RealPage Inc (NASDAQ:RP) CFO W Bryan Hill sold 8,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 10th. The shares were sold at an average price of $46.90, for a total value of $375,200.00. Following the completion of the sale, the chief financial officer now owns 174,475 shares in the company, valued at $8,182,877.50. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
W Bryan Hill also recently made the following trade(s):
- On Wednesday, December 13th, W Bryan Hill sold 8,000 shares of RealPage stock. The shares were sold at an average price of $44.36, for a total value of $354,880.00.
- On Wednesday, November 29th, W Bryan Hill sold 8,000 shares of RealPage stock. The shares were sold at an average price of $45.69, for a total value of $365,520.00.
RealPage Inc (NASDAQ RP) traded up $0.65 during midday trading on Friday, reaching $48.45. The company had a trading volume of 382,796 shares, compared to its average volume of 399,336. The company has a market cap of $3,961.64, a price-to-earnings ratio of 86.91 and a beta of 1.09. RealPage Inc has a 1-year low of $28.00 and a 1-year high of $48.60. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.06 and a current ratio of 1.06.
RealPage (NASDAQ:RP) last released its quarterly earnings results on Thursday, November 2nd. The software maker reported $0.22 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.22. The business had revenue of $169.76 million for the quarter, compared to analyst estimates of $170.73 million. RealPage had a return on equity of 9.51% and a net margin of 4.52%. RealPage’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.20 EPS. research analysts anticipate that RealPage Inc will post 0.57 earnings per share for the current year.
RP has been the topic of several analyst reports. BidaskClub upgraded RealPage from a “hold” rating to a “buy” rating in a research note on Thursday. Zacks Investment Research upgraded RealPage from a “sell” rating to a “hold” rating in a research note on Tuesday, September 19th. Stephens increased their price target on RealPage from $50.00 to $54.00 and gave the stock an “overweight” rating in a research report on Friday, December 29th. Finally, Morgan Stanley assumed coverage on RealPage in a research report on Monday, November 20th. They set an “equal weight” rating and a $48.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. RealPage has an average rating of “Buy” and an average price target of $48.13.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RP. Vanguard Group Inc. boosted its position in RealPage by 3.9% in the 2nd quarter. Vanguard Group Inc. now owns 4,609,197 shares of the software maker’s stock valued at $165,700,000 after buying an additional 172,131 shares during the last quarter. Stockbridge Partners LLC boosted its position in RealPage by 26.2% in the 2nd quarter. Stockbridge Partners LLC now owns 3,806,256 shares of the software maker’s stock valued at $136,835,000 after buying an additional 790,297 shares during the last quarter. BlackRock Inc. boosted its position in RealPage by 4.8% in the 2nd quarter. BlackRock Inc. now owns 3,550,911 shares of the software maker’s stock valued at $127,656,000 after buying an additional 163,752 shares during the last quarter. Janus Henderson Group PLC boosted its position in RealPage by 6.5% in the 3rd quarter. Janus Henderson Group PLC now owns 3,194,363 shares of the software maker’s stock valued at $127,455,000 after buying an additional 195,891 shares during the last quarter. Finally, Eagle Asset Management Inc. boosted its position in RealPage by 2.6% in the 3rd quarter. Eagle Asset Management Inc. now owns 2,505,949 shares of the software maker’s stock valued at $101,365,000 after buying an additional 63,354 shares during the last quarter. Institutional investors and hedge funds own 73.58% of the company’s stock.
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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