6,120 Shares in RealPage Inc (NASDAQ:RP) Purchased by Sciencast Management LP

Sciencast Management LP acquired a new stake in shares of RealPage Inc (NASDAQ:RP) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,120 shares of the software maker’s stock, valued at approximately $393,000.

Other hedge funds also recently modified their holdings of the company. Allred Capital Management LLC lifted its holdings in shares of RealPage by 43.7% in the 1st quarter. Allred Capital Management LLC now owns 589 shares of the software maker’s stock worth $31,000 after acquiring an additional 179 shares during the last quarter. Signaturefd LLC raised its position in RealPage by 1,495.3% in the 1st quarter. Signaturefd LLC now owns 686 shares of the software maker’s stock worth $36,000 after purchasing an additional 643 shares during the period. Quadrant Capital Group LLC raised its position in RealPage by 1,500.0% in the 4th quarter. Quadrant Capital Group LLC now owns 736 shares of the software maker’s stock worth $38,000 after purchasing an additional 690 shares during the period. Rockefeller Capital Management L.P. lifted its stake in RealPage by 570.7% in the first quarter. Rockefeller Capital Management L.P. now owns 986 shares of the software maker’s stock worth $52,000 after purchasing an additional 839 shares during the last quarter. Finally, CENTRAL TRUST Co purchased a new position in shares of RealPage during the second quarter valued at approximately $90,000. Institutional investors and hedge funds own 92.10% of the company’s stock.

In related news, CEO Stephen T. Winn sold 128,447 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $67.83, for a total transaction of $8,712,560.01. Following the completion of the transaction, the chief executive officer now directly owns 1,431,661 shares in the company, valued at approximately $97,109,565.63. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Stephen T. Winn sold 81,836 shares of RealPage stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $63.41, for a total value of $5,189,220.76. Following the completion of the transaction, the chief executive officer now directly owns 1,431,661 shares of the company’s stock, valued at $90,781,624.01. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 810,283 shares of company stock valued at $52,363,781. 13.91% of the stock is currently owned by insiders.

A number of equities research analysts recently issued reports on the company. Zacks Investment Research lowered RealPage from a “hold” rating to a “sell” rating in a research note on Tuesday, July 21st. BidaskClub downgraded RealPage from a “hold” rating to a “sell” rating in a research report on Saturday, July 25th. Robert W. Baird upped their price target on shares of RealPage from $74.00 to $75.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. Keefe, Bruyette & Woods raised their price target on shares of RealPage from $62.00 to $75.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Finally, BMO Capital Markets initiated coverage on shares of RealPage in a research report on Tuesday, June 23rd. They issued an “outperform” rating and a $80.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $73.40.

RealPage stock opened at $63.01 on Friday. RealPage Inc has a 52-week low of $36.91 and a 52-week high of $69.79. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $6.06 billion, a price-to-earnings ratio of 126.02 and a beta of 1.06. The company has a fifty day simple moving average of $65.61 and a 200-day simple moving average of $61.21.

RealPage (NASDAQ:RP) last released its quarterly earnings results on Thursday, July 30th. The software maker reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.08. The business had revenue of $285.61 million during the quarter, compared to analysts’ expectations of $278.59 million. RealPage had a return on equity of 10.47% and a net margin of 4.55%. On average, research analysts anticipate that RealPage Inc will post 1.23 EPS for the current fiscal year.

RealPage Profile

RealPage, Inc provides software and data analytics for the real estate industry in the United States. It offers OneSite, a property management solution for multi-family, affordable property, rural housing, military housing, senior and student living, and commercial property types; and Propertyware, an on demand property management system for single-family properties, and small and centrally managed multifamily properties.

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Institutional Ownership by Quarter for RealPage (NASDAQ:RP)

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