Realogy Holdings Corp (RLGY) : Stanley Capital Management scooped up 7,800 additional shares in Realogy Holdings Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 106,279 shares of Realogy Holdings Corp which is valued at $3.4 Million.Realogy Holdings Corp makes up approximately 3.31% of Stanley Capital Management’s portfolio.
Other Hedge Funds, Including , Vanguard Group Inc boosted its stake in RLGY in the latest quarter, The investment management firm added 442,132 additional shares and now holds a total of 10,740,287 shares of Realogy Holdings Corp which is valued at $339.3 Million. Realogy Holdings Corp makes up approx 0.02% of Vanguard Group Inc’s portfolio.Norges Bank reduced its stake in RLGY by selling 105,261 shares or 9.04% in the most recent quarter. The Hedge Fund company now holds 1,058,493 shares of RLGY which is valued at $33.4 Million. Realogy Holdings Corp makes up approx 0.02% of Norges Bank’s portfolio. Bluecrest Capital Management Ltd sold out all of its stake in RLGY during the most recent quarter. The investment firm sold 7,346 shares of RLGY which is valued $227,799. Quantitative Investment Management added RLGY to its portfolio by purchasing 20,300 company shares during the most recent quarter which is valued at $629,503. Realogy Holdings Corp makes up approx 0.03% of Quantitative Investment Management’s portfolio.Armstrong Shaw Associates Incct reduced its stake in RLGY by selling 16,761 shares or 5.91% in the most recent quarter. The Hedge Fund company now holds 266,608 shares of RLGY which is valued at $9.5 Million. Realogy Holdings Corp makes up approx 2.44% of Armstrong Shaw Associates Incct’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.