Wells Fargo & Company MN raised its holdings in shares of Realogy Holdings Corp. (NYSE:RLGY) by 24.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 528,295 shares of the financial services provider’s stock after acquiring an additional 102,169 shares during the period. Wells Fargo & Company MN owned approximately 0.39% of Realogy Holdings Corp. worth $17,143,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. American International Group Inc. raised its position in shares of Realogy Holdings Corp. by 1,467.8% during the 1st quarter. American International Group Inc. now owns 67,337 shares of the financial services provider’s stock valued at $2,006,000 after acquiring an additional 63,042 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Realogy Holdings Corp. by 2.5% during the 1st quarter. Vanguard Group Inc. now owns 11,017,764 shares of the financial services provider’s stock valued at $328,219,000 after acquiring an additional 269,319 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in shares of Realogy Holdings Corp. by 21.1% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 699,436 shares of the financial services provider’s stock valued at $20,837,000 after acquiring an additional 121,704 shares during the last quarter. Principal Financial Group Inc. bought a new stake in shares of Realogy Holdings Corp. during the 1st quarter valued at $572,000. Finally, UBS Asset Management Americas Inc. raised its position in shares of Realogy Holdings Corp. by 24.6% during the 1st quarter. UBS Asset Management Americas Inc. now owns 117,537 shares of the financial services provider’s stock valued at $3,501,000 after acquiring an additional 23,189 shares during the last quarter.

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In related news, SVP Timothy B. Gustavson sold 3,093 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $34.84, for a total value of $107,760.12. Following the transaction, the senior vice president now owns 8,705 shares in the company, valued at $303,282.20. The transaction was disclosed in a document filed with the SEC, which is available through this link. 1.80% of the stock is owned by insiders.

Several brokerages have commented on RLGY. Deutsche Bank AG set a $42.00 target price on shares of Realogy Holdings Corp. and gave the company a “buy” rating in a research report on Tuesday, August 8th. BidaskClub upgraded shares of Realogy Holdings Corp. from a “hold” rating to a “buy” rating in a research report on Wednesday, August 9th. Keefe, Bruyette & Woods restated a “buy” rating and issued a $38.00 price objective on shares of Realogy Holdings Corp. in a research report on Thursday, August 10th. Piper Jaffray Companies restated a “buy” rating and issued a $40.00 price objective on shares of Realogy Holdings Corp. in a research report on Friday, August 4th. Finally, Barclays PLC upped their price objective on shares of Realogy Holdings Corp. from $23.00 to $24.00 and gave the company an “underweight” rating in a research report on Friday, August 4th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $34.75.

Shares of Realogy Holdings Corp. (RLGY) opened at 33.12 on Thursday. Realogy Holdings Corp. has a 52-week low of $21.43 and a 52-week high of $35.18. The company has a market cap of $4.52 billion, a PE ratio of 19.30 and a beta of 1.39. The company has a 50 day moving average of $34.11 and a 200-day moving average of $31.40.

Realogy Holdings Corp. (NYSE:RLGY) last released its earnings results on Thursday, August 3rd. The financial services provider reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.03. The business had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.73 billion. Realogy Holdings Corp. had a net margin of 4.06% and a return on equity of 9.53%. Realogy Holdings Corp.’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.74 earnings per share. Analysts forecast that Realogy Holdings Corp. will post $1.73 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 30th. Investors of record on Wednesday, August 16th were issued a $0.09 dividend. The ex-dividend date of this dividend was Monday, August 14th. This represents a $0.36 annualized dividend and a yield of 1.09%. Realogy Holdings Corp.’s payout ratio is 21.05%.

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.

Institutional Ownership by Quarter for Realogy Holdings Corp. (NYSE:RLGY)

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