Alpha Windward LLC Has $521,000 Position in Realogy Holdings Corp. (NYSE:RLGY)

Alpha Windward LLC cut its stake in Realogy Holdings Corp. (NYSE:RLGY) by 8.7% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 16,055 shares of the financial services provider’s stock after selling 1,525 shares during the period. Alpha Windward LLC’s holdings in Realogy Holdings Corp. were worth $521,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. OLD Mutual Customised Solutions Proprietary Ltd. increased its stake in Realogy Holdings Corp. by 310.0% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 4,100 shares of the financial services provider’s stock valued at $122,000 after buying an additional 3,100 shares during the period. PNC Financial Services Group Inc. increased its stake in Realogy Holdings Corp. by 2.1% in the first quarter. PNC Financial Services Group Inc. now owns 4,136 shares of the financial services provider’s stock valued at $123,000 after buying an additional 86 shares during the period. Nisa Investment Advisors LLC bought a new stake in Realogy Holdings Corp. during the first quarter valued at approximately $134,000. Envestnet Asset Management Inc. increased its stake in Realogy Holdings Corp. by 304.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 6,276 shares of the financial services provider’s stock valued at $161,000 after buying an additional 4,726 shares during the period. Finally, Westpac Banking Corp bought a new stake in Realogy Holdings Corp. during the first quarter valued at approximately $220,000.

Realogy Holdings Corp. (NYSE RLGY) traded down 1.02% on Friday, reaching $33.88. The company’s stock had a trading volume of 1,117,787 shares. Realogy Holdings Corp. has a 1-year low of $21.43 and a 1-year high of $35.18. The firm’s 50 day moving average price is $33.25 and its 200-day moving average price is $29.98. The company has a market capitalization of $4.62 billion, a price-to-earnings ratio of 19.74 and a beta of 1.40.

Realogy Holdings Corp. (NYSE:RLGY) last announced its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.77 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.74 by $0.03. Realogy Holdings Corp. had a return on equity of 9.53% and a net margin of 4.06%. The firm had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.73 billion. During the same quarter in the previous year, the business earned $0.74 EPS. Realogy Holdings Corp.’s revenue for the quarter was up 7.9% compared to the same quarter last year. Equities analysts forecast that Realogy Holdings Corp. will post $1.71 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 30th. Investors of record on Wednesday, August 16th will be paid a $0.09 dividend. The ex-dividend date is Monday, August 14th. This represents a $0.36 annualized dividend and a dividend yield of 1.06%. Realogy Holdings Corp.’s dividend payout ratio is presently 21.05%.

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Several equities research analysts have commented on the company. Deutsche Bank AG set a $42.00 target price on Realogy Holdings Corp. and gave the stock a “buy” rating in a report on Tuesday, August 8th. BidaskClub raised Realogy Holdings Corp. from a “hold” rating to a “buy” rating in a report on Wednesday. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $38.00 price target on shares of Realogy Holdings Corp. in a report on Thursday. Barclays PLC upped their price target on Realogy Holdings Corp. from $23.00 to $24.00 and gave the company an “underweight” rating in a report on Friday, August 4th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $40.00 price target on shares of Realogy Holdings Corp. in a report on Friday, August 4th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $35.56.

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

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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