Shares of Realogy Holdings Corp. (NYSE:RLGY) have been assigned an average recommendation of “Hold” from the ten brokerages that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $34.75.

Several analysts have commented on the stock. Zacks Investment Research lowered shares of Realogy Holdings Corp. from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. BidaskClub lowered shares of Realogy Holdings Corp. from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. Deutsche Bank AG set a $42.00 price objective on shares of Realogy Holdings Corp. and gave the stock a “buy” rating in a research report on Tuesday, August 8th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $40.00 price objective on shares of Realogy Holdings Corp. in a research report on Friday, August 4th. Finally, Wedbush lifted their price objective on shares of Realogy Holdings Corp. from $32.00 to $37.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 12th.

Shares of Realogy Holdings Corp. (RLGY) traded down 1.26% during midday trading on Friday, hitting $32.87. 1,543,225 shares of the stock were exchanged. The firm’s 50 day moving average is $33.55 and its 200-day moving average is $32.16. Realogy Holdings Corp. has a 1-year low of $21.43 and a 1-year high of $35.18. The stock has a market capitalization of $4.48 billion, a price-to-earnings ratio of 19.16 and a beta of 1.39.

Realogy Holdings Corp. (NYSE:RLGY) last released its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.03. Realogy Holdings Corp. had a net margin of 4.06% and a return on equity of 9.53%. The company had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.73 billion. During the same period last year, the firm earned $0.74 earnings per share. The firm’s revenue was up 7.9% on a year-over-year basis. On average, analysts predict that Realogy Holdings Corp. will post $1.72 EPS for the current year.

In other news, SVP Timothy B. Gustavson sold 3,093 shares of the business’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $34.84, for a total value of $107,760.12. Following the sale, the senior vice president now owns 8,705 shares of the company’s stock, valued at $303,282.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 1.80% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. FMR LLC raised its position in shares of Realogy Holdings Corp. by 10.1% in the second quarter. FMR LLC now owns 12,344,949 shares of the financial services provider’s stock valued at $400,594,000 after purchasing an additional 1,131,699 shares during the period. Vanguard Group Inc. raised its position in shares of Realogy Holdings Corp. by 2.5% in the first quarter. Vanguard Group Inc. now owns 11,017,764 shares of the financial services provider’s stock valued at $328,219,000 after purchasing an additional 269,319 shares during the period. BlackRock Inc. raised its position in shares of Realogy Holdings Corp. by 2,352.2% in the first quarter. BlackRock Inc. now owns 6,789,662 shares of the financial services provider’s stock valued at $202,264,000 after purchasing an additional 6,512,779 shares during the period. JPMorgan Chase & Co. raised its position in shares of Realogy Holdings Corp. by 3.3% in the second quarter. JPMorgan Chase & Co. now owns 3,586,764 shares of the financial services provider’s stock valued at $116,390,000 after purchasing an additional 115,408 shares during the period. Finally, Clearbridge Investments LLC raised its position in shares of Realogy Holdings Corp. by 4.5% in the first quarter. Clearbridge Investments LLC now owns 3,575,556 shares of the financial services provider’s stock valued at $106,516,000 after purchasing an additional 152,666 shares during the period.

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Realogy Holdings Corp. Company Profile

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.

Analyst Recommendations for Realogy Holdings Corp. (NYSE:RLGY)

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