Realogy Holdings Corp. (RLGY) Shares Bought by Financial Partners Capital Management LLC

Financial Partners Capital Management LLC boosted its position in Realogy Holdings Corp. (NYSE:RLGY) by 3.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 118,745 shares of the financial services provider’s stock after purchasing an additional 4,290 shares during the period. Financial Partners Capital Management LLC owned about 0.09% of Realogy Holdings Corp. worth $3,853,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Federated Investors Inc. PA purchased a new stake in shares of Realogy Holdings Corp. during the second quarter worth $101,000. Mckinley Capital Management LLC Delaware purchased a new stake in shares of Realogy Holdings Corp. during the second quarter worth $119,000. OLD Mutual Customised Solutions Proprietary Ltd. lifted its position in shares of Realogy Holdings Corp. by 310.0% during the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 4,100 shares of the financial services provider’s stock worth $122,000 after acquiring an additional 3,100 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Realogy Holdings Corp. by 2.1% during the first quarter. PNC Financial Services Group Inc. now owns 4,136 shares of the financial services provider’s stock worth $123,000 after acquiring an additional 86 shares in the last quarter. Finally, Petrus Trust Company LTA purchased a new stake in shares of Realogy Holdings Corp. during the second quarter worth $202,000.

In related news, SVP Timothy B. Gustavson sold 3,093 shares of Realogy Holdings Corp. stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $34.84, for a total transaction of $107,760.12. Following the transaction, the senior vice president now owns 8,705 shares in the company, valued at approximately $303,282.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 1.80% of the stock is currently owned by insiders.

Several research firms have issued reports on RLGY. Deutsche Bank AG set a $42.00 target price on Realogy Holdings Corp. and gave the stock a “buy” rating in a research report on Tuesday, August 8th. BidaskClub upgraded Realogy Holdings Corp. from a “hold” rating to a “buy” rating in a research report on Wednesday, August 9th. Keefe, Bruyette & Woods restated a “buy” rating and set a $38.00 target price on shares of Realogy Holdings Corp. in a research report on Thursday, August 10th. Piper Jaffray Companies restated a “buy” rating and set a $40.00 target price on shares of Realogy Holdings Corp. in a research report on Friday, August 4th. Finally, Barclays PLC increased their target price on Realogy Holdings Corp. from $23.00 to $24.00 and gave the stock an “underweight” rating in a research report on Friday, August 4th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $34.75.

Realogy Holdings Corp. (NYSE RLGY) traded down 0.96% on Tuesday, hitting $33.05. 360,494 shares of the stock traded hands. The company’s 50 day moving average price is $33.93 and its 200-day moving average price is $31.99. The stock has a market cap of $4.51 billion, a price-to-earnings ratio of 19.26 and a beta of 1.39. Realogy Holdings Corp. has a 52-week low of $21.43 and a 52-week high of $35.18.

Realogy Holdings Corp. (NYSE:RLGY) last released its earnings results on Thursday, August 3rd. The financial services provider reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.03. Realogy Holdings Corp. had a net margin of 4.06% and a return on equity of 9.53%. The company had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.73 billion. During the same quarter in the previous year, the company earned $0.74 EPS. Realogy Holdings Corp.’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, analysts forecast that Realogy Holdings Corp. will post $1.73 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: This piece was first posted by Community Financial News and is the sole property of of Community Financial News. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of US & international copyright and trademark legislation. The correct version of this piece can be read at https://www.com-unik.info/2017/10/10/realogy-holdings-corp-rlgy-shares-bought-by-financial-partners-capital-management-llc.html.

Realogy Holdings Corp. 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.

Want to see what other hedge funds are holding RLGY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Realogy Holdings Corp. (NYSE:RLGY).

Institutional Ownership by Quarter for Realogy Holdings Corp. (NYSE:RLGY)

What are top analysts saying about Realogy Holdings Corp.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Realogy Holdings Corp. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit