Zillow (Z) Active Following Payment of Class C Stock Dividend

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Cowen Adjusts PT on Zillow (Z) Following Dividend Payment; Sees More Acquisitions Lie Aheard

August 18, 2015 6:12 AM EDT

Cowen and Company updates its price target on Zillow (Nasdaq: Z) following issuance of a stock dividend last Friday. The firm moves its target from $60 to $20 and retains an Outperform rating on the stock.

Analyst Thomas Champion elaborated on the dividend: Zillow's stock dividend went into effect whereby Class A/B shareholders were each issued 2 shares of Class C shares. The Class A common... More

Zillow (Z) Approves Dividend of Non-Voting Class C Stock

July 21, 2015 4:11 PM EDT

Zillow (NASDAQ: Z) today announced its Board of Directors has unanimously approved a stock dividend of non-voting Class C capital stock.

On August 14, 2015, all shareholders of record of Zillow Group's Class A and Class B common stock as of 5:00 p.m. E.D.T. on July 31, 2015, the record date of the dividend, will receive a dividend of two... More