Dynamic Technology Lab Private Ltd acquired a new stake in shares of Realogy Holdings Corp. (NYSE:RLGY) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 32,615 shares of the financial services provider’s stock, valued at approximately $1,074,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RLGY. Principal Financial Group Inc. bought a new stake in Realogy Holdings Corp. in the 1st quarter valued at approximately $572,000. Teachers Advisors LLC lifted its stake in Realogy Holdings Corp. by 5.7% in the 1st quarter. Teachers Advisors LLC now owns 199,973 shares of the financial services provider’s stock valued at $5,957,000 after acquiring an additional 10,758 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in Realogy Holdings Corp. by 2.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,136 shares of the financial services provider’s stock valued at $123,000 after acquiring an additional 86 shares in the last quarter. UBS Group AG lifted its stake in Realogy Holdings Corp. by 34.2% in the 1st quarter. UBS Group AG now owns 16,322 shares of the financial services provider’s stock valued at $486,000 after acquiring an additional 4,162 shares in the last quarter. Finally, New York State Teachers Retirement System lifted its stake in Realogy Holdings Corp. by 0.8% in the 1st quarter. New York State Teachers Retirement System now owns 12,900 shares of the financial services provider’s stock valued at $384,000 after acquiring an additional 100 shares in the last quarter.
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Several equities research analysts have commented on the company. Deutsche Bank AG set a $42.00 target price on Realogy Holdings Corp. and gave the company a “buy” rating in a research note on Tuesday, August 8th. BidaskClub upgraded Realogy Holdings Corp. from a “hold” rating to a “buy” rating in a research note on Wednesday, August 9th. Keefe, Bruyette & Woods restated a “buy” rating and issued a $38.00 target price on shares of Realogy Holdings Corp. in a research note on Thursday, August 10th. Piper Jaffray Companies restated a “buy” rating and issued a $40.00 target price on shares of Realogy Holdings Corp. in a research note on Friday, August 4th. Finally, Barclays PLC boosted their target price on Realogy Holdings Corp. from $23.00 to $24.00 and gave the company an “underweight” rating in a research note on Friday, August 4th. Three research analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $35.25.
Shares of Realogy Holdings Corp. (NYSE RLGY) traded down $0.02 during trading on Tuesday, hitting $26.48. The stock had a trading volume of 1,743,000 shares, compared to its average volume of 1,259,363. Realogy Holdings Corp. has a one year low of $23.82 and a one year high of $35.18. The company has a market cap of $3,570.00, a PE ratio of 16.67, a P/E/G ratio of 0.86 and a beta of 1.38. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.41.
Realogy Holdings Corp. (NYSE:RLGY) last announced its quarterly earnings data on Friday, November 3rd. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.10). The company had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.74 billion. Realogy Holdings Corp. had a return on equity of 9.08% and a net margin of 3.86%. The company’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.74 EPS. analysts forecast that Realogy Holdings Corp. will post 1.55 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, November 16th will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date is Wednesday, November 15th. Realogy Holdings Corp.’s payout ratio is presently 21.56%.
Realogy Holdings Corp. 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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