RE/MAX Holdings, Inc. (RMAX) Position Boosted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its position in RE/MAX Holdings, Inc. (NYSE:RMAX) by 8.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 682,427 shares of the financial services provider’s stock after buying an additional 54,283 shares during the period. Dimensional Fund Advisors LP’s holdings in RE/MAX were worth $43,369,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Victory Capital Management Inc. lifted its holdings in RE/MAX by 17.5% in the second quarter. Victory Capital Management Inc. now owns 3,150 shares of the financial services provider’s stock valued at $177,000 after buying an additional 470 shares during the period. Piedmont Investment Advisors LLC acquired a new position in RE/MAX in the second quarter valued at $215,000. Crossmark Global Holdings Inc. acquired a new position in RE/MAX in the third quarter valued at $234,000. SG Americas Securities LLC lifted its holdings in RE/MAX by 119.9% in the second quarter. SG Americas Securities LLC now owns 4,774 shares of the financial services provider’s stock valued at $268,000 after buying an additional 2,603 shares during the period. Finally, Aperio Group LLC lifted its holdings in RE/MAX by 31.9% in the third quarter. Aperio Group LLC now owns 4,975 shares of the financial services provider’s stock valued at $316,000 after buying an additional 1,204 shares during the period.

Several equities analysts recently issued reports on RMAX shares. BidaskClub upgraded shares of RE/MAX from a “hold” rating to a “buy” rating in a report on Tuesday, September 26th. Piper Jaffray Companies started coverage on shares of RE/MAX in a report on Thursday, September 28th. They issued an “overweight” rating and a $69.00 target price on the stock. Zacks Investment Research lowered shares of RE/MAX from a “hold” rating to a “sell” rating in a report on Thursday, October 5th. JPMorgan Chase & Co. lowered shares of RE/MAX from a “neutral” rating to an “underweight” rating and set a $51.00 target price on the stock. in a report on Friday, December 15th. Finally, Compass Point upgraded shares of RE/MAX from a “sell” rating to a “neutral” rating in a report on Friday, December 22nd. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $61.43.

RE/MAX Holdings, Inc. (RMAX) opened at $48.30 on Wednesday. RE/MAX Holdings, Inc. has a fifty-two week low of $45.55 and a fifty-two week high of $67.50. The firm has a market cap of $853.88, a PE ratio of 36.87, a PEG ratio of 3.25 and a beta of 0.80. The company has a current ratio of 10.83, a quick ratio of 10.83 and a debt-to-equity ratio of 3.29.

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RE/MAX Profile

RE/MAX Holdings, Inc is a franchisor in the real estate industry, franchising real estate brokerages around the world under the RE/MAX brand and mortgage brokerages within the United States under the Motto Mortgage brand. The Company is a franchised business, with all of the RE/MAX branded brokerage office locations being operated by franchisees, including RE/MAX, LLC, which owns the RE/MAX brand, and sells franchises and franchising rights; Independent Regional Franchise Owner, which owns rights to sell brokerage franchises in a specified region; Franchisee (or Broker-Owner), which operates a RE/MAX-branded brokerage office, lists properties and recruits agents, and Agent (or Sales Associate), including branded independent contractors operating out of local franchise brokerage offices.

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Institutional Ownership by Quarter for RE/MAX (NYSE:RMAX)

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