Stock Worth Watching: Will Realogy Holdings Corp Go Down Anytime Soon?

Stock Worth Watching: Will Realogy Holdings Corp Go Down Anytime Soon?

The stock of Realogy Holdings Corp (NYSE:RLGY) is a huge mover today! About 507,880 shares traded hands. Realogy Holdings Corp (NYSE:RLGY) has declined 19.89% since March 1, 2016 and is downtrending. It has underperformed by 29.13% the S&P500.
The move comes after 9 months positive chart setup for the $3.93 billion company. It was reported on Oct, 4 by Barchart.com. We have $33.39 PT which if reached, will make NYSE:RLGY worth $982.50M more.

Analysts await Realogy Holdings Corp (NYSE:RLGY) to report earnings on November, 3. They expect $0.77 EPS, up 2.67% or $0.02 from last year’s $0.75 per share. RLGY’s profit will be $113.29M for 8.67 P/E if the $0.77 EPS becomes a reality. After $0.74 actual EPS reported by Realogy Holdings Corp for the previous quarter, Wall Street now forecasts 4.05% EPS growth.

Realogy Holdings Corp (NYSE:RLGY) Ratings Coverage

Out of 8 analysts covering Realogy Holdings Corporation (NYSE:RLGY), 4 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 50% are positive. Realogy Holdings Corporation has been the topic of 18 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The stock has “Neutral” rating given by JP Morgan on Wednesday, February 24. As per Friday, May 13, the company rating was upgraded by Compass Point. The stock of Realogy Holdings Corp (NYSE:RLGY) has “Buy” rating given on Thursday, June 2 by Citigroup. Compass Point maintained the stock with “Buy” rating in Friday, August 5 report. The firm has “Overweight” rating given on Monday, November 2 by Piper Jaffray. The firm has “Market Perform” rating given on Thursday, March 31 by Wood. The firm has “Neutral” rating given on Tuesday, November 24 by Compass Point. The rating was upgraded by Credit Suisse on Wednesday, January 6 to “Neutral”. The company was maintained on Monday, August 22 by Citigroup. The firm has “Neutral” rating given on Wednesday, October 28 by Compass Point.

According to Zacks Investment Research, “Realogy Holdings Corp. is a provider of real estate services. The Company through its subsidiaries provides real estate brokerage services, relocation services, and title and settlement services. The Company’s brands and business units include Better Homes and Gardens(R) Real Estate, CENTURY 21(R), Coldwell Banker(R), Coldwell Banker Commercial(R), The Corcoran Group(R), ERA(R), Sotheby’s International Realty(R), NRT LLC, Cartus and Title Resource Group. Realogy Holdings Corp. is headquartered in Parsippany, New Jersey.”

Insitutional Activity: The institutional sentiment decreased to 1.03 in Q2 2016. Its down 0.09, from 1.12 in 2016Q1. The ratio dropped, as 38 funds sold all Realogy Holdings Corp shares owned while 82 reduced positions. 34 funds bought stakes while 89 increased positions. They now own 140.84 million shares or 0.53% less from 141.58 million shares in 2016Q1.
Zurcher Kantonalbank (Zurich Cantonalbank) last reported 0.01% of its portfolio in the stock. Sumitomo Mitsui Asset Management accumulated 9,612 shares or 0.01% of the stock. Quantitative Invest Mngmt Ltd Liability accumulated 0.14% or 105,200 shares. Voya Investment Mngmt Ltd Liability Corporation holds 47,469 shares or 0% of its portfolio. Da Davidson holds 1,230 shares or 0% of its portfolio. Art Advsrs Limited Liability Co holds 0.28% or 193,562 shares in its portfolio. Scotia Capital has 0.01% invested in the company for 19,710 shares. Moreover, Paradigm Asset Ltd Llc has 0% invested in Realogy Holdings Corp (NYSE:RLGY) for 3,150 shares. Rbf Cap Ltd Liability Corporation accumulated 81,700 shares or 0.47% of the stock. Commerzbank Aktiengesellschaft Fi holds 8,456 shares or 0% of its portfolio. Verition Fund Mgmt, a Connecticut-based fund reported 8,945 shares. Commonwealth Bank & Trust Of Aus accumulated 0% or 1,307 shares. Gluskin Sheff And Assocs Inc reported 231,520 shares or 0.58% of all its holdings. Paloma Partners accumulated 0.02% or 74,271 shares. Ls Investment Advsrs Ltd Co has 0.01% invested in the company for 5,511 shares.

Insider Transactions: Since May 11, 2016, the stock had 1 insider buy, and 0 selling transactions for $76,775 net activity. The insider WILLIAMS MICHAEL J bought 2,500 shares worth $76,775.

More recent Realogy Holdings Corp (NYSE:RLGY) news were published by: Therealdeal.com which released: “Realogy weathers “challenging” Q2, vows to fight rivals’ rampant agent poaching” on August 04, 2016. Also Prnewswire.com published the news titled: “Realogy Franchise Group Appoints John Peyton as President and Chief Operating …” on September 26, 2016. Nasdaq.com‘s news article titled: “Realogy Holdings Corp. Bottom Line Rises 15% In Q2” with publication date: August 04, 2016 was also an interesting one.

RLGY Company Profile

Realogy Holdings Corp., incorporated on December 14, 2006, is an integrated well-known provider of residential real estate services in the United States. The Firm is the franchisor of residential real estate brokerages with some brands in the real estate industry; owner of the United States residential real estate brokerage offices; well-known provider of outsourced employee relocation services, and a well-known provider of title and settlement services. The Firm has four operating divisions: Real Estate Franchise Services (RFG), Company Owned Real Estate Brokerage Services (NRT), Relocation Services (Cartus), and Title and Settlement Services (TRG).

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