Armstrong Shaw Associates Incct buys $10,491,697 stake in Realogy Holdings Corp (RLGY)

Realogy Holdings Corp (RLGY) : Armstrong Shaw Associates Incct scooped up 119,400 additional shares in Realogy Holdings Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 386,008 shares of Realogy Holdings Corp which is valued at $10,491,697.Realogy Holdings Corp makes up approximately 2.56% of Armstrong Shaw Associates Incct’s portfolio.

Other Hedge Funds, Including , Advisors Asset Management reduced its stake in RLGY by selling 1,323 shares or 10.79% in the most recent quarter. The Hedge Fund company now holds 10,935 shares of RLGY which is valued at $297,213.Boston Partners boosted its stake in RLGY in the latest quarter, The investment management firm added 7,782 additional shares and now holds a total of 241,917 shares of Realogy Holdings Corp which is valued at $6,553,532. Realogy Holdings Corp makes up approx 0.01% of Boston Partners’s portfolio.Calvert Investment Management reduced its stake in RLGY by selling 338 shares or 2.99% in the most recent quarter. The Hedge Fund company now holds 10,955 shares of RLGY which is valued at $296,771. Realogy Holdings Corp makes up approx 0.01% of Calvert Investment Management’s portfolio. Seabridge Investment Advisors added RLGY to its portfolio by purchasing 1,332 company shares during the most recent quarter which is valued at $40,972. Realogy Holdings Corp makes up approx 0.01% of Seabridge Investment Advisors’s portfolio.

Realogy Holdings Corp opened for trading at $27.57 and hit $27.94 on the upside on Monday, eventually ending the session at $27.69, with a gain of 0.98% or 0.27 points. The heightened volatility saw the trading volume jump to 11,63,646 shares. Company has a market cap of $4,017 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. Company shares were Upgraded by Compass Point on May 13, 2016 to ” Buy”, Firm has raised the Price Target to $ 40 from a previous price target of $35 .

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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