Xact Kapitalforvaltning AB purchased a new stake in RealPage (NASDAQ:RP) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 5,209 shares of the software maker’s stock, valued at approximately $231,000.

A number of other hedge funds also recently bought and sold shares of RP. New York State Common Retirement Fund increased its holdings in shares of RealPage by 3.0% in the 3rd quarter. New York State Common Retirement Fund now owns 64,700 shares of the software maker’s stock valued at $2,582,000 after acquiring an additional 1,900 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of RealPage by 30.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 334,825 shares of the software maker’s stock valued at $13,359,000 after acquiring an additional 77,444 shares during the last quarter. Legal & General Group Plc increased its holdings in shares of RealPage by 17.8% in the 3rd quarter. Legal & General Group Plc now owns 25,759 shares of the software maker’s stock valued at $1,031,000 after acquiring an additional 3,901 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of RealPage by 35.5% in the 3rd quarter. Wells Fargo & Company MN now owns 467,705 shares of the software maker’s stock valued at $18,662,000 after acquiring an additional 122,526 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of RealPage by 30.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 602,447 shares of the software maker’s stock valued at $24,038,000 after acquiring an additional 139,404 shares during the last quarter. 79.85% of the stock is currently owned by institutional investors.

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In other RealPage news, CFO W Bryan Hill sold 8,000 shares of RealPage stock in a transaction that occurred on Wednesday, April 4th. The stock was sold at an average price of $50.90, for a total value of $407,200.00. Following the transaction, the chief financial officer now directly owns 222,216 shares in the company, valued at approximately $11,310,794.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Seren Capital, Ltd. sold 174,432 shares of RealPage stock in a transaction that occurred on Thursday, March 29th. The shares were sold at an average price of $51.40, for a total value of $8,965,804.80. Following the completion of the transaction, the insider now owns 16,833,247 shares in the company, valued at $865,228,895.80. The disclosure for this sale can be found here. Insiders have sold a total of 1,800,546 shares of company stock worth $94,309,877 in the last 90 days. 30.31% of the stock is currently owned by company insiders.

RP has been the topic of a number of recent analyst reports. Royal Bank of Canada reiterated a “hold” rating on shares of RealPage in a report on Thursday, March 1st. BidaskClub upgraded RealPage from a “hold” rating to a “buy” rating in a research note on Thursday, January 11th. Morgan Stanley upgraded RealPage from an “equal weight” rating to an “overweight” rating and set a $48.00 price target on the stock in a research note on Tuesday, January 30th. TheStreet downgraded RealPage from a “b” rating to a “c+” rating in a research note on Wednesday, February 28th. Finally, Deutsche Bank raised their price target on RealPage to $60.00 in a research note on Wednesday, February 28th. One investment analyst has rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $54.00.

NASDAQ:RP opened at $53.80 on Tuesday. The company has a market cap of $4,395.65, a P/E ratio of 149.44 and a beta of 1.08. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.26. RealPage has a 52-week low of $32.30 and a 52-week high of $54.95.

RealPage (NASDAQ:RP) last released its quarterly earnings results on Tuesday, February 27th. The software maker reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.04). The firm had revenue of $188.39 million for the quarter, compared to analysts’ expectations of $186.46 million. RealPage had a return on equity of 8.97% and a net margin of 0.06%. research analysts expect that RealPage will post 0.97 EPS for the current fiscal year.

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RealPage Profile

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 for accounting, maintenance and work order management, marketing, spend management, portal services, and screening and payment solutions.

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Institutional Ownership by Quarter for RealPage (NASDAQ:RP)

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