TD Asset Management Inc. grew its holdings in RealPage Inc (NASDAQ:RP) by 8.5% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 72,900 shares of the software maker’s stock after acquiring an additional 5,700 shares during the quarter. TD Asset Management Inc. owned about 0.08% of RealPage worth $4,290,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Janus Henderson Group PLC increased its holdings in shares of RealPage by 5.6% in the 2nd quarter. Janus Henderson Group PLC now owns 4,158,829 shares of the software maker’s stock valued at $244,747,000 after acquiring an additional 221,355 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of RealPage by 25.2% in the 1st quarter. American Century Companies Inc. now owns 3,441,416 shares of the software maker’s stock valued at $208,860,000 after acquiring an additional 692,342 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of RealPage by 14.4% in the 1st quarter. Principal Financial Group Inc. now owns 2,954,001 shares of the software maker’s stock valued at $179,278,000 after acquiring an additional 372,878 shares during the last quarter. Carillon Tower Advisers Inc. increased its holdings in shares of RealPage by 16.8% in the 1st quarter. Carillon Tower Advisers Inc. now owns 1,831,376 shares of the software maker’s stock valued at $111,146,000 after acquiring an additional 262,924 shares during the last quarter. Finally, King Luther Capital Management Corp increased its holdings in shares of RealPage by 16.6% in the 1st quarter. King Luther Capital Management Corp now owns 1,554,734 shares of the software maker’s stock valued at $94,357,000 after acquiring an additional 221,822 shares during the last quarter. Institutional investors and hedge funds own 90.33% of the company’s stock.

Shares of NASDAQ RP traded up $0.83 during trading hours on Wednesday, reaching $63.10. The stock had a trading volume of 24,748 shares, compared to its average volume of 721,678. The firm has a market cap of $5.84 billion, a price-to-earnings ratio of 57.36 and a beta of 1.31. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.35. RealPage Inc has a fifty-two week low of $42.90 and a fifty-two week high of $66.25. The firm has a 50-day moving average of $62.33 and a 200-day moving average of $60.75.

RealPage (NASDAQ:RP) last announced its earnings results on Thursday, August 1st. The software maker reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.14. RealPage had a return on equity of 9.86% and a net margin of 4.48%. The firm had revenue of $244.00 million during the quarter, compared to analysts’ expectations of $243.21 million. During the same period in the prior year, the firm earned $0.37 EPS. The business’s revenue was up 12.8% on a year-over-year basis. On average, equities analysts predict that RealPage Inc will post 1.25 EPS for the current year.

A number of analysts recently issued reports on the company. Zacks Investment Research cut RealPage from a “buy” rating to a “hold” rating in a research report on Wednesday, July 10th. ValuEngine raised RealPage from a “hold” rating to a “buy” rating in a research report on Thursday, August 15th. KeyCorp assumed coverage on RealPage in a research report on Tuesday, July 16th. They issued an “overweight” rating and a $76.00 target price for the company. Keefe, Bruyette & Woods assumed coverage on RealPage in a research report on Tuesday, July 9th. They issued an “outperform” rating and a $74.00 target price for the company. Finally, BidaskClub raised RealPage from a “hold” rating to a “buy” rating in a research report on Saturday, July 27th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $66.67.

In other RealPage news, major shareholder Seren Capital, Ltd. sold 150,000 shares of the stock in a transaction that occurred on Tuesday, June 4th. The stock was sold at an average price of $56.16, for a total transaction of $8,424,000.00. Following the completion of the sale, the insider now directly owns 9,737,573 shares of the company’s stock, valued at approximately $546,862,099.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Stephen T. Winn sold 200,000 shares of the stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $59.82, for a total value of $11,964,000.00. Following the sale, the chairman now directly owns 1,210,873 shares of the company’s stock, valued at $72,434,422.86. The disclosure for this sale can be found here. Insiders have sold a total of 680,465 shares of company stock valued at $39,529,415 over the last ninety days. 17.05% of the stock is owned by insiders.

About RealPage

RealPage, Inc provides software and data analytics for the real estate industry in the United States. It offers OneSite, a property management solution for multi-family, affordable property, rural housing, military housing, senior and student living, and commercial property types; and Propertyware, an on demand property management system for single-family properties, and small and centrally managed multifamily properties.

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Institutional Ownership by Quarter for RealPage (NASDAQ:RP)

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