Tremblant Capital Group buys $43,446,681 stake in Realogy Holdings Corp (RLGY)

Realogy Holdings Corp (RLGY) : Tremblant Capital Group scooped up 314,222 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 15, 2016. The investment management firm now holds a total of 1,579,305 shares of Realogy Holdings Corp which is valued at $43,446,681.Realogy Holdings Corp makes up approximately 3.46% of Tremblant Capital Group’s portfolio.

Other Hedge Funds, Including , Paloma Partners Management Co reduced its stake in RLGY by selling 2,961 shares or 22.99% in the most recent quarter. The Hedge Fund company now holds 9,918 shares of RLGY which is valued at $272,844. Realogy Holdings Corp makes up approx 0.01% of Paloma Partners Management Co’s portfolio.Mizuho Asset Managementltd. boosted its stake in RLGY in the latest quarter, The investment management firm added 1,174 additional shares and now holds a total of 2,059 shares of Realogy Holdings Corp which is valued at $56,643. Realogy Holdings Corp makes up approx 0.01% of Mizuho Asset Managementltd.’s portfolio. Tlp Group added RLGY to its portfolio by purchasing 20,333 company shares during the most recent quarter which is valued at $549,398. Realogy Holdings Corp makes up approx 0.33% of Tlp Group’s portfolio.Public Employees Retirement Association Of Colorado reduced its stake in RLGY by selling 644 shares or 1.94% in the most recent quarter. The Hedge Fund company now holds 32,476 shares of RLGY which is valued at $1,006,431. Realogy Holdings Corp makes up approx 0.01% of Public Employees Retirement Association Of Colorado’s portfolio.Joel Isaacson boosted its stake in RLGY in the latest quarter, The investment management firm added 1,000 additional shares and now holds a total of 1,600 shares of Realogy Holdings Corp which is valued at $49,216. Realogy Holdings Corp makes up approx 0.01% of Joel Isaacson’s portfolio.

Realogy Holdings Corp closed down -0.37 points or -1.38% at $26.47 with 13,03,901 shares getting traded on Thursday. Post opening the session at $26.84, the shares hit an intraday low of $26.255 and an intraday high of $27.03 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *