Zacks Investment Research downgraded shares of Realogy Holdings Corp. (NYSE:RLGY) from a hold rating to a sell rating in a report issued on Wednesday.

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. “

RLGY has been the subject of a number of other reports. Keefe, Bruyette & Woods reiterated a buy rating and issued a $38.00 price objective on shares of Realogy Holdings Corp. in a research note on Thursday, August 10th. Barclays PLC reiterated an underweight rating on shares of Realogy Holdings Corp. in a research note on Thursday, July 13th. BidaskClub upgraded shares of Realogy Holdings Corp. from a hold rating to a buy rating in a research note on Wednesday, August 9th. TheStreet upgraded shares of Realogy Holdings Corp. from a c+ rating to a b rating in a research note on Wednesday, August 9th. Finally, Piper Jaffray Companies reiterated a buy rating and issued a $40.00 price objective on shares of Realogy Holdings Corp. in a research note on Friday, August 4th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of $34.22.

Realogy Holdings Corp. (RLGY) traded down $0.27 during trading hours on Wednesday, hitting $26.34. 1,535,075 shares of the company were exchanged, compared to its average volume of 2,196,687. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.94 and a quick ratio of 0.83. The company has a market cap of $3,582.15, a PE ratio of 16.74, a PEG ratio of 0.87 and a beta of 1.38. Realogy Holdings Corp. has a 52 week low of $22.63 and a 52 week high of $35.18.

Realogy Holdings Corp. (NYSE:RLGY) last posted its quarterly earnings results on Friday, November 3rd. The financial services provider reported $0.70 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.10). Realogy Holdings Corp. had a return on equity of 9.08% and a net margin of 3.86%. The company had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.74 billion. During the same period last year, the firm posted $0.74 EPS. The company’s revenue for the quarter was up 1.8% compared to the same quarter last year. sell-side analysts anticipate that Realogy Holdings Corp. will post 1.53 EPS for the current year.

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The company also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, November 16th will be given a dividend of $0.09 per share. The ex-dividend date is Wednesday, November 15th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.37%. Realogy Holdings Corp.’s dividend payout ratio (DPR) is currently 21.56%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Legal & General Group Plc grew its position in shares of Realogy Holdings Corp. by 13.4% during the 3rd quarter. Legal & General Group Plc now owns 149,267 shares of the financial services provider’s stock valued at $4,922,000 after purchasing an additional 17,654 shares in the last quarter. Amundi Pioneer Asset Management Inc. grew its position in shares of Realogy Holdings Corp. by 271.3% during the 3rd quarter. Amundi Pioneer Asset Management Inc. now owns 894,419 shares of the financial services provider’s stock valued at $29,471,000 after purchasing an additional 653,561 shares in the last quarter. Financial Partners Capital Management LLC grew its position in shares of Realogy Holdings Corp. by 4.6% during the 3rd quarter. Financial Partners Capital Management LLC now owns 124,266 shares of the financial services provider’s stock valued at $4,095,000 after purchasing an additional 5,521 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Realogy Holdings Corp. by 144.6% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 28,153 shares of the financial services provider’s stock valued at $928,000 after purchasing an additional 16,644 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Realogy Holdings Corp. during the 3rd quarter valued at $1,074,000.

About Realogy Holdings Corp.

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 Holdings Corp. (NYSE:RLGY)

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