Realogy Holdings Corp (RLGY) Stake Raised by Polianta Ltd

Polianta Ltd increased its holdings in Realogy Holdings Corp (NYSE:RLGY) by 28.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,600 shares of the financial services provider’s stock after purchasing an additional 10,200 shares during the period. Polianta Ltd’s holdings in Realogy were worth $1,208,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in RLGY. Schwab Charles Investment Management Inc. grew its position in shares of Realogy by 83.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 1,286,364 shares of the financial services provider’s stock valued at $41,743,000 after purchasing an additional 586,928 shares during the period. SG Americas Securities LLC purchased a new stake in Realogy during the second quarter valued at about $222,000. Bank of New York Mellon Corp grew its position in Realogy by 0.9% during the second quarter. Bank of New York Mellon Corp now owns 646,997 shares of the financial services provider’s stock valued at $20,994,000 after acquiring an additional 5,600 shares during the period. Legal & General Group Plc grew its position in Realogy by 6.3% during the second quarter. Legal & General Group Plc now owns 131,613 shares of the financial services provider’s stock valued at $4,269,000 after acquiring an additional 7,762 shares during the period. Finally, Comerica Bank grew its position in Realogy by 3.3% during the second quarter. Comerica Bank now owns 7,944 shares of the financial services provider’s stock valued at $267,000 after acquiring an additional 257 shares during the period.

Shares of Realogy Holdings Corp (NYSE RLGY) traded up $0.04 during midday trading on Tuesday, hitting $26.70. The stock had a trading volume of 1,024,800 shares, compared to its average volume of 1,711,100. Realogy Holdings Corp has a 52 week low of $25.14 and a 52 week high of $35.18. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market capitalization of $3,590.00, a P/E ratio of 15.99, a price-to-earnings-growth ratio of 0.74 and a beta of 1.33.

Realogy (NYSE:RLGY) last issued its earnings results on Friday, November 3rd. The financial services provider reported $0.70 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.80 by ($0.10). Realogy had a return on equity of 9.08% and a net margin of 3.86%. The company had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.74 billion. During the same period in the previous year, the company earned $0.74 EPS. Realogy’s quarterly revenue was up 1.8% on a year-over-year basis. sell-side analysts expect that Realogy Holdings Corp will post 1.55 earnings per share for the current fiscal year.

In related news, Director Duncan L. Niederauer bought 5,000 shares of the firm’s stock in a transaction dated Monday, November 27th. The stock was bought at an average price of $26.47 per share, with a total value of $132,350.00. Following the completion of the transaction, the director now directly owns 25,141 shares of the company’s stock, valued at $665,482.27. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.80% of the stock is owned by corporate insiders.

A number of equities research analysts have issued reports on the company. Piper Jaffray Companies reissued a “buy” rating and set a $36.00 price target on shares of Realogy in a research report on Friday, December 22nd. Zacks Investment Research raised Realogy from a “hold” rating to a “buy” rating and set a $39.00 price target for the company in a research report on Wednesday, September 27th. Keefe, Bruyette & Woods downgraded Realogy from an “outperform” rating to a “market perform” rating and set a $38.00 price target for the company. in a research report on Tuesday, October 10th. BidaskClub raised Realogy from a “hold” rating to a “buy” rating in a research report on Thursday, October 5th. Finally, Citigroup lowered their price target on Realogy from $40.00 to $37.00 and set a “buy” rating for the company in a research report on Monday, November 6th. Four investment analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $34.78.

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About Realogy

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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Institutional Ownership by Quarter for Realogy (NYSE:RLGY)

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