Teacher Retirement System of Texas Invests $469,000 in Angi Inc. (NASDAQ:ANGI)

Teacher Retirement System of Texas bought a new stake in Angi Inc. (NASDAQ:ANGI) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 282,788 shares of the technology company’s stock, valued at approximately $469,000. Teacher Retirement System of Texas owned 0.06% of Angi at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in shares of Angi in the 4th quarter valued at approximately $27,000. Barclays PLC grew its position in Angi by 1,255.5% in the 3rd quarter. Barclays PLC now owns 16,401 shares of the technology company’s stock valued at $42,000 after buying an additional 15,191 shares during the last quarter. Centiva Capital LP acquired a new position in Angi in the 3rd quarter valued at $46,000. Jones Financial Companies Lllp raised its position in Angi by 38.8% during the 4th quarter. Jones Financial Companies Lllp now owns 28,439 shares of the technology company’s stock worth $47,000 after buying an additional 7,944 shares during the last quarter. Finally, Trust Co of the South lifted its stake in shares of Angi by 98.9% in the 4th quarter. Trust Co of the South now owns 51,286 shares of the technology company’s stock worth $85,000 after acquiring an additional 25,500 shares during the period. Hedge funds and other institutional investors own 12.84% of the company’s stock.

Analyst Upgrades and Downgrades

ANGI has been the subject of a number of recent analyst reports. Citigroup raised their price objective on shares of Angi from $17.00 to $20.00 and gave the company a “neutral” rating in a research report on Friday, January 31st. JMP Securities cut their price objective on Angi from $30.00 to $27.50 and set a “market outperform” rating for the company in a research report on Thursday, February 13th. StockNews.com lowered shares of Angi from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Angi in a research note on Wednesday, December 18th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $30.50.

Angi Stock Down 3.2 %

Shares of NASDAQ ANGI opened at $15.41 on Tuesday. The firm’s 50-day moving average is $17.12 and its two-hundred day moving average is $19.83. The company has a market capitalization of $766.29 million, a PE ratio of 192.65 and a beta of 1.91. Angi Inc. has a 12-month low of $14.90 and a 12-month high of $29.15. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.14 and a quick ratio of 2.05.

About Angi

Angi Inc connects home service professionals with consumers in the United States and internationally. The company operates through three segments: Ads and Leads, Services, and International. It provides consumers with tools and resources to help them find local, pre-screened and customer-rated service professionals, matches consumers with independently established home services professionals.