Riverpark Capital Management buys $9,040,556 stake in Realogy Holdings Corp (RLGY)

Realogy Holdings Corp (RLGY) : Riverpark Capital Management scooped up 57,628 additional shares in Realogy Holdings Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 295,443 shares of Realogy Holdings Corp which is valued at $9,040,556.Realogy Holdings Corp makes up approximately 4.09% of Riverpark Capital Management’s portfolio.

Other Hedge Funds, Including , Riverpark Advisors boosted its stake in RLGY in the latest quarter, The investment management firm added 53,200 additional shares and now holds a total of 317,257 shares of Realogy Holdings Corp which is valued at $9,708,064. Realogy Holdings Corp makes up approx 4.47% of Riverpark Advisors’s portfolio. Strs Ohio sold out all of its stake in RLGY during the most recent quarter. The investment firm sold 4,012 shares of RLGY which is valued $122,847. Calamos Wealth Management sold out all of its stake in RLGY during the most recent quarter. The investment firm sold 11,991 shares of RLGY which is valued $367,164. Newsquare Capital sold out all of its stake in RLGY during the most recent quarter. The investment firm sold 257 shares of RLGY which is valued $7,869.Joel Isaacson boosted its stake in RLGY in the latest quarter, The investment management firm added 1,000 additional shares and now holds a total of 1,600 shares of Realogy Holdings Corp which is valued at $49,216. Realogy Holdings Corp makes up approx 0.01% of Joel Isaacson’s portfolio.

Realogy Holdings Corp closed down -4.46 points or -14.58% at $26.14 with 98,82,164 shares getting traded on Thursday. Post opening the session at $28.11, the shares hit an intraday low of $25.91 and an intraday high of $28.13 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Realogy Holdings Corp reported $0.74 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus of $0.78. The company had revenue of $1662.00 million for the quarter, compared to analysts expectations of $1713.30 million. The company’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.66 EPS.

Many Wall Street Analysts have commented on Realogy Holdings Corp. Realogy Holdings Corp was Upgraded by Keefe Bruyette to ” Outperform” on Jul 25, 2016. 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 .

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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