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RealPage (NYSE:RP) was downgraded by JMP Securities to a “market perform” rating in a research note issued on Friday.

RealPage (NYSE:RP) opened at 21.42 on Friday. RealPage has a 52-week low of $15.40 and a 52-week high of $26.34. The stock has a 50-day moving average of $21.86 and a 200-day moving average of $20.14. The company has a market cap of $1.687 billion and a P/E ratio of 88.59.

RealPage (NYSE:RP) last announced its earnings results on Tuesday, May 6th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.01. The company had revenue of $101.90 million for the quarter, compared to the consensus estimate of $101.10 million. During the same quarter in the previous year, the company posted $0.13 earnings per share. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. On average, analysts predict that RealPage will post $0.68 earnings per share for the current fiscal year.

In other RealPage news, CEO Stephen T. Winn sold 70,000 shares of RealPage stock in a transaction dated Tuesday, July 8th. The stock was sold at an average price of $22.27, for a total value of $1,558,900.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of RealPage in a research note on Monday, June 23rd. They now have a $20.00 price target on the stock, up previously from $18.00. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $19.00.

RealPage, Inc, is a provider of on demand software solutions for the rental housing industry. The Company’s platform consists of its property management systems, as well as seven families of software-enabled value-added services.

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