Noteworthy Price Action: Time to Buy Realogy Holdings Corp After Today’s Significant Decline?

Noteworthy Price Action: Time to Buy Realogy Holdings Corp After Today's Significant Decline?

The stock of Realogy Holdings Corp (NYSE:RLGY) is a huge mover today! About 754,717 shares traded hands. Realogy Holdings Corp (NYSE:RLGY) has declined 27.87% since March 11, 2016 and is downtrending. It has underperformed by 33.33% the S&P500.
The move comes after 5 months negative chart setup for the $3.49B company. It was reported on Oct, 14 by We have $22.81 PT which if reached, will make NYSE:RLGY worth $244.30M less.

Analysts await Realogy Holdings Corp (NYSE:RLGY) to report earnings on November, 3. They expect $0.77 earnings per share, up 2.67% or $0.02 from last year’s $0.75 per share. RLGY’s profit will be $109.55 million for 7.96 P/E if the $0.77 EPS becomes a reality. After $0.74 actual earnings per share 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 9 analysts covering Realogy Holdings Corporation (NYSE:RLGY), 4 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 44% are positive. Realogy Holdings Corporation has been the topic of 19 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Citigroup given on Friday, October 2. Compass Point maintained Realogy Holdings Corp (NYSE:RLGY) rating on Wednesday, October 28. Compass Point has “Neutral” rating and $44 price target. Compass Point maintained the stock with “Neutral” rating in Tuesday, January 5 report. Compass Point maintained the stock with “Buy” rating in Friday, August 5 report. Citigroup maintained the stock with “Buy” rating in Thursday, June 2 report. The firm has “Neutral” rating by Compass Point given on Tuesday, November 24. The rating was downgraded by Goldman Sachs on Monday, August 3 to “Neutral”. The firm has “Neutral” rating given on Wednesday, February 24 by JP Morgan. The stock of Realogy Holdings Corp (NYSE:RLGY) has “Neutral” rating given on Thursday, October 6 by Wedbush. The firm has “Buy” rating by Compass Point given on Friday, May 13.

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 2016 Q2. Its down 0.09, from 1.12 in 2016Q1. The ratio dived, 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.
The New York-based Citigroup has invested 0% in Realogy Holdings Corp (NYSE:RLGY). Moreover, Sumitomo Mitsui Trust has 0.02% invested in Realogy Holdings Corp (NYSE:RLGY) for 375,903 shares. Scotia Cap reported 19,710 shares or 0.01% of all its holdings. Moreover, Goldman Sachs Grp has 0.01% invested in Realogy Holdings Corp (NYSE:RLGY) for 666,376 shares. Soros Fund Management Ltd holds 0.2% or 325,000 shares in its portfolio. Gluskin Sheff Assocs holds 0.58% of its portfolio in Realogy Holdings Corp (NYSE:RLGY) for 231,520 shares. Signaturefd Limited Liability Corporation holds 0% or 78 shares in its portfolio. Marlowe Prns L P accumulated 18,800 shares or 0.44% of the stock. Envestnet Asset Mgmt Incorporated has 2,343 shares for 0% of their US portfolio. Sound Shore Mgmt Incorporated Ct last reported 1.19% of its portfolio in the stock. Panagora Asset Mgmt Inc has invested 0% of its portfolio in Realogy Holdings Corp (NYSE:RLGY). California State Teachers Retirement System has 314,628 shares for 0.02% of their US portfolio. Invesco Ltd owns 2.47 million shares or 0.03% of their US portfolio. The California-based Franklin Resource has invested 0% in Realogy Holdings Corp (NYSE:RLGY). Tower Research Capital Ltd Liability Com (Trc) holds 0.01% of its portfolio in Realogy Holdings Corp (NYSE:RLGY) for 2,413 shares.

Insider Transactions: Since May 11, 2016, the stock had 1 insider buy, and 0 sales for $76,775 net activity. On Wednesday, May 11 the insider WILLIAMS MICHAEL J bought $76,775.

More important recent Realogy Holdings Corp (NYSE:RLGY) news were published by: which released: “Realogy weathers “challenging” Q2, vows to fight rivals’ rampant agent poaching” on August 04, 2016, also published article titled: “Realogy Holdings Corp.: Realogy To Release Third Quarter 2016 Financial …”, published: “Sotheby’s International Realty Global Website Integrates New Technologies” on October 10, 2016. More interesting news about Realogy Holdings Corp (NYSE:RLGY) was released by: and their article: “Realogy Franchise Group Appoints Carter Murdoch as Senior Vice President of …” with publication date: July 13, 2016.

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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