Realogy Holdings Corp. (RLGY) Shares Sold by Paulson & CO. Inc.

Paulson & CO. Inc. lowered its stake in Realogy Holdings Corp. (NYSE:RLGY) by 16.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,000,000 shares of the financial services provider’s stock after selling 785,000 shares during the period. Realogy Holdings Corp. accounts for 1.8% of Paulson & CO. Inc.’s holdings, making the stock its 17th largest holding. Paulson & CO. Inc. owned approximately 2.93% of Realogy Holdings Corp. worth $129,800,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently modified their holdings of the business. FMR LLC boosted its position in Realogy Holdings Corp. by 10.1% in the second quarter. FMR LLC now owns 12,344,949 shares of the financial services provider’s stock valued at $400,594,000 after buying an additional 1,131,699 shares in the last quarter. Vanguard Group Inc. boosted its position in Realogy Holdings Corp. by 2.5% in the first quarter. Vanguard Group Inc. now owns 11,017,764 shares of the financial services provider’s stock valued at $328,219,000 after buying an additional 269,319 shares in the last quarter. BlackRock Inc. boosted its position in Realogy Holdings Corp. by 2,352.2% in the first quarter. BlackRock Inc. now owns 6,789,662 shares of the financial services provider’s stock valued at $202,264,000 after buying an additional 6,512,779 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Realogy Holdings Corp. by 3.3% in the second quarter. JPMorgan Chase & Co. now owns 3,586,764 shares of the financial services provider’s stock valued at $116,390,000 after buying an additional 115,408 shares in the last quarter. Finally, Clearbridge Investments LLC boosted its position in Realogy Holdings Corp. by 4.5% in the first quarter. Clearbridge Investments LLC now owns 3,575,556 shares of the financial services provider’s stock valued at $106,516,000 after buying an additional 152,666 shares in the last quarter.

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In other Realogy Holdings Corp. news, SVP Timothy B. Gustavson sold 3,093 shares of the 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 completion of the sale, the senior vice president now owns 8,705 shares of the company’s stock, valued at approximately $303,282.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.80% of the company’s stock.

Shares of Realogy Holdings Corp. (NYSE:RLGY) traded up 2.66% during trading on Tuesday, hitting $32.81. 425,800 shares of the stock were exchanged. The firm has a market capitalization of $4.47 billion, a price-to-earnings ratio of 19.12 and a beta of 1.39. The stock’s 50 day moving average price is $33.73 and its 200 day moving average price is $32.08. 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 announced its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.77 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.74 by $0.03. The business had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.73 billion. Realogy Holdings Corp. had a net margin of 4.06% and a return on equity of 9.53%. The firm’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.74 EPS. On average, equities analysts predict that Realogy Holdings Corp. will post $1.72 earnings per share for the current year.

A number of analysts have weighed in on the stock. Deutsche Bank AG set a $42.00 target price on shares of Realogy Holdings Corp. and gave the company a “buy” rating in a research report on Tuesday, August 8th. BidaskClub upgraded shares of Realogy Holdings Corp. from a “hold” rating to a “buy” rating in a report on Wednesday, August 9th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $38.00 price target on shares of Realogy Holdings Corp. in a report on Thursday, August 10th. Piper Jaffray Companies reiterated a “buy” rating and set a $40.00 price target on shares of Re

A number of other institutional investors also recently modified their holdings of the business. FMR LLC boosted its position in Realogy Holdings Corp. by 10.1% in the second quarter. FMR LLC now owns 12,344,949 shares of the financial services provider’s stock valued at $400,594,000 after buying an additional 1,131,699 shares in the last quarter. Vanguard Group Inc. boosted its position in Realogy Holdings Corp. by 2.5% in the first quarter. Vanguard Group Inc. now owns 11,017,764 shares of the financial services provider’s stock valued at $328,219,000 after buying an additional 269,319 shares in the last quarter. BlackRock Inc. boosted its position in Realogy Holdings Corp. by 2,352.2% in the first quarter. BlackRock Inc. now owns 6,789,662 shares of the financial services provider’s stock valued at $202,264,000 after buying an additional 6,512,779 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Realogy Holdings Corp. by 3.3% in the second quarter. JPMorgan Chase & Co. now owns 3,586,764 shares of the financial services provider’s stock valued at $116,390,000 after buying an additional 115,408 shares in the last quarter. Finally, Clearbridge Investments LLC boosted its position in Realogy Holdings Corp. by 4.5% in the first quarter. Clearbridge Investments LLC now owns 3,575,556 shares of the financial services provider’s stock valued at $106,516,000 after buying an additional 152,666 shares in the last quarter.

WARNING: “Realogy Holdings Corp. (RLGY) Shares Sold by Paulson & CO. Inc.” was posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this story on another publication, it was stolen and reposted in violation of US & international trademark and copyright laws. The correct version of this story can be read at https://ledgergazette.com/2017/10/17/realogy-holdings-corp-rlgy-shares-sold-by-paulson-co-inc.html.

In other Realogy Holdings Corp. news, SVP Timothy B. Gustavson sold 3,093 shares of the 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 completion of the sale, the senior vice president now owns 8,705 shares of the company’s stock, valued at approximately $303,282.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.80% of the company’s stock.

Shares of Realogy Holdings Corp. (NYSE:RLGY) traded up 2.66% during trading on Tuesday, hitting $32.81. 425,800 shares of the stock were exchanged. The firm has a market capitalization of $4.47 billion, a price-to-earnings ratio of 19.12 and a beta of 1.39. The stock’s 50 day moving average price is $33.73 and its 200 day moving average price is $32.08. 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 announced its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.77 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.74 by $0.03. The business had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.73 billion. Realogy Holdings Corp. had a net margin of 4.06% and a return on equity of 9.53%. The firm’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.74 EPS. On average, equities analysts predict that Realogy Holdings Corp. will post $1.72 earnings per share for the current year.

A number of analysts have weighed in on the stock. Deutsche Bank AG set a $42.00 target price on shares of Realogy Holdings Corp. and gave the company a “buy” rating in a research report on Tuesday, August 8th. BidaskClub upgraded shares of Realogy Holdings Corp. from a “hold” rating to a “buy” rating in a report on Wednesday, August 9th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $38.00 price target on shares of Realogy Holdings Corp. in a report on Thursday, August 10th. Piper Jaffray Companies reiterated a “buy” rating and set a $40.00 price target on shares of Realogy Holdings Corp. in a report on Friday, August 4th. Finally, Barclays PLC lifted their price target on shares of Realogy Holdings Corp. from $23.00 to $24.00 and gave the stock an “underweight” rating in a report on Friday, August 4th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $34.75.

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.

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

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