Realogy Holdings Corp (RLGY) : Clovis Capital Management Lp added new position in Realogy Holdings Corp during the most recent quarter end. The investment management firm now holds 363,109 shares of Realogy Holdings Corp which is valued at $11.5 Million , the company said in a statement filed on May 12, 2016 with the SEC.Realogy Holdings Corp makes up approximately 7.87% of Clovis Capital Management Lp’s portfolio.
Other Hedge Funds, Including , Signaturefd boosted its stake in RLGY in the latest quarter, The investment management firm added 6 additional shares and now holds a total of 78 shares of Realogy Holdings Corp which is valued at $2,464.Cipher Capital Lp boosted its stake in RLGY in the latest quarter, The investment management firm added 49,429 additional shares and now holds a total of 60,487 shares of Realogy Holdings Corp which is valued at $1.9 Million. Realogy Holdings Corp makes up approx 0.18% of Cipher Capital Lp’s portfolio.Limestone Value Partners reduced its stake in RLGY by selling 15,000 shares or 6.31% in the most recent quarter. The Hedge Fund company now holds 222,700 shares of RLGY which is valued at $7 Million. Realogy Holdings Corp makes up approx 11.02% of Limestone Value Partners’s portfolio.Blackrock Institutional Trust Company N.a. reduced its stake in RLGY by selling 38,253 shares or 0.95% in the most recent quarter. The Hedge Fund company now holds 3,997,518 shares of RLGY which is valued at $126.3 Million. Realogy Holdings Corp makes up approx 0.02% of Blackrock Institutional Trust Company N.a.’s portfolio.Capital Fund Management S.a. reduced its stake in RLGY by selling 56,170 shares or 33.32% in the most recent quarter. The Hedge Fund company now holds 112,401 shares of RLGY which is valued at $3.5 Million. Realogy Holdings Corp makes up approx 0.06% of Capital Fund Management S.a.’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.