Bank of America Corp DE boosted its holdings in Realogy Holdings Corp (NYSE:RLGY) by 0.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,252,897 shares of the financial services provider’s stock after acquiring an additional 14,326 shares during the period. Bank of America Corp DE owned 4.55% of Realogy worth $38,924,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Comerica Bank grew its holdings in Realogy by 3.3% in the 1st quarter. Comerica Bank now owns 116,300 shares of the financial services provider’s stock valued at $400,000 after buying an additional 3,682 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of Realogy by 47.3% during the 1st quarter. SG Americas Securities LLC now owns 49,626 shares of the financial services provider’s stock worth $149,000 after purchasing an additional 15,938 shares in the last quarter. Victory Capital Management Inc. acquired a new stake in shares of Realogy during the 1st quarter worth $57,000. Rhumbline Advisers grew its holdings in shares of Realogy by 7.0% during the 1st quarter. Rhumbline Advisers now owns 405,594 shares of the financial services provider’s stock worth $1,221,000 after purchasing an additional 26,552 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of Realogy by 45.1% during the 1st quarter. Russell Investments Group Ltd. now owns 59,414 shares of the financial services provider’s stock worth $178,000 after purchasing an additional 18,469 shares in the last quarter.

Several research firms have recently issued reports on RLGY. ValuEngine raised Realogy from a “strong sell” rating to a “sell” rating in a report on Friday, August 21st. Zacks Investment Research raised Realogy from a “hold” rating to a “buy” rating and set a $13.00 price objective on the stock in a research note on Tuesday. Zelman & Associates raised Realogy from a “hold” rating to a “buy” rating in a research note on Monday, August 3rd. Finally, Evercore ISI raised Realogy from an “in-line” rating to an “outperform” rating and set a $13.00 price objective on the stock in a research note on Friday, July 31st. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $9.64.

Shares of RLGY opened at $11.21 on Wednesday. Realogy Holdings Corp has a 1 year low of $2.09 and a 1 year high of $13.88. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.60 and a quick ratio of 0.60. The company has a market capitalization of $1.29 billion, a price-to-earnings ratio of -2.18 and a beta of 2.92. The business has a 50-day moving average of $10.47 and a 200-day moving average of $6.88.

Realogy (NYSE:RLGY) last issued its quarterly earnings data on Thursday, July 30th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.30. Realogy had a positive return on equity of 4.67% and a negative net margin of 11.19%. The company had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same period last year, the company earned $0.83 earnings per share. As a group, sell-side analysts anticipate that Realogy Holdings Corp will post 0.36 EPS for the current year.

In other Realogy news, Director Michael J. Williams bought 5,000 shares of the stock in a transaction on Wednesday, August 19th. The stock was acquired at an average cost of $10.60 per share, for a total transaction of $53,000.00. Following the completion of the acquisition, the director now owns 102,460 shares in the company, valued at approximately $1,086,076. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.60% of the stock is owned by company insiders.

Realogy Profile

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.

Further Reading: What is meant by a buy rating?

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Institutional Ownership by Quarter for Realogy (NYSE:RLGY)

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