ANTIPODES PARTNERS Ltd Grows Holdings in PropertyGuru Group Limited (NYSE:PGRU)

ANTIPODES PARTNERS Ltd lifted its holdings in PropertyGuru Group Limited (NYSE:PGRU) by 97.5% during the second quarter, Holdings Channel reports. The institutional investor owned 84,223 shares of the company’s stock after acquiring an additional 41,582 shares during the quarter. ANTIPODES PARTNERS Ltd’s holdings in PropertyGuru Group were worth $408,000 as of its most recent SEC filing.

Separately, Leo Wealth LLC purchased a new stake in shares of PropertyGuru Group in the 4th quarter worth about $34,000. 61.38% of the stock is currently owned by hedge funds and other institutional investors.

PropertyGuru Group Price Performance

Shares of PGRU opened at $6.60 on Friday. The company has a market capitalization of $1.08 billion, a P/E ratio of -132.00 and a beta of 0.36. The company has a quick ratio of 3.48, a current ratio of 3.48 and a debt-to-equity ratio of 0.01. The firm has a 50 day moving average of $6.06 and a 200 day moving average of $4.75. PropertyGuru Group Limited has a twelve month low of $3.15 and a twelve month high of $6.63.

PropertyGuru Group (NYSE:PGRU) last announced its quarterly earnings results on Tuesday, September 3rd. The company reported ($0.07) earnings per share for the quarter. The firm had revenue of $30.05 million for the quarter. PropertyGuru Group had a negative net margin of 7.37% and a negative return on equity of 1.12%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Benchmark reaffirmed a “buy” rating and issued a $7.00 target price on shares of PropertyGuru Group in a research report on Wednesday, May 22nd. JMP Securities restated a “market perform” rating on shares of PropertyGuru Group in a research note on Tuesday, August 20th.

PropertyGuru Group Profile

PropertyGuru Group Limited operates digital property classifieds marketplaces that connects homeowners and tenants with verified home service providers in Singapore, Vietnam, Malaysia, Thailand, and Indonesia. The company offers digital and marketing services for developers. It also offers data and sales process automation products.