Marlowe Partners Lp adds Realogy Holdings Corp (RLGY) to its portfolio

Realogy Holdings Corp (RLGY) : Marlowe Partners Lp added new position in Realogy Holdings Corp during the most recent quarter end. The investment management firm now holds 18,800 shares of Realogy Holdings Corp which is valued at $517,188 , the company said in a statement filed on Aug 12, 2016 with the SEC.Realogy Holdings Corp makes up approximately 0.38% of Marlowe Partners Lp’s portfolio.

Other Hedge Funds, Including , Pictet Asset Management Ltd reduced its stake in RLGY by selling 3,900 shares or 7.21% in the most recent quarter. The Hedge Fund company now holds 50,200 shares of RLGY which is valued at $1,381,002. Realogy Holdings Corp makes up approx 0.01% of Pictet Asset Management Ltd’s portfolio.Tiaa Cref Investment Management reduced its stake in RLGY by selling 2,644,107 shares or 81.93% in the most recent quarter. The Hedge Fund company now holds 583,054 shares of RLGY which is valued at $16,039,816. Realogy Holdings Corp makes up approx 0.01% of Tiaa Cref Investment Management’s portfolio.Analytic Investors boosted its stake in RLGY in the latest quarter, The investment management firm added 2,012 additional shares and now holds a total of 45,991 shares of Realogy Holdings Corp which is valued at $1,265,212. Realogy Holdings Corp makes up approx 0.01% of Analytic Investors’s portfolio.Zurcher Kantonalbank (zurich Cantonalbank) reduced its stake in RLGY by selling 547 shares or 1.54% in the most recent quarter. The Hedge Fund company now holds 34,938 shares of RLGY which is valued at $1,069,103. Realogy Holdings Corp makes up approx 0.01% of Zurcher Kantonalbank (zurich Cantonalbank)’s portfolio.K.j. Harrison Partners Inc reduced its stake in RLGY by selling 600 shares or 1.48% in the most recent quarter. The Hedge Fund company now holds 40,000 shares of RLGY which is valued at $1,224,800. Realogy Holdings Corp makes up approx 0.64% of K.j. Harrison Partners Inc’s portfolio.

Realogy Holdings Corp opened for trading at $27.11 and hit $27.56 on the upside on Monday, eventually ending the session at $27.33, with a gain of 1.37% or 0.37 points. The heightened volatility saw the trading volume jump to 11,63,769 shares. Company has a market cap of $3,965 M.

On the company’s financial health, Realogy Holdings Corp reported $0.74 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus of $0.78. The company had revenue of $1662.00 million for the quarter, compared to analysts expectations of $1713.30 million. The company’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.66 EPS.

Many Wall Street Analysts have commented on Realogy Holdings Corp. Shares were Reiterated by Compass Point on Aug 5, 2016 to “Buy” and Lowered the Price Target to $ 35 from a previous price target of $40 .Realogy Holdings Corp was Upgraded by Keefe Bruyette to ” Outperform” on Jul 25, 2016.

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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