Goldentree Asset Management Lp adds Realogy Holdings Corp (RLGY) to its portfolio

Realogy Holdings Corp (RLGY) : Goldentree Asset Management Lp added new position in Realogy Holdings Corp during the most recent quarter end. The investment management firm now holds 722,160 shares of Realogy Holdings Corp which is valued at $19,866,622 , the company said in a statement filed on Aug 15, 2016 with the SEC.Realogy Holdings Corp makes up approximately 5.13% of Goldentree Asset Management Lp’s portfolio.

Other Hedge Funds, Including , Amp Capital Investors Ltd reduced its stake in RLGY by selling 16,100 shares or 30.43% in the most recent quarter. The Hedge Fund company now holds 36,815 shares of RLGY which is valued at $1,012,781. Realogy Holdings Corp makes up approx 0.01% of Amp Capital Investors Ltd’s portfolio.Riverhead Capital Management reduced its stake in RLGY by selling 22,853 shares or 91.46% in the most recent quarter. The Hedge Fund company now holds 2,134 shares of RLGY which is valued at $58,706.Pinebridge Investments reduced its stake in RLGY by selling 50,349 shares or 90.35% in the most recent quarter. The Hedge Fund company now holds 5,380 shares of RLGY which is valued at $148,004. Realogy Holdings Corp makes up approx 0.01% of Pinebridge Investments’s portfolio.Fukoku Mutual Life Insurance Co reduced its stake in RLGY by selling 600 shares or 11.32% in the most recent quarter. The Hedge Fund company now holds 4,700 shares of RLGY which is valued at $126,994. Realogy Holdings Corp makes up approx 0.02% of Fukoku Mutual Life Insurance Co’s portfolio.

Realogy Holdings Corp closed down -0.37 points or -1.38% at $26.47 with 13,03,901 shares getting traded on Thursday. Post opening the session at $26.84, the shares hit an intraday low of $26.255 and an intraday high of $27.03 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Realogy Holdings Corp reported $0.74 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus of $0.78. The company had revenue of $1662.00 million for the quarter, compared to analysts expectations of $1713.30 million. The company’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.66 EPS.

Many Wall Street Analysts have commented on Realogy Holdings Corp. Shares were Reiterated by Compass Point on Aug 5, 2016 to “Buy” and Lowered the Price Target to $ 35 from a previous price target of $40 .Realogy Holdings Corp was Upgraded by Keefe Bruyette to ” Outperform” on Jul 25, 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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