Tipp Hill Capital Management adds Realogy Holdings Corp (RLGY) to its portfolio

Realogy Holdings Corp (RLGY) : Tipp Hill Capital Management added new position in Realogy Holdings Corp during the most recent quarter end. The investment management firm now holds 140,000 shares of Realogy Holdings Corp which is valued at $5,125,400 , the company said in a statement filed on Apr 19, 2016 with the SEC.Realogy Holdings Corp makes up approximately 5.04% of Tipp Hill Capital Management’s portfolio.

Realogy Holdings Corp opened for trading at $36.81 and hit $37.33 on the upside on Friday, eventually ending the session at $36.61, with a gain of 0.05% or 0.02 points. The heightened volatility saw the trading volume jump to 7,70,140 shares. Company has a market cap of $5,373 M.

Other Hedge Funds, Including , Gierl Augustine Investment Management Inc added RLGY to its portfolio by purchasing 1,030 company shares during the most recent quarter which is valued at $37,945. Realogy Holdings Corp makes up approx 0.04% of Gierl Augustine Investment Management Inc’s portfolio. Simplex Trading added RLGY to its portfolio by purchasing 3,321 company shares during the most recent quarter which is valued at $122,346. Realogy Holdings Corp makes up approx 0.02% of Simplex Trading’s portfolio.Creative Planning reduced its stake in RLGY by selling 190 shares or 27.54% in the most recent quarter. The Hedge Fund company now holds 500 shares of RLGY which is valued at $17,795.

On the company’s financial health, Realogy Holdings Corp reported $0.76 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Nov 5, 2015. Analyst had a consensus of $0.81. The company had revenue of $1668.00 million for the quarter, compared to analysts expectations of $1648.86 million. The company’s revenue was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.68 EPS.

Many Wall Street Analysts have commented on Realogy Holdings Corp. 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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