Tipp Hill Capital Management Exits Position in Realogy Holdings Corp (RLGY)

Realogy Holdings Corp (RLGY) : Tipp Hill Capital 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 Aug 3, 2016 with the SEC. The investment management company has sold out 140,000 shares of Realogy Holdings Corp which is valued at $4,284,000.

Other Hedge Funds, Including , Diam Ltd. boosted its stake in RLGY in the latest quarter, The investment management firm added 1,393 additional shares and now holds a total of 14,984 shares of Realogy Holdings Corp which is valued at $458,510. Realogy Holdings Corp makes up approx 0.01% of Diam Ltd.’s portfolio.Quantitative Investment Management boosted its stake in RLGY in the latest quarter, The investment management firm added 84,900 additional shares and now holds a total of 105,200 shares of Realogy Holdings Corp which is valued at $3,219,120. Realogy Holdings Corp makes up approx 0.14% of Quantitative Investment Management’s portfolio. Armbruster Capital Management sold out all of its stake in RLGY during the most recent quarter. The investment firm sold 120 shares of RLGY which is valued $3,719.Public Employees Retirement Association Of Colorado reduced its stake in RLGY by selling 644 shares or 1.94% in the most recent quarter. The Hedge Fund company now holds 32,476 shares of RLGY which is valued at $1,006,431. Realogy Holdings Corp makes up approx 0.01% of Public Employees Retirement Association Of Colorado’s portfolio.

Realogy Holdings Corp closed down -0.07 points or -0.26% at $27.02 with 20,45,559 shares getting traded on Monday. Post opening the session at $27.15, the shares hit an intraday low of $26.91 and an intraday high of $27.57 and the price fluctuated in this range throughout the day.Shares ended Monday 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. Shares were Reiterated by Compass Point on Aug 5, 2016 to “Buy” and Lowered the Price Target to $ 35 from a previous price target of $40 .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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