Thrivent Financial for Lutherans increased its holdings in Realogy Holdings Corp (NYSE:RLGY) by 5.3% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 95,828 shares of the financial services provider’s stock after buying an additional 4,784 shares during the quarter. Thrivent Financial for Lutherans owned about 0.08% of Realogy worth $288,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of Realogy during the 4th quarter valued at about $15,439,000. Prentice Capital Management LP bought a new position in Realogy during the fourth quarter valued at approximately $10,706,000. Bank of America Corp DE grew its position in Realogy by 211.5% in the 4th quarter. Bank of America Corp DE now owns 1,557,997 shares of the financial services provider’s stock worth $15,081,000 after purchasing an additional 1,057,759 shares during the period. Renaissance Technologies LLC raised its stake in Realogy by 88.9% during the 4th quarter. Renaissance Technologies LLC now owns 1,326,415 shares of the financial services provider’s stock valued at $12,840,000 after buying an additional 624,215 shares during the last quarter. Finally, APG Asset Management N.V. lifted its holdings in shares of Realogy by 120.1% during the 1st quarter. APG Asset Management N.V. now owns 917,800 shares of the financial services provider’s stock valued at $9,318,000 after buying an additional 500,900 shares during the period.
Shares of RLGY stock opened at $7.07 on Wednesday. Realogy Holdings Corp has a 52-week low of $2.09 and a 52-week high of $13.88. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.54 and a current ratio of 0.54. The firm has a market capitalization of $812.22 million, a PE ratio of -1.60 and a beta of 2.73. The stock has a fifty day simple moving average of $6.26 and a two-hundred day simple moving average of $7.36.
Realogy (NYSE:RLGY) last released its quarterly earnings data on Thursday, May 7th. The financial services provider reported ($0.55) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.48) by ($0.07). The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.15 billion. Realogy had a positive return on equity of 6.32% and a negative net margin of 8.74%. On average, sell-side analysts forecast that Realogy Holdings Corp will post -0.91 EPS for the current fiscal year.
A number of analysts recently commented on the company. Compass Point raised Realogy from a “neutral” rating to a “buy” rating and set a $10.00 target price on the stock in a report on Wednesday, April 29th. Zacks Investment Research downgraded shares of Realogy from a “hold” rating to a “sell” rating in a research report on Saturday, June 20th. ValuEngine upgraded Realogy from a “sell” rating to a “hold” rating in a research report on Monday, June 1st. Susquehanna Bancshares cut their price target on Realogy from $8.00 to $3.00 and set a “neutral” rating for the company in a report on Monday, April 6th. Finally, Keefe, Bruyette & Woods decreased their price objective on Realogy from $10.00 to $5.00 and set a “market perform” rating on the stock in a research note on Wednesday, May 13th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. Realogy has an average rating of “Hold” and an average target price of $8.00.
Realogy Company Profile
Realogy Holdings Corp. is an integrated provider of residential real estate services in the United States. The Company is the franchisor of residential real estate brokerages with some of the recognized brands in the real estate industry, the owner of United States residential real estate brokerage offices, the global provider of outsourced employee relocation services and a provider of title and settlement services.
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