Realogy Holdings Corp (NYSE:RLGY) was the recipient of a large increase in short interest in the month of December. As of December 29th, there was short interest totalling 13,318,024 shares, an increase of 14.4% from the December 15th total of 11,642,916 shares. Currently, 10.0% of the company’s stock are short sold. Based on an average daily volume of 1,675,181 shares, the short-interest ratio is currently 8.0 days.

In other Realogy news, Director Duncan L. Niederauer purchased 5,000 shares of the firm’s stock in a transaction that occurred on Monday, November 27th. The stock was purchased at an average cost of $26.47 per share, with a total value of $132,350.00. Following the transaction, the director now owns 25,141 shares in the company, valued at $665,482.27. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.80% of the stock is currently owned by corporate insiders.

Several institutional investors have recently modified their holdings of the company. PNC Financial Services Group Inc. raised its stake in shares of Realogy by 0.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 4,153 shares of the financial services provider’s stock valued at $135,000 after purchasing an additional 17 shares in the last quarter. Gotham Asset Management LLC raised its stake in shares of Realogy by 0.7% in the 2nd quarter. Gotham Asset Management LLC now owns 12,170 shares of the financial services provider’s stock valued at $395,000 after purchasing an additional 90 shares in the last quarter. M&T Bank Corp raised its stake in shares of Realogy by 0.5% in the 2nd quarter. M&T Bank Corp now owns 24,955 shares of the financial services provider’s stock valued at $810,000 after purchasing an additional 134 shares in the last quarter. Comerica Bank raised its stake in shares of Realogy by 3.3% in the 2nd quarter. Comerica Bank now owns 7,944 shares of the financial services provider’s stock valued at $267,000 after purchasing an additional 257 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in shares of Realogy by 1.3% in the 2nd quarter. Royal Bank of Canada now owns 33,316 shares of the financial services provider’s stock valued at $1,081,000 after purchasing an additional 417 shares in the last quarter.

Realogy (RLGY) opened at $27.00 on Tuesday. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.94 and a quick ratio of 0.94. The firm has a market cap of $3,630.00, a PE ratio of 16.17, a price-to-earnings-growth ratio of 0.75 and a beta of 1.33. Realogy has a 12-month low of $25.14 and a 12-month high of $35.18.

Realogy (NYSE:RLGY) last posted its quarterly earnings data on Friday, November 3rd. The financial services provider reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.10). The firm had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.74 billion. Realogy had a net margin of 3.86% and a return on equity of 9.08%. The business’s quarterly revenue was up 1.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.74 earnings per share. equities research analysts predict that Realogy will post 1.55 earnings per share for the current year.

RLGY has been the subject of a number of research reports. Zacks Investment Research cut shares of Realogy from a “buy” rating to a “hold” rating in a research report on Wednesday, November 1st. JPMorgan Chase & Co. cut shares of Realogy from a “neutral” rating to an “underweight” rating and set a $28.00 price objective for the company. in a research report on Friday, December 15th. BidaskClub cut shares of Realogy from a “hold” rating to a “sell” rating in a research report on Tuesday, November 7th. Piper Jaffray Companies reissued a “buy” rating and issued a $33.00 price objective on shares of Realogy in a research report on Friday, November 3rd. Finally, Citigroup decreased their price objective on shares of Realogy from $40.00 to $37.00 and set a “buy” rating for the company in a research report on Monday, November 6th. Four research analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $34.78.

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Realogy 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.

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