Can analysts adopt a bullish outlook for RealPage, Inc. (NASDAQ:RP)?

January 16, 2018 - By Ellis Scott

 Can analysts adopt a bullish outlook for RealPage, Inc. (NASDAQ:RP)?
Investors sentiment decreased to 1.08 in 2017 Q3. Its down 0.76, from 1.84 in 2017Q2. It fall, as 13 investors sold RealPage, Inc. shares while 70 reduced holdings. 34 funds opened positions while 56 raised stakes. 58.06 million shares or 3.53% more from 56.08 million shares in 2017Q2 were reported.
Rhumbline Advisers holds 0.01% of its portfolio in RealPage, Inc. (NASDAQ:RP) for 67,328 shares. Kornitzer Mngmt Ks owns 80,140 shares or 0.06% of their US portfolio. Timessquare Capital Mgmt Lc accumulated 0.05% or 189,910 shares. Jane Street Group Limited Liability Company reported 68,422 shares or 0.01% of all its holdings. The New Jersey-based State Of New Jersey Common Pension Fund D has invested 0.05% in RealPage, Inc. (NASDAQ:RP). Financial Bank Of Montreal Can reported 0% stake. Martingale Asset Mgmt L P reported 7,200 shares or 0% of all its holdings. Ubs Asset Management Americas invested in 32,549 shares. Timpani Cap Management Ltd Liability holds 1.91% or 131,523 shares. The Connecticut-based Paloma Prtn Mgmt has invested 0% in RealPage, Inc. (NASDAQ:RP). Susquehanna Int Gru Llp reported 18,435 shares. Panagora Asset Incorporated reported 389,024 shares. Fifth Third National Bank & Trust holds 0.02% or 60,444 shares in its portfolio. Strs Ohio holds 17,100 shares. Calamos Limited Liability Company accumulated 252,368 shares or 0.08% of the stock.

Since August 8, 2017, it had 0 buys, and 30 insider sales for $96.25 million activity. On Wednesday, December 13 Chaney William P sold $400,680 worth of RealPage, Inc. (NASDAQ:RP) or 9,000 shares. On Friday, December 8 Monk David G sold $112,750 worth of RealPage, Inc. (NASDAQ:RP) or 2,500 shares. The insider Blount Andrew sold $697,725. 153,154 RealPage, Inc. (NASDAQ:RP) shares with value of $6.12 million were sold by Seren Capital – Ltd.. $330,880 worth of RealPage, Inc. (NASDAQ:RP) was sold by HILL W BRYAN. Shares for $586,882 were sold by Glover Ashley Chaffin.

RealPage, Inc. (NASDAQ:RP) Ratings Coverage

Among 7 analysts covering RealPage (NASDAQ:RP), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. RealPage had 15 analyst reports since June 8, 2016 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, August 3 by Stephens. The company was maintained on Sunday, July 23 by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Thursday, November 2 with “Hold”. Deutsche Bank maintained it with “Buy” rating and $42 target in Tuesday, July 18 report. On Monday, February 27 the stock rating was maintained by Benchmark with “Buy”. The firm has “Hold” rating by RBC Capital Markets given on Sunday, September 10. The stock has “Buy” rating by KeyBanc Capital Markets on Tuesday, December 19. The stock of RealPage, Inc. (NASDAQ:RP) earned “Hold” rating by RBC Capital Markets on Monday, June 19. The firm has “Buy” rating by Stephens given on Friday, December 29. Benchmark initiated RealPage, Inc. (NASDAQ:RP) on Tuesday, June 28 with “Buy” rating. Below is a list of RealPage, Inc. (NASDAQ:RP) latest ratings and price target changes.

29/12/2017 Broker: Stephens Rating: Buy New Target: $54.0 Maintain
19/12/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $53.0 Maintain
20/11/2017 Broker: Morgan Stanley Rating: Equal-Weight New Target: $48 Initiates Coverage On
02/11/2017 Broker: RBC Capital Markets Rating: Hold New Target: $46.0 Maintain
10/09/2017 Broker: RBC Capital Markets Rating: Hold New Target: $42.0 Maintain
08/09/2017 Broker: KeyBanc Capital Markets Rating: Overweight New Target: $50 Initiates Coverage On
03/08/2017 Broker: Stephens Rating: Buy New Target: $47.0000 Maintain
03/08/2017 Broker: Deutsche Bank Rating: Buy Old Target: $42 New Target: $45 Maintain
23/07/2017 Broker: RBC Capital Markets Rating: Hold New Target: $38.0000 Maintain
18/07/2017 Broker: Deutsche Bank Rating: Buy Old Target: $40 New Target: $42 Maintain

The stock increased 0.41% or $0.2 during the last trading session, reaching $48.65. About 259,611 shares traded. RealPage, Inc. (NASDAQ:RP) has risen 59.26% since January 16, 2017 and is uptrending. It has outperformed by 42.56% the S&P500.

RealPage, Inc. provides software and data analytics for the real estate industry in the United States. The company has market cap of $4.03 billion. 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 for accounting, maintenance and work order management, marketing, spend management, portal services, and screening and payment solutions. It has a 139.4 P/E ratio. The firm also provides Kigo, a vacation rental property management system; spend management solutions for property owners and managers; The RealPage Cloud, an application infrastructure to outsource portions of the information technology operations; SmartSource that provides back-office accounting, and IT management and support services; and EasyLMS, a learning management system for property management professionals and their staff.

Another recent and important RealPage, Inc. (NASDAQ:RP) news was published by Gurufocus.com which published an article titled: “Realpage Inc (RP) Chairman President & CEO Stephen T Winn Sold $9.2 million of …” on January 06, 2018.

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.