Realogy Holdings Corp (NYSE:RLGY) Holdings Boosted by Gator Capital Management LLC

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Gator Capital Management LLC lifted its position in Realogy Holdings Corp (NYSE:RLGY) by 59.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 21,494 shares of the financial services provider’s stock after buying an additional 8,000 shares during the period. Gator Capital Management LLC’s holdings in Realogy were worth $490,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Okumus Fund Management Ltd. grew its holdings in shares of Realogy by 43.3% in the first quarter. Okumus Fund Management Ltd. now owns 8,227,926 shares of the financial services provider’s stock valued at $224,458,000 after purchasing an additional 2,484,565 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Realogy by 53.0% in the first quarter. Dimensional Fund Advisors LP now owns 4,772,569 shares of the financial services provider’s stock valued at $130,196,000 after purchasing an additional 1,653,568 shares during the period. Boston Partners grew its holdings in shares of Realogy by 540.9% in the first quarter. Boston Partners now owns 1,650,342 shares of the financial services provider’s stock valued at $45,021,000 after purchasing an additional 1,392,836 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in shares of Realogy by 0.4% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,175,803 shares of the financial services provider’s stock valued at $26,808,000 after purchasing an additional 4,558 shares during the period. Finally, Tikehau Investment Management purchased a new stake in shares of Realogy in the first quarter valued at about $14,972,000.

Shares of RLGY opened at $20.38 on Tuesday. The stock has a market cap of $2.63 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 0.58 and a beta of 1.19. Realogy Holdings Corp has a 1 year low of $20.02 and a 1 year high of $35.00. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.56 and a current ratio of 0.56.

Realogy (NYSE:RLGY) last issued its quarterly earnings results on Friday, August 3rd. The financial services provider reported $1.00 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.01. Realogy had a net margin of 6.58% and a return on equity of 8.32%. The business had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter in the prior year, the company earned $0.78 earnings per share. The business’s quarterly revenue was up 1.5% on a year-over-year basis. analysts predict that Realogy Holdings Corp will post 1.83 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 30th. Investors of record on Thursday, August 16th will be paid a dividend of $0.09 per share. The ex-dividend date of this dividend is Wednesday, August 15th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.77%. Realogy’s payout ratio is 22.93%.

A number of research analysts have commented on RLGY shares. Zacks Investment Research raised shares of Realogy from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a research report on Wednesday, May 2nd. Citigroup decreased their target price on shares of Realogy from $37.00 to $35.00 and set a “buy” rating on the stock in a research report on Friday, May 4th. Finally, ValuEngine cut shares of Realogy from a “sell” rating to a “strong sell” rating in a research report on Wednesday, May 2nd. Five research analysts have rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $31.75.

About Realogy

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.

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Institutional Ownership by Quarter for Realogy (NYSE:RLGY)

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