Evercore ISI initiated coverage on shares of Realogy Holdings Corp. (NYSE:RLGY) in a report released on Monday morning. The firm issued a hold rating and a $26.00 target price on the stock.

Several other equities analysts have also issued reports on RLGY. Compass Point dropped their price target on Realogy Holdings Corp. from $40.00 to $35.00 and set a buy rating on the stock in a research note on Friday, August 5th. Zacks Investment Research lowered Realogy Holdings Corp. from a hold rating to a strong sell rating in a research note on Wednesday, November 2nd. Piper Jaffray Cos. restated an overweight rating and set a $36.00 price target (down previously from $46.00) on shares of Realogy Holdings Corp. in a research note on Monday, August 8th. Keefe, Bruyette & Woods upgraded Realogy Holdings Corp. from a market perform rating to an outperform rating and set a $36.00 price target on the stock in a research note on Monday, July 25th. Finally, Wedbush began coverage on Realogy Holdings Corp. in a research note on Wednesday, October 5th. They set a neutral rating and a $28.50 price target on the stock. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of $35.65.

Shares of Realogy Holdings Corp. (NYSE:RLGY) traded down 1.09% during midday trading on Monday, hitting $23.54. 193,088 shares of the stock were exchanged. The firm has a market cap of $3.36 billion, a PE ratio of 21.06 and a beta of 1.38. The firm’s 50-day moving average is $24.31 and its 200 day moving average is $27.98. Realogy Holdings Corp. has a 52-week low of $21.43 and a 52-week high of $42.63.

Realogy Holdings Corp. (NYSE:RLGY) last released its quarterly earnings data on Friday, November 4th. The company reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.76 by $0.02. The firm earned $1.64 billion during the quarter, compared to the consensus estimate of $1.64 billion. Realogy Holdings Corp. had a net margin of 2.86% and a return on equity of 10.01%. The business’s revenue was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.74 earnings per share. On average, analysts forecast that Realogy Holdings Corp. will post $1.29 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 1st. Shareholders of record on Thursday, November 17th will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date of this dividend is Tuesday, November 15th. Realogy Holdings Corp.’s payout ratio is presently 31.86%.

In related news, CEO Richard A. Smith purchased 5,000 shares of the firm’s stock in a transaction on Thursday, November 10th. The stock was bought at an average cost of $24.19 per share, with a total value of $120,950.00. Following the completion of the acquisition, the chief executive officer now owns 413,311 shares of the company’s stock, valued at approximately $9,997,993.09. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.40% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. US Bancorp DE increased its position in shares of Realogy Holdings Corp. by 10.9% in the second quarter. US Bancorp DE now owns 3,896 shares of the company’s stock valued at $113,000 after buying an additional 384 shares during the last quarter. Nisa Investment Advisors LLC acquired a new position in shares of Realogy Holdings Corp. during the third quarter valued at $207,000. Partner Investment Management L.P. acquired a new position in shares of Realogy Holdings Corp. during the third quarter valued at $207,000. American International Group Inc. increased its position in shares of Realogy Holdings Corp. by 2.9% in the second quarter. American International Group Inc. now owns 7,242 shares of the company’s stock valued at $210,000 after buying an additional 202 shares during the last quarter. Finally, Zacks Investment Management acquired a new position in shares of Realogy Holdings Corp. during the third quarter valued at $210,000. 99.75% of the stock is owned by institutional investors.

About Realogy Holdings Corp.

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.

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