California Public Employees Retirement System Has $10.27 Million Stake in Realogy Holdings Corp. (RLGY)

California Public Employees Retirement System raised its stake in Realogy Holdings Corp. (NYSE:RLGY) by 1.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 316,400 shares of the financial services provider’s stock after acquiring an additional 5,400 shares during the quarter. California Public Employees Retirement System owned approximately 0.23% of Realogy Holdings Corp. worth $10,267,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RLGY. Federated Investors Inc. PA acquired a new position in shares of Realogy Holdings Corp. in the second quarter worth $101,000. OLD Mutual Customised Solutions Proprietary Ltd. raised its holdings in shares of Realogy Holdings Corp. by 310.0% in 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 during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Realogy Holdings Corp. by 2.1% in 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 during the last quarter. Westpac Banking Corp acquired a new position in shares of Realogy Holdings Corp. in the first quarter worth $220,000. Finally, SG Americas Securities LLC acquired a new position in shares of Realogy Holdings Corp. in the second quarter worth $222,000.

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

RLGY has been the subject of several analyst reports. Barclays PLC upped 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. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $38.00 target price on shares of Realogy Holdings Corp. in a research note on Thursday, August 10th. Zacks Investment Research upgraded Realogy Holdings Corp. from a “hold” rating to a “buy” rating and set a $39.00 target price for the company in a research note on Wednesday, September 27th. TheStreet upgraded Realogy Holdings Corp. from a “c+” rating to a “b” rating in a research note on Wednesday, August 9th. Finally, BidaskClub lowered Realogy Holdings Corp. from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $34.75.

Realogy Holdings Corp. (NYSE:RLGY) opened at 33.18 on Friday. The firm has a market capitalization of $4.63 billion, a price-to-earnings ratio of 22.73 and a beta of 1.39. The company has a 50-day moving average price of $33.95 and a 200 day moving average price of $31.91. Realogy Holdings Corp. has a 1-year low of $21.43 and a 1-year high of $35.18.

Realogy Holdings Corp. (NYSE:RLGY) last issued its earnings results on Thursday, August 3rd. The financial services provider reported $0.77 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.03. Realogy Holdings Corp. had a return on equity of 9.53% and a net margin of 4.06%. The business had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.73 billion. During the same quarter last year, the firm posted $0.74 earnings per share. Realogy Holdings Corp.’s revenue was up 7.9% compared to the same quarter last year. Equities analysts anticipate that Realogy Holdings Corp. will post $1.73 earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: This story was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this story on another website, it was copied illegally and reposted in violation of U.S. and international copyright law. The original version of this story can be read at https://ledgergazette.com/2017/10/08/

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RLGY. Federated Investors Inc. PA acquired a new position in shares of Realogy Holdings Corp. in the second quarter worth $101,000. OLD Mutual Customised Solutions Proprietary Ltd. raised its holdings in shares of Realogy Holdings Corp. by 310.0% in 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 during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Realogy Holdings Corp. by 2.1% in 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 during the last quarter. Westpac Banking Corp acquired a new position in shares of Realogy Holdings Corp. in the first quarter worth $220,000. Finally, SG Americas Securities LLC acquired a new position in shares of Realogy Holdings Corp. in the second quarter worth $222,000.

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

RLGY has been the subject of several analyst reports. Barclays PLC upped 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. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $38.00 target price on shares of Realogy Holdings Corp. in a research note on Thursday, August 10th. Zacks Investment Research upgraded Realogy Holdings Corp. from a “hold” rating to a “buy” rating and set a $39.00 target price for the company in a research note on Wednesday, September 27th. TheStreet upgraded Realogy Holdings Corp. from a “c+” rating to a “b” rating in a research note on Wednesday, August 9th. Finally, BidaskClub lowered Realogy Holdings Corp. from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $34.75.

Realogy Holdings Corp. (NYSE:RLGY) opened at 33.18 on Friday. The firm has a market capitalization of $4.63 billion, a price-to-earnings ratio of 22.73 and a beta of 1.39. The company has a 50-day moving average price of $33.95 and a 200 day moving average price of $31.91. Realogy Holdings Corp. has a 1-year low of $21.43 and a 1-year high of $35.18.

Realogy Holdings Corp. (NYSE:RLGY) last issued its earnings results on Thursday, August 3rd. The financial services provider reported $0.77 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.03. Realogy Holdings Corp. had a return on equity of 9.53% and a net margin of 4.06%. The business had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.73 billion. During the same quarter last year, the firm posted $0.74 earnings per share. Realogy Holdings Corp.’s revenue was up 7.9% compared to the same quarter last year. Equities analysts anticipate that Realogy Holdings Corp. will post $1.73 earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: This story was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this story on another website, it was copied illegally and reposted in violation of U.S. and international copyright law. The original version of this story can be read at https://ledgergazette.com/2017/10/08/california-public-employees-retirement-system-has-10-27-million-stake-in-realogy-holdings-corp-rlgy.html.

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.

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

Receive News & Ratings for Realogy Holdings Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Realogy Holdings Corp. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply