Realogy Holdings Corp (NYSE:RLGY) has earned an average rating of “Sell” from the six analysts that are currently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a sell rating and two have issued a hold rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is $13.60.

A number of research analysts have weighed in on the stock. Compass Point assumed coverage on shares of Realogy in a research note on Thursday, January 24th. They issued a “neutral” rating and a $16.50 price target on the stock. Barclays cut their price target on shares of Realogy from $17.00 to $13.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 27th. Finally, JPMorgan Chase & Co. cut their price target on shares of Realogy to $14.00 and set an “underweight” rating on the stock in a research note on Tuesday, March 5th.

In other Realogy news, CEO Ryan M. Schneider acquired 119,300 shares of the business’s stock in a transaction dated Wednesday, May 8th. The shares were acquired at an average price of $8.38 per share, with a total value of $999,734.00. Following the completion of the transaction, the chief executive officer now directly owns 352,761 shares in the company, valued at approximately $2,956,137.18. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last three months, insiders bought 122,520 shares of company stock worth $1,032,327. 1.20% of the stock is currently owned by insiders.

Several hedge funds have recently made changes to their positions in the company. ARGA Investment Management LP raised its position in Realogy by 3.9% during the first quarter. ARGA Investment Management LP now owns 23,100 shares of the financial services provider’s stock worth $263,000 after acquiring an additional 875 shares in the last quarter. BOKF NA raised its position in Realogy by 2.8% during the fourth quarter. BOKF NA now owns 40,889 shares of the financial services provider’s stock worth $600,000 after acquiring an additional 1,123 shares in the last quarter. Nordea Investment Management AB raised its position in Realogy by 0.8% during the first quarter. Nordea Investment Management AB now owns 235,791 shares of the financial services provider’s stock worth $2,689,000 after acquiring an additional 1,986 shares in the last quarter. Gator Capital Management LLC raised its position in Realogy by 7.9% during the fourth quarter. Gator Capital Management LLC now owns 27,394 shares of the financial services provider’s stock worth $402,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Enlightenment Research LLC acquired a new position in shares of Realogy in the fourth quarter valued at $31,000.

NYSE RLGY traded down $0.21 during trading on Monday, reaching $7.60. 108,930 shares of the stock traded hands, compared to its average volume of 3,764,533. The stock has a market cap of $891.98 million, a P/E ratio of 5.07, a P/E/G ratio of 0.33 and a beta of 1.39. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.58 and a current ratio of 0.58. Realogy has a fifty-two week low of $7.81 and a fifty-two week high of $25.08.

Realogy (NYSE:RLGY) last issued its quarterly earnings data on Thursday, May 2nd. The financial services provider reported ($0.67) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of ($0.67). The firm had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Realogy had a net margin of 1.76% and a return on equity of 6.82%. The business’s revenue for the quarter was down 9.4% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.38) earnings per share. Analysts predict that Realogy will post 1.17 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 29th. Stockholders of record on Wednesday, May 15th will be given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 4.74%. The ex-dividend date is Tuesday, May 14th. Realogy’s dividend payout ratio is presently 24.00%.

Realogy announced that its Board of Directors has approved a share buyback program on Tuesday, February 26th that allows the company to repurchase $175.00 million in outstanding shares. This repurchase authorization allows the financial services provider to reacquire up to 8.1% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s leadership believes its stock is undervalued.

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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Analyst Recommendations for Realogy (NYSE:RLGY)

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