Stephens & Co. Upgrades Realogy Holdings Corp to Overweight

Brokerage firm Stephens & Co. Upgrades its rating on Realogy Holdings Corp(NYSE:RLGY). The shares have been rated Overweight. Previously, the analysts had a Equal-weight rating on the shares. The rating by Stephens & Co. was issued on Jul 12, 2016.

In a different note, On Jun 2, 2016, Citigroup said it Maintains its rating on Realogy Holdings Corp. The shares have been rated ‘Buy’ by the firm. On May 13, 2016, Compass Point said it Upgrades its rating on Realogy Holdings Corp. The shares have been rated ‘Buy’ by the firm.

Realogy Holdings Corp (RLGY) shares turned negative on Fridays trading session with the shares closing down -0.19 points or -0.64% at a volume of 14,85,480. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $29.96. The peak price level was also seen at $29.96 while the days lowest was $29.09. Finally the shares closed at $29.57. The 52-week high of the shares is $49.75 while the 52-week low is $27.43. According to the latest information available, the market cap of the company is $4,318 M.

Realogy Holdings Corp(RLGY) last announced its earnings results on May 5, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $1.13B. Analysts had an estimated revenue of $1.13B. Earnings per share were $-0.12. Analysts had estimated an EPS of $-0.11.

Several Insider Transactions has been reported to the SEC. On May 12, 2016, Michael J Williams (director) purchased 2,500 shares at $30.71 per share price.Also, On Mar 2, 2016, Duncan L Niederauer (director) purchased 6,950 shares at $31.99 per share price.On Sep 10, 2015, Anthony E Hull (CFO) purchased 2,500 shares at $40.40 per share price, according to the Form-4 filing with the securities and exchange commission.

Realogy Holdings Corp. is a franchisor of residential real estate brokerages and a provider of outsourced employee relocation and title and settlement services in the United States. The Company has four operating segments: Real Estate Franchise Services (RFG) Company Owned Real Estate Brokerage Services (NRT) Relocation Services (Cartus) and Title and Settlement Services (TRG). The RFG segment is a franchisor of residential real estate brokerage services. The NRT segment owns and operates a residential real estate brokerage business in the United States. The Cartus segment provides outsourced employee relocation services. The TRG segment provides full-service title and settlement services to its clients. The Company’s portfolio of brokerage brands includes Century 21 Coldwell Banker Coldwell Banker Commercial ERA Sotheby’s International Realty Better Homes and Gardens Real Estate The Corcoran Group ZipRealty and Citi Habitats.

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