2Q saw a 5.8% decline in CoStar Group's shares due to institutional investors adjusting their stakes.
2Q saw a 5.8% decrease in CoStar Group's (NASDAQ:CSGP) shares, with institutional investors like Norges Bank, Janus Henderson Group PLC, Capital International Investors, Capital Research Global Investors, and Westfield Capital Management Co. LP adjusting their stakes. CoStar, which offers services to the commercial real estate, hospitality, residential, and related industries, reported a $0.06 EPS beat on a $0.09 consensus estimate, reaching $0.15 EPS. The stock currently has a consensus "Moderate Buy" rating and a $96.38 target price.
7 months ago
6 Articles
Articles
Further Reading
You have 9 free stories remaining this month. Subscribe anytime for unlimited access.