Senator Investment Group Lp Lowers stake in Realogy Holdings Corp (RLGY)

Realogy Holdings Corp (RLGY) : Senator Investment Group Lp reduced its stake in Realogy Holdings Corp by 1.78% during the most recent quarter end. The investment management company now holds a total of 7,100,000 shares of Realogy Holdings Corp which is valued at $224.3 Million after selling 128,800 shares in Realogy Holdings Corp , the firm said in a disclosure report filed with the SEC on May 13, 2016.Realogy Holdings Corp makes up approximately 3.04% of Senator Investment Group Lp’s portfolio.

Other Hedge Funds, Including , Barr E S Co boosted its stake in RLGY in the latest quarter, The investment management firm added 9,150 additional shares and now holds a total of 256,985 shares of Realogy Holdings Corp which is valued at $8.1 Million. Realogy Holdings Corp makes up approx 0.98% of Barr E S Co’s portfolio.Credit Agricole S A boosted its stake in RLGY in the latest quarter, The investment management firm added 14,346 additional shares and now holds a total of 99,487 shares of Realogy Holdings Corp which is valued at $3.1 Million. Realogy Holdings Corp makes up approx 0.02% of Credit Agricole S A’s portfolio. Menta Capital sold out all of its stake in RLGY during the most recent quarter. The investment firm sold 12,400 shares of RLGY which is valued $391,716.American Century Companies Inc boosted its stake in RLGY in the latest quarter, The investment management firm added 137,429 additional shares and now holds a total of 171,168 shares of Realogy Holdings Corp which is valued at $5.3 Million. Realogy Holdings Corp makes up approx 0.01% of American Century Companies Inc’s portfolio.Public Employees Retirement Association Of Colorado reduced its stake in RLGY by selling 2,588 shares or 7.25% in the most recent quarter. The Hedge Fund company now holds 33,120 shares of RLGY which is valued at $1.2 Million. Realogy Holdings Corp makes up approx 0.01% of Public Employees Retirement Association Of Colorado’s portfolio.

Realogy Holdings Corp opened for trading at $31.93 and hit $32.28 on the upside on Wednesday, eventually ending the session at $32.05, with a gain of 1.20% or 0.38 points. The heightened volatility saw the trading volume jump to 16,24,831 shares. Company has a market cap of $4,680 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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