What’s Ahead for Realogy Holdings Corp After Today’s Bullish Options Activity?

 What's Ahead for Realogy Holdings Corp After Today's Bullish Options Activity?

In today’s session Realogy Holdings Corp (RLGY) registered an unusually high (3,489) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious RLGY increase. With 3,489 contracts traded and 8574 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: RLGY170120C00030000 closed last at: $0.35 or 0% . About 136,378 shares traded hands. Realogy Holdings Corp (NYSE:RLGY) has declined 27.17% since March 15, 2016 and is downtrending. It has underperformed by 32.66% the S&P500.

Analysts await Realogy Holdings Corp (NYSE:RLGY) to report earnings on November, 3. They expect $0.77 earnings per share, up 2.67% or $0.02 from last year’s $0.75 per share. RLGY’s profit will be $110.82M for 7.87 P/E if the $0.77 EPS becomes a reality. After $0.74 actual earnings per share reported by Realogy Holdings Corp for the previous quarter, Wall Street now forecasts 4.05% EPS growth.

Realogy Holdings Corp (NYSE:RLGY) Ratings Coverage

Out of 9 analysts covering Realogy Holdings Corporation (NYSE:RLGY), 4 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 44% are positive. $55 is the highest target while $28.50 is the lowest. The $40.56 average target is 67.26% above today’s ($24.25) stock price. Realogy Holdings Corporation has been the topic of 19 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating by Compass Point given on Tuesday, January 5. On Tuesday, March 15 the stock rating was maintained by JP Morgan with “Neutral”. The company was maintained on Wednesday, October 28 by Compass Point. Piper Jaffray maintained it with “Overweight” rating and $55 target price in Monday, November 2 report. The stock has “Neutral” rating given by Credit Suisse on Wednesday, January 6. The stock has “Buy” rating given by Citigroup on Monday, August 22. The company was upgraded on Friday, October 2 by Citigroup. Citigroup maintained it with “Buy” rating and $47 target price in Thursday, June 2 report. The rating was maintained by Compass Point with “Buy” on Friday, August 5. The stock has “Neutral” rating given by Wedbush on Thursday, October 6.

According to Zacks Investment Research, “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.”

Insitutional Activity: The institutional sentiment decreased to 1.03 in 2016 Q2. Its down 0.09, from 1.12 in 2016Q1. The ratio dived, as 38 funds sold all Realogy Holdings Corp shares owned while 82 reduced positions. 34 funds bought stakes while 89 increased positions. They now own 140.84 million shares or 0.53% less from 141.58 million shares in 2016Q1.
Ladenburg Thalmann Financial Serv holds 427 shares or 0% of its portfolio. Millennium Management Llc holds 2.04M shares or 0.14% of its portfolio. Credit Agricole S A holds 0.01% of its portfolio in Realogy Holdings Corp (NYSE:RLGY) for 115,441 shares. Jacobs Levy Equity Management holds 0.01% or 8,940 shares in its portfolio. Glenmede Na holds 0% or 54 shares in its portfolio. The New York-based Riverpark Advsr Ltd Llc has invested 4.51% in Realogy Holdings Corp (NYSE:RLGY). Tower Capital Limited Liability (Trc) last reported 0.01% of its portfolio in the stock. Cubist Systematic Strategies Llc holds 0.06% or 33,496 shares in its portfolio. Nordea Inv Mngmt holds 2,305 shares or 0% of its portfolio. Pictet Asset Mgmt Ltd last reported 0.01% of its portfolio in the stock. Dekabank Deutsche Girozentrale last reported 4,188 shares in the company. Envestnet Asset holds 0% of its portfolio in Realogy Holdings Corp (NYSE:RLGY) for 2,343 shares. Alliancebernstein L P accumulated 0% or 112,551 shares. Kcg last reported 42,596 shares in the company. Rbf Capital Lc has 0.47% invested in the company for 81,700 shares.

Insider Transactions: Since May 11, 2016, the stock had 1 buying transaction, and 0 selling transactions for $76,775 net activity. $76,775 worth of Realogy Holdings Corp (NYSE:RLGY) was bought by WILLIAMS MICHAEL J.

Realogy Holdings Corp. is an integrated well-known provider of residential real estate services in the United States. The company has a market cap of $3.49 billion. The Firm is the franchisor of residential real estate brokerages with some brands in the real estate industry; owner of the United States residential real estate brokerage offices; well-known provider of outsourced employee relocation services, and a well-known provider of title and settlement services. It has a 21.15 P/E ratio. The Firm has four operating divisions: Real Estate Franchise Services , Company Owned Real Estate Brokerage Services (NRT), Relocation Services (Cartus), and Title and Settlement Services (TRG).

RLGY Company Profile

Realogy Holdings Corp., incorporated on December 14, 2006, is an integrated well-known provider of residential real estate services in the United States. The Firm is the franchisor of residential real estate brokerages with some brands in the real estate industry; owner of the United States residential real estate brokerage offices; well-known provider of outsourced employee relocation services, and a well-known provider of title and settlement services. The Firm has four operating divisions: Real Estate Franchise Services (RFG), Company Owned Real Estate Brokerage Services (NRT), Relocation Services (Cartus), and Title and Settlement Services (TRG).

More important recent Realogy Holdings Corp (NYSE:RLGY) news were published by: Prnewswire.com which released: “Realogy To Release Third Quarter 2016 Financial Results And Host Webcast On …” on October 13, 2016, also Forbes.com published article titled: “Relative Strength Alert For Realogy Holdings”, Prnewswire.com published: “Realogy Franchise Group Appoints Carter Murdoch as Senior Vice President of …” on July 13, 2016. More interesting news about Realogy Holdings Corp (NYSE:RLGY) was released by: Therealdeal.com and their article: “Realogy weathers “challenging” Q2, vows to fight rivals’ rampant agent poaching” with publication date: August 04, 2016.

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