Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Realogy Holdings Corp (NYSE:RLGY) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 53,811 shares of the financial services provider’s stock, valued at approximately $1,111,000.

A number of other institutional investors have also recently bought and sold shares of RLGY. Panagora Asset Management Inc. grew its stake in Realogy by 87.6% in the 3rd quarter. Panagora Asset Management Inc. now owns 6,638 shares of the financial services provider’s stock worth $137,000 after buying an additional 3,100 shares in the last quarter. Thompson Investment Management Inc. grew its stake in Realogy by 15.2% in the 3rd quarter. Thompson Investment Management Inc. now owns 23,700 shares of the financial services provider’s stock worth $489,000 after buying an additional 3,125 shares in the last quarter. United Services Automobile Association grew its stake in Realogy by 4.8% in the 2nd quarter. United Services Automobile Association now owns 73,458 shares of the financial services provider’s stock worth $1,675,000 after buying an additional 3,363 shares in the last quarter. Vident Investment Advisory LLC grew its stake in Realogy by 3.7% in the 2nd quarter. Vident Investment Advisory LLC now owns 102,844 shares of the financial services provider’s stock worth $2,345,000 after buying an additional 3,689 shares in the last quarter. Finally, Gator Capital Management LLC grew its stake in Realogy by 18.1% in the 3rd quarter. Gator Capital Management LLC now owns 25,394 shares of the financial services provider’s stock worth $524,000 after buying an additional 3,900 shares in the last quarter.

In other Realogy news, Director Michael J. Williams acquired 5,000 shares of the business’s stock in a transaction dated Friday, November 16th. The stock was bought at an average price of $16.94 per share, with a total value of $84,700.00. Following the purchase, the director now owns 49,455 shares of the company’s stock, valued at $837,767.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Duncan L. Niederauer acquired 10,000 shares of the business’s stock in a transaction dated Monday, November 12th. The stock was acquired at an average cost of $17.85 per share, with a total value of $178,500.00. Following the purchase, the director now directly owns 40,868 shares in the company, valued at approximately $729,493.80. The disclosure for this purchase can be found here. 0.78% of the stock is currently owned by corporate insiders.

A number of equities analysts have commented on the stock. Piper Jaffray Companies cut shares of Realogy from an “overweight” rating to a “neutral” rating and cut their price target for the stock from $32.00 to $19.00 in a research note on Monday, November 5th. Zacks Investment Research raised shares of Realogy from a “sell” rating to a “hold” rating in a research note on Tuesday, August 28th. Barclays set a $17.00 price target on shares of Realogy and gave the stock a “sell” rating in a research note on Monday, November 5th. Finally, Susquehanna Bancshares assumed coverage on shares of Realogy in a research note on Thursday, November 29th. They issued a “hold” rating and a $20.00 price target for the company. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $26.71.

Shares of Realogy stock opened at $17.36 on Friday. Realogy Holdings Corp has a 52-week low of $16.85 and a 52-week high of $28.07. The firm has a market capitalization of $2.05 billion, a PE ratio of 11.06, a price-to-earnings-growth ratio of 0.56 and a beta of 1.13. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.58 and a quick ratio of 0.58.

Realogy (NYSE:RLGY) last announced its quarterly earnings data on Friday, November 2nd. The financial services provider reported $0.84 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.91 by ($0.07). Realogy had a net margin of 6.71% and a return on equity of 8.74%. The business had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same period last year, the company posted $0.71 EPS. Realogy’s revenue for the quarter was up .1% on a year-over-year basis. As a group, equities research analysts forecast that Realogy Holdings Corp will post 1.56 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 29th. Stockholders of record on Thursday, November 15th were paid a $0.09 dividend. The ex-dividend date was Wednesday, November 14th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.07%. Realogy’s dividend payout ratio (DPR) is 22.93%.

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About Realogy

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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Institutional Ownership by Quarter for Realogy (NYSE:RLGY)

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