Fox Run Management LLC Has $288000 Stake in Zillow Group, Inc. (ZG)

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Inc. boosted its position in Zillow Group by 8.8% in the first quarter. Clearbridge Investments LLC now owns 1,181,098 shares of the financial services provider's stock worth $39,768,000 after buying an additional 16,056 shares in the last quarter. As of December 31, 2016, the Company had published more than 2.6 million reviews, including more than 2.3 million reviews of local real estate agents and approximately 336,000 reviews of mortgage professionals submitted by its users on Zillow.

Institutional investors and hedge funds own 91.81% of the company's stock. (NASDAQ:ZG) news were published by: Fool.com which released: "Why Zillow Group, Inc". Vanguard Group Inc. increased its stake in Zillow Group by 6.4% in the first quarter. Following the sale, the chief executive officer now directly owns 7,500 shares of the company's stock, valued at $347,775. (ZG): "Raising PT But CFPB Presents Overhang - Deutsche Bank" published on August 07, 2017 as well as Prnewswire.com's news article titled: "Hutch Closes Series A Financing Round from Zillow Group" with publication date: "July 12, 2017. Principal Financial Group Inc. boosted its stake in shares of Zillow Group by 5.8% in the first quarter. (NASDAQ Z) traded up 0.91% on Tuesday, hitting $47.93.

Zillow Group, Inc. has a 52-week low of $31.22 and a 52-week high of $51.23. The firm's market cap is $7.96 billion. "(ZG)" was posted by Community Financial News and is owned by of Community Financial News. If you are accessing this report on another publication, it was copied illegally and reposted in violation of United States & worldwide copyright law. The original version of this story can be read at https://theolympiareport.com/2017/08/09/zillow-group-inc-z-position-lowered-by-daiwa-securities-group-inc.html. Zacks Investment Research cut shares of Zillow Group from a "buy" rating to a "hold" rating in a report on Tuesday, April 18th. Cowen and Company raised their target price on Zillow Group from $37.00 to $40.00 and gave the company a "market perform" rating in a report on Monday, May 15th. Bank of America Corporation reaffirmed a "buy" rating and set a $53.00 price objective (up previously from $45.00) on shares of Zillow Group in a research note on Wednesday, June 21st. Benchmark Co. reiterated a "buy" rating and issued a $55.00 price target on shares of Zillow Group in a report on Sunday, July 2nd.

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Among 2 analysts covering Zillow Group (NDAQ:ZG), 2 have Buy rating, 0 Sell and 0 Hold. Two equity analysts rating the company a strong buy, six equity analysts rating the company a buy, ten equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $29.80.

On July 14 Morgan Stanley made no change to the stock rating of "Overweight" and moved down the price target to $40.00 from $108.00.

WARNING: "Spencer M. Rascoff Sells 22,400 Shares of Zillow Group, Inc". The shares were sold at an average price of $43.34, for a total value of $5,207,127.64. Following the completion of the sale, the insider now directly owns 4,498,008 shares of the company's stock, valued at approximately $200,161,356. The stock was sold at an average price of $45.23, for a total value of $6,648,810.00. The disclosure for this sale can be found here. The Company also owns and operates various brands for real estate, rental and mortgage professionals, including Mortech, dotloop, Bridge Interactive and Retsly. Insiders have sold a total of 379,800 shares of company stock worth $16,970,457 in the last quarter.

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