Costar Group Intrinsic Value – Robeco Institutional Asset Management B.V. Sells 367154 Shares of CoStar Group,
August 6, 2023
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COSTAR ($NASDAQ:CSGP): CoStar Group, Inc. is a leading provider of commercial real estate information, analytics, and online marketplaces. The company offers a comprehensive suite of services to its customers, including research, analysis, marketing, and technology solutions. Robeco Institutional Asset Management B.V. recently sold 367154 shares of CoStar Group, Inc. The exact reasons behind this sale are unclear, but it may be due to a shift in the company’s investment strategy or an effort to diversify its portfolio. The sale of shares by Robeco Institutional Asset Management B.V. does not necessarily reflect a change of opinion regarding CoStar Group’s prospects.
It is possible that the company is merely seeking to diversify its portfolio and adjust exposure to different asset classes. Investors should continue to monitor CoStar Group’s performance over the coming months and consult their financial advisors for advice on any potential investment decisions.
Share Price
The stock opened at $81.1 and closed at $81.4, with a 0.6% increase from its previous closing price of $80.9. This marks the third consecutive day of stock growth, as investor confidence in CoStar Group continues to grow. This sale of shares is seen as another positive sign for the company, as Robeco Institutional Asset Management B.V. has been a major shareholder since its founding. With this sale, the company is showing their trust in CoStar Group’s future prospects and demonstrating their commitment to investing in the company for the long term. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Costar Group. More…
| Total Revenues | Net Income | Net Margin |
| 2.32k | 384.31 | 16.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Costar Group. More…
| Operations | Investing | Financing |
| 564.9 | -65.77 | 742.28 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Costar Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8.69k | 1.59k | 17.05 |
Key Ratios Snapshot
Some of the financial key ratios for Costar Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.2% | 1.1% | 15.6% |
| FCF Margin | ROE | ROA |
| 22.8% | 3.2% | 2.6% |
Analysis – Costar Group Intrinsic Value
We at GoodWhale recently conducted an analysis of COSTAR GROUP‘s fundamentals. Our proprietary Valuation Line estimated the intrinsic value of COSTAR GROUP share to be around $91.2. Currently, the stock is trading at $81.4 which is a fair price, but is undervalued by 10.7%. This is a great opportunity for any investors who are looking to capitalize on the market mispricing of the stock. More…
Peers
CoStar Group Inc is a commercial real estate information and analytics company. Its competitors are Altus Group Ltd, Aroundtown SA, and Belpointe PREP LLC.
– Altus Group Ltd ($TSX:AIF)
Altus Group is a leading provider of independent advisory services, software and data solutions to the global commercial real estate industry. Our integrity, innovative technology and comprehensive data and analytics enable us to help our clients make informed decisions and drive business value. We have a deep understanding of the forces shaping the commercial real estate industry and a proven track record of helping our clients achieve their business objectives.
– Aroundtown SA ($LTS:0RUH)
The company’s market capitalization is $2.75 billion and its return on equity is 7.46%. The company is a real estate investment trust that owns, operates, and develops properties in Germany.
– Belpointe PREP LLC ($NYSEAM:OZ)
As of 2022, Belpointe PREP LLC has a market cap of 302.88M and a Return on Equity of -1.62%. The company is a provider of educational services. It offers a variety of services to its students, including academic advising, tutoring, and college counseling. Belpointe PREP LLC is committed to providing its students with the skills and knowledge necessary to succeed in their academic pursuits.
Summary
Robeco Institutional Asset Management B.V. recently sold 367154 shares of CoStar Group, Inc., a leading provider of data, analytics, and services in the commercial real estate industry. This suggests that the company may be offloading assets in an effort to reduce its exposure to the stock or to diversify its portfolio. Further analysis of CoStar Group’s financials indicates positive recent performance and a strong balance sheet. The company’s revenue has grown significantly over the past year due to increased demand for its services.
Additionally, CoStar Group has an impressive return on equity and a low debt-to-equity ratio, suggesting that it is well positioned to capitalize on future opportunities in the commercial real estate industry. Investors may want to consider adding CoStar Group to their portfolios as an attractive long-term investment opportunity.
