Lakewood Capital Management LP Increases Stake in Realogy Hldgs Corp (RLGY)

June 14, 2018 - By Paula Hilliard

Realogy Holdings Corp. (NYSE:RLGY) LogoInvestors sentiment decreased to 0.82 in 2018 Q1. Its down 0.48, from 1.3 in 2017Q4. It is negative, as 33 investors sold RLGY shares while 79 reduced holdings. 29 funds opened positions while 63 raised stakes. 155.49 million shares or 4.36% more from 148.99 million shares in 2017Q4 were reported. 2,777 were reported by Amer International Group Inc Incorporated. Kerrisdale Advisers Llc holds 0.65% of its portfolio in Realogy Holdings Corp. (NYSE:RLGY) for 34,294 shares. Bokf Na, Oklahoma-based fund reported 65,223 shares. Jefferies Gru Limited Liability Co has invested 0% in Realogy Holdings Corp. (NYSE:RLGY). Glenview Cap Ltd accumulated 3.56M shares. Skyline Asset Mngmt Limited Partnership has 1.49% invested in Realogy Holdings Corp. (NYSE:RLGY). Envestnet Asset has invested 0% of its portfolio in Realogy Holdings Corp. (NYSE:RLGY). Dupont Mgmt Corp reported 0.02% stake. Armstrong Shaw Assoc Ct has 67,462 shares for 1.66% of their portfolio. Teacher Retirement Of Texas invested in 0.01% or 29,819 shares. Gator Capital Ltd Liability Corporation holds 13,494 shares or 0.36% of its portfolio. New York-based Sg Americas Secs Lc has invested 0.01% in Realogy Holdings Corp. (NYSE:RLGY). Okumus Fund Mgmt Limited reported 49.63% of its portfolio in Realogy Holdings Corp. (NYSE:RLGY). Principal Fincl Gp Inc accumulated 0% or 18,895 shares. 16,872 were reported by Hsbc Public Ltd Llc.

Anthony Bozza increased its stake in Realogy Hldgs Corp (RLGY) by 15.11% based on its latest 2018Q1 regulatory filing with the SEC. Lakewood Capital Management Lp bought 600,000 shares as the company’s stock declined 2.95% with the market. The hedge fund run by Anthony Bozza held 4.57 million shares of the real estate company at the end of 2018Q1, valued at $124.72 million, up from 3.97 million at the end of the previous reported quarter. Lakewood Capital Management Lp who had been investing in Realogy Hldgs Corp for a number of months, seems to be bullish on the $3.15 billion market cap company. The stock increased 2.90% or $0.7 during the last trading session, reaching $24.67. About 516,069 shares traded. Realogy Holdings Corp. (NYSE:RLGY) has declined 20.96% since June 14, 2017 and is downtrending. It has underperformed by 33.53% the S&P500.

Lakewood Capital Management Lp, which manages about $3.08B US Long portfolio, decreased its stake in Triple (NYSE:GTS) by 170,000 shares to 231,498 shares, valued at $6.05M in 2018Q1, according to the filing. It also reduced its holding in On Semiconductor Corp (ONNN) by 2.40 million shares in the quarter, leaving it with 2.30M shares, and cut its stake in Cit Group Inc (NYSE:CIT).

More news for Realogy Holdings Corp. (NYSE:RLGY) were recently published by: Prnewswire.com, which released: “Realogy Achieves “Great Place to Work” Certification” on June 04, 2018. Seekingalpha.com‘s article titled: “Existing home sales weaken in April” and published on May 24, 2018 is yet another important article.

Realogy Holdings Corp. (NYSE:RLGY) Ratings Coverage

Among 6 analysts covering Realogy Holdings (NYSE:RLGY), 2 have Buy rating, 3 Sell and 1 Hold. Therefore 33% are positive. Realogy Holdings had 8 analyst reports since December 15, 2017 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, December 21. Piper Jaffray maintained the stock with “Buy” rating in Tuesday, February 27 report. Barclays Capital maintained the stock with “Underweight” rating in Wednesday, February 28 report. The firm has “Sell” rating by J.P. Morgan given on Friday, December 15. The stock of Realogy Holdings Corp. (NYSE:RLGY) earned “Buy” rating by Citigroup on Friday, May 4. The company was maintained on Monday, January 29 by Piper Jaffray. Piper Jaffray maintained it with “Buy” rating and $36.0 target in Friday, December 22 report. The firm has “Underweight” rating given on Friday, December 15 by JP Morgan.

Realogy Holdings Corp. (NYSE:RLGY) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: