Realpage Inc (NASDAQ:RP) Institutional Investors Sentiment Change

November 15, 2017 - By Marguerite Chambers

 Realpage Inc (NASDAQ:RP) Institutional Investors Sentiment Change

Sentiment for Realpage Inc (NASDAQ:RP)

Realpage Inc (NASDAQ:RP) institutional sentiment increased to 1.84 in Q2 2017. Its up 0.59, from 1.25 in 2017Q1. The ratio has increased, as 112 funds increased or started new holdings, while 61 cut down and sold positions in Realpage Inc. The funds in our partner’s database now hold: 56.08 million shares, up from 52.28 million shares in 2017Q1. Also, the number of funds holding Realpage Inc in their top 10 holdings was flat from 3 to 3 for the same number . Sold All: 22 Reduced: 39 Increased: 77 New Position: 35.

RealPage, Inc. is a provider of technology to the real estate industry, helping owners, managers and investors. The company has market cap of $3.63 billion. The Company’s property management solutions are referred to as Enterprise Resource Planning systems. It has a 124.53 P/E ratio. The Company’s on demand platform provides a single point of access and a repository of real-time lease transaction data, including prospect, renter and property data.

It closed at $43.9 lastly. It is down 59.26% since November 15, 2016 and is uptrending. It has outperformed by 42.56% the S&P500.

Analysts expect RealPage Inc (NASDAQ:RP) to report $0.16 EPS on February, 26.They anticipate $0.02 EPS change or 14.29 % from last quarter’s $0.14 EPS. RP’s profit would be $13.22M giving it 67.89 P/E if the $0.16 EPS is correct. After having $0.13 EPS previously, RealPage Inc’s analysts see 23.08 % EPS growth.

Stockbridge Partners Llc holds 6.27% of its portfolio in RealPage Inc for 3.81 million shares. Shannon River Fund Management Llc owns 402,834 shares or 4.26% of their US portfolio. Moreover, Summit Creek Advisors Llc has 2% invested in the company for 270,052 shares. The Wisconsin-based Timpani Capital Management Llc has invested 1.51% in the stock. Disciplined Growth Investors Inc Mn, a Minnesota-based fund reported 1.89 million shares.#img1#

Since January 1, 0001, it had 0 buys, and 6 sales for $26.44 million activity.

RealPage Inc (NASDAQ:RP) Ratings Coverage

Ratings analysis reveals 83% of RealPage’s analysts are positive. Out of 6 Wall Street analysts rating RealPage, 5 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $33 while the high is $50. The stock’s average target of $45.20 is 2.96% above today’s ($43.9) share price. RP was included in 12 notes of analysts from June 8, 2016. William Blair upgraded RealPage Inc (NASDAQ:RP) on Wednesday, June 8 to “Outperform” rating. Benchmark maintained RealPage Inc (NASDAQ:RP) on Monday, November 14 with “Buy” rating. The rating was maintained by Stephens with “Buy” on Thursday, August 3. As per Monday, February 27, the company rating was maintained by Benchmark. The rating was maintained by RBC Capital Markets with “Hold” on Sunday, July 23. On Thursday, November 2 the stock rating was maintained by RBC Capital Markets with “Hold”. On Sunday, September 10 the stock rating was maintained by RBC Capital Markets with “Hold”. The rating was maintained by Deutsche Bank with “Buy” on Tuesday, July 18. Deutsche Bank maintained RealPage Inc (NASDAQ:RP) on Thursday, August 3 with “Buy” rating. Benchmark initiated the stock with “Buy” rating in Tuesday, June 28 report.

More news for RealPage Inc (NASDAQ:RP) were recently published by: Businesswire.com, which released: “RealPage Acquires UK-based PEX, Expanding International Presence” on October 23, 2017. Businesswire.com‘s article titled: “Civitas Senior Living Deploys RealPage Software to Streamline Business …” and published on November 07, 2017 is yet another important article.

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