Vanguard Group Inc. increased its holdings in shares of RealPage, Inc. (NASDAQ:RP) by 3.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,609,197 shares of the software maker’s stock after purchasing an additional 172,131 shares during the quarter. Vanguard Group Inc. owned approximately 5.56% of RealPage worth $165,700,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of RP. Northern Trust Corp increased its position in RealPage by 9.9% during the second quarter. Northern Trust Corp now owns 813,935 shares of the software maker’s stock worth $29,261,000 after buying an additional 73,027 shares during the period. GSA Capital Partners LLP increased its position in RealPage by 270.4% during the second quarter. GSA Capital Partners LLP now owns 37,035 shares of the software maker’s stock worth $1,331,000 after buying an additional 27,035 shares during the period. UBS Asset Management Americas Inc. increased its position in RealPage by 5.4% during the second quarter. UBS Asset Management Americas Inc. now owns 29,679 shares of the software maker’s stock worth $1,067,000 after buying an additional 1,523 shares during the period. New York State Common Retirement Fund increased its position in RealPage by 9.1% during the second quarter. New York State Common Retirement Fund now owns 62,800 shares of the software maker’s stock worth $2,258,000 after buying an additional 5,214 shares during the period. Finally, Westfield Capital Management Co. LP increased its position in RealPage by 17.8% during the second quarter. Westfield Capital Management Co. LP now owns 805,363 shares of the software maker’s stock worth $28,953,000 after buying an additional 121,485 shares during the period. Hedge funds and other institutional investors own 70.49% of the company’s stock.

Several research analysts have commented on the company. Zacks Investment Research raised RealPage from a “sell” rating to a “hold” rating in a research report on Tuesday, September 5th. BidaskClub raised RealPage from a “hold” rating to a “buy” rating in a research report on Saturday, September 2nd. Royal Bank Of Canada reaffirmed a “hold” rating and set a $42.00 price target on shares of RealPage in a research report on Monday, September 11th. KeyCorp assumed coverage on RealPage in a research report on Thursday, September 7th. They set an “overweight” rating and a $50.00 price target on the stock. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a $45.00 price target (up previously from $42.00) on shares of RealPage in a research report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $41.29.

In other news, Chairman Stephen T. Winn sold 310,411 shares of the stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $40.20, for a total transaction of $12,478,522.20. Following the sale, the chairman now directly owns 3,050,264 shares in the company, valued at approximately $122,620,612.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Alfred R. Berkeley III sold 3,500 shares of the stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $40.30, for a total value of $141,050.00. Following the sale, the director now owns 45,038 shares in the company, valued at $1,815,031.40. The disclosure for this sale can be found here. Insiders have sold a total of 1,990,789 shares of company stock worth $80,339,434 over the last quarter. Insiders own 33.24% of the company’s stock.

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RealPage, Inc. (RP) opened at 41.55 on Friday. RealPage, Inc. has a 12-month low of $25.10 and a 12-month high of $43.65. The stock has a 50 day moving average price of $41.15 and a 200-day moving average price of $38.21. The firm has a market cap of $3.28 billion, a price-to-earnings ratio of 129.84 and a beta of 1.09.

RealPage (NASDAQ:RP) last announced its quarterly earnings results on Wednesday, August 2nd. The software maker reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. The business had revenue of $161.30 million for the quarter, compared to analysts’ expectations of $160.02 million. RealPage had a return on equity of 10.26% and a net margin of 4.25%. The business’s quarterly revenue was up 13.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.18 EPS. Equities analysts forecast that RealPage, Inc. will post $0.92 earnings per share for the current year.

RealPage Company Profile

RealPage, Inc is a provider of technology to the real estate industry, helping owners, managers and investors. The Company’s property management solutions are referred to as Enterprise Resource Planning systems. Its on demand platform provides a single point of access and a repository of real-time lease transaction data, including prospect, renter and property data.

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Institutional Ownership by Quarter for RealPage (NASDAQ:RP)

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