Zacks Investment Research upgraded shares of Realogy (NYSE:RLGY) from a strong sell rating to a hold rating in a report issued on Wednesday morning.

According to Zacks, “Realogy Holdings Corp. is a provider of real estate services. The Company through its subsidiaries provides real estate brokerage services, relocation services, and title and settlement services. The Company’s brands and business units include Better Homes and Gardens(R) Real Estate, CENTURY 21(R), Coldwell Banker(R), Coldwell Banker Commercial(R), The Corcoran Group(R), ERA(R), Sotheby’s International Realty(R), NRT LLC, Cartus and Title Resource Group. Realogy Holdings Corp. is headquartered in Parsippany, New Jersey. “

Several other equities analysts have also issued reports on RLGY. Keefe, Bruyette & Woods lowered shares of Realogy from an outperform rating to a market perform rating and set a $38.00 price target on the stock. in a report on Tuesday, October 10th. BidaskClub lowered shares of Realogy from a buy rating to a hold rating in a report on Friday, October 13th. Piper Jaffray Companies reaffirmed a buy rating and issued a $33.00 price target on shares of Realogy in a report on Friday, November 3rd. Citigroup cut their price target on shares of Realogy from $40.00 to $37.00 and set a buy rating on the stock in a report on Monday, November 6th. Finally, JPMorgan Chase & Co. cut their price target on shares of Realogy to $30.00 and set a neutral rating on the stock in a report on Wednesday, December 6th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company’s stock. Realogy presently has an average rating of Hold and an average price target of $34.78.

Realogy (RLGY) opened at $24.64 on Wednesday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.41. Realogy has a 1-year low of $23.97 and a 1-year high of $35.18. The stock has a market cap of $3,300.80, a price-to-earnings ratio of 14.75, a price-to-earnings-growth ratio of 0.68 and a beta of 1.30.

In related news, Director Duncan L. Niederauer acquired 5,000 shares of the stock in a transaction dated Monday, November 27th. The stock was acquired at an average cost of $26.47 per share, for a total transaction of $132,350.00. Following the completion of the purchase, the director now owns 25,141 shares of the company’s stock, valued at approximately $665,482.27. The purchase was disclosed in a document filed with the SEC, which is available through this link. Insiders own 1.80% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. APG Asset Management N.V. lifted its position in Realogy by 44.1% during the fourth quarter. APG Asset Management N.V. now owns 2,574,100 shares of the financial services provider’s stock valued at $56,807,000 after purchasing an additional 788,200 shares during the period. Old Mutual Global Investors UK Ltd. lifted its position in Realogy by 219.6% during the fourth quarter. Old Mutual Global Investors UK Ltd. now owns 2,412,869 shares of the financial services provider’s stock valued at $63,941,000 after purchasing an additional 1,657,925 shares during the period. Dimensional Fund Advisors LP lifted its position in Realogy by 9.2% during the third quarter. Dimensional Fund Advisors LP now owns 2,202,554 shares of the financial services provider’s stock valued at $72,578,000 after purchasing an additional 185,517 shares during the period. Schwab Charles Investment Management Inc. lifted its position in Realogy by 4.6% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,684,284 shares of the financial services provider’s stock valued at $44,711,000 after purchasing an additional 74,604 shares during the period. Finally, Sterling Capital Management LLC lifted its position in Realogy by 1.9% during the second quarter. Sterling Capital Management LLC now owns 1,584,105 shares of the financial services provider’s stock valued at $51,404,000 after purchasing an additional 28,789 shares during the period.

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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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