in the 3rd quarter valued at $74,000. Finally, Quarry LP bought a new position in shares of Zillow Group during the 2nd quarter valued at $61,000. Hedge funds and other institutional investors own 71.01% of the company’s stock.

Zillow Group Price Performance

NASDAQ Z opened at $80.00 on Friday. The business’s fifty day moving average is $78.21 and its 200 day moving average is $64.94. Zillow Group, Inc. has a fifty-two week low of $38.45 and a fifty-two week high of $86.88. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 0.11.

Insider Transactions at Zillow Group

In other Zillow Group news, insider Susan Daimler sold 3,694 shares of the firm’s stock in a transaction that occurred on Wednesday, November 13th. The stock was 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 position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, General Counsel Bradley D. Owens sold 1,212 shares of Zillow Group stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $73.98, for a total value of $89,663.76. Following the completion of the sale, the general counsel now directly owns 31,739 shares in the company, valued at approximately $2,348,051.22. The trade was a 3.68 % decrease in their position. 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 three months. Corporate insiders own 23.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on Z. Jefferies Financial Group lifted their price objective on Zillow Group from $80.00 to $90.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Morgan Stanley upped their price objective on shares of Zillow Group from $60.00 to $75.00 and gave the stock an “equal weight” rating in a report on Monday, January 13th. Needham & Company LLC reaffirmed a “hold” rating on shares of Zillow Group in a research note on Thursday, November 7th. Finally, Bank of America boosted their price target on shares of Zillow Group from $54.00 to $71.00 and gave the company a “neutral” rating in a research report on Friday, October 18th. Four analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $72.83.

Zillow Group Company 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.