Vgi Partners Pty Ltd buys $30.5 Million stake in Realogy Holdings Corp (RLGY)

Realogy Holdings Corp (RLGY) : Vgi Partners Pty Ltd scooped up 214,993 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 964,868 shares of Realogy Holdings Corp which is valued at $30.5 Million.Realogy Holdings Corp makes up approximately 8.47% of Vgi Partners Pty Ltd’s portfolio.

Other Hedge Funds, Including , Dimensional Fund Advisors Lp boosted its stake in RLGY in the latest quarter, The investment management firm added 328,564 additional shares and now holds a total of 1,462,582 shares of Realogy Holdings Corp which is valued at $46.2 Million. Realogy Holdings Corp makes up approx 0.03% of Dimensional Fund Advisors Lp’s portfolio.Sg Americas Securities boosted its stake in RLGY in the latest quarter, The investment management firm added 1,592 additional shares and now holds a total of 5,843 shares of Realogy Holdings Corp which is valued at $184,580.Teacher Retirement System Of Texas reduced its stake in RLGY by selling 294,982 shares or 97.36% in the most recent quarter. The Hedge Fund company now holds 7,989 shares of RLGY which is valued at $252,373.Blackrock Investment Management reduced its stake in RLGY by selling 25,254 shares or 24.22% in the most recent quarter. The Hedge Fund company now holds 79,015 shares of RLGY which is valued at $2.5 Million.Profund Advisors reduced its stake in RLGY by selling 1,387 shares or 15.21% in the most recent quarter. The Hedge Fund company now holds 7,730 shares of RLGY which is valued at $239,707. Realogy Holdings Corp makes up approx 0.01% of Profund Advisors’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.

Leave a Reply

Realogy Holdings Corp - Is it time to Sell?

Top Brokerage Firms are advising their investors on Realogy Holdings Corp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.