Quarry LP purchased a new stake in Anywhere Real Estate Inc. (NYSE:HOUS – Free Report) during the third quarter, HoldingsChannel.com reports. The fund purchased 5,070 shares of the company’s stock, valued at approximately $26,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Headlands Technologies LLC bought a new stake in shares of Anywhere Real Estate in the second quarter worth about $40,000. Townsquare Capital LLC purchased a new stake in shares of Anywhere Real Estate during the 3rd quarter worth approximately $52,000. Versor Investments LP bought a new position in shares of Anywhere Real Estate during the 2nd quarter valued at approximately $54,000. Nemes Rush Group LLC grew its holdings in shares of Anywhere Real Estate by 16.7% in the second quarter. Nemes Rush Group LLC now owns 17,500 shares of the company’s stock valued at $58,000 after purchasing an additional 2,500 shares in the last quarter. Finally, Ballentine Partners LLC bought a new stake in Anywhere Real Estate in the third quarter worth $62,000. Institutional investors own 97.56% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, Barclays increased their price objective on shares of Anywhere Real Estate from $3.50 to $4.00 and gave the company an “underweight” rating in a research report on Wednesday.
Anywhere Real Estate Price Performance
Shares of Anywhere Real Estate stock opened at $4.45 on Friday. The stock has a 50 day moving average price of $4.39 and a 200-day moving average price of $4.38. Anywhere Real Estate Inc. has a one year low of $3.01 and a one year high of $8.40. The stock has a market cap of $495.12 million, a price-to-earnings ratio of -2.87 and a beta of 2.31. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.36 and a current ratio of 0.36.
Anywhere Real Estate (NYSE:HOUS – Get Free Report) last announced its earnings results on Thursday, November 7th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.18). The firm had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Anywhere Real Estate had a negative net margin of 3.06% and a negative return on equity of 6.46%. The company’s revenue was down 3.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.15 EPS. Equities analysts expect that Anywhere Real Estate Inc. will post -0.7 EPS for the current year.
Anywhere Real Estate Profile
Anywhere Real Estate Inc, through its subsidiaries, provides residential real estate services in the United States and internationally. The company operates through three segments: Anywhere Brands, Anywhere Advisors, and Anywhere Integrated Services. The Anywhere Brands segment franchises the Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, and Sotheby's International Realty brand names.
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