Ashford Investment Management Exits Position in Realogy Holdings Corp (RLGY)

Realogy Holdings Corp (RLGY) : Ashford Investment Management has sold out all of its stake in Realogy Holdings Corp during the most recent quarter, according to the disclosure filed by the company on May 12, 2016 with the SEC. The investment management company has sold out 40,800 shares of Realogy Holdings Corp which is valued at $1.3 Million.

Other Hedge Funds, Including , Oppenheimerfunds sold out all of its stake in RLGY during the most recent quarter. The investment firm sold 155,607 shares of RLGY which is valued $4.9 Million. Pax World Management added RLGY to its portfolio by purchasing 20,776 company shares during the most recent quarter which is valued at $656,314. Realogy Holdings Corp makes up approx 0.04% of Pax World Management’s portfolio.Teachers Advisors Inc boosted its stake in RLGY in the latest quarter, The investment management firm added 11,390 additional shares and now holds a total of 138,946 shares of Realogy Holdings Corp which is valued at $4.3 Million. Realogy Holdings Corp makes up approx 0.01% of Teachers Advisors Inc’s portfolio.Ifp Advisors Inc boosted its stake in RLGY in the latest quarter, The investment management firm added 36 additional shares and now holds a total of 243 shares of Realogy Holdings Corp which is valued at $7,535.Calvert Investment Management boosted its stake in RLGY in the latest quarter, The investment management firm added 1,974 additional shares and now holds a total of 11,293 shares of Realogy Holdings Corp which is valued at $350,196. Realogy Holdings Corp makes up approx 0.02% of Calvert Investment Management’s portfolio.

Realogy Holdings Corp opened for trading at $30.45 and hit $30.965 on the upside on Friday, eventually ending the session at $30.78, with a gain of 1.15% or 0.35 points. The heightened volatility saw the trading volume jump to 9,91,400 shares. Company has a market cap of $4,494 M.

On the company’s financial health, Realogy Holdings Corp reported $-0.12 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on May 5, 2016. Analyst had a consensus of $-0.10. The company had revenue of $1134.00 million for the quarter, compared to analysts expectations of $1134.93 million. The company’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.22 EPS.

Many Wall Street Analysts have commented on Realogy Holdings Corp. Company shares were Upgraded by Compass Point on May 13, 2016 to ” Buy”, Firm has raised the Price Target to $ 40 from a previous price target of $35 .Keefe Bruyette Initiated Realogy Holdings Corp on Mar 31, 2016 to “Mkt Perform”, Price Target of the shares are set at $37.50.Realogy Holdings Corp was Downgraded by JP Morgan to ” Neutral” on Feb 24, 2016.

Realogy Holdings Corp. is a franchisor of residential real estate brokerages and a provider of outsourced employee relocation and title and settlement services in the United States. The Company has four operating segments: Real Estate Franchise Services (RFG) Company Owned Real Estate Brokerage Services (NRT) Relocation Services (Cartus) and Title and Settlement Services (TRG). The RFG segment is a franchisor of residential real estate brokerage services. The NRT segment owns and operates a residential real estate brokerage business in the United States. The Cartus segment provides outsourced employee relocation services. The TRG segment provides full-service title and settlement services to its clients. The Company’s portfolio of brokerage brands includes Century 21 Coldwell Banker Coldwell Banker Commercial ERA Sotheby’s International Realty Better Homes and Gardens Real Estate The Corcoran Group ZipRealty and Citi Habitats.

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