Mutual Advisors LLC Buys Shares of 109,050 Anywhere Real Estate Inc. $HOUS

Mutual Advisors LLC purchased a new stake in shares of Anywhere Real Estate Inc. (NYSE:HOUS) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 109,050 shares of the company’s stock, valued at approximately $1,104,000.

Several other hedge funds have also bought and sold shares of HOUS. Intech Investment Management LLC lifted its position in shares of Anywhere Real Estate by 30.0% in the second quarter. Intech Investment Management LLC now owns 83,499 shares of the company’s stock worth $302,000 after buying an additional 19,256 shares in the last quarter. Calamos Advisors LLC bought a new stake in Anywhere Real Estate in the third quarter worth $3,379,000. Transcend Capital Advisors LLC raised its stake in Anywhere Real Estate by 18.7% during the second quarter. Transcend Capital Advisors LLC now owns 199,812 shares of the company’s stock valued at $723,000 after purchasing an additional 31,435 shares in the last quarter. Centerbridge Partners L.P. bought a new position in Anywhere Real Estate during the second quarter valued at $1,956,000. Finally, CenterBook Partners LP purchased a new position in shares of Anywhere Real Estate in the 2nd quarter worth $3,067,000. Institutional investors own 97.56% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Anywhere Real Estate in a research report on Wednesday, October 8th. Keefe, Bruyette & Woods upped their price objective on Anywhere Real Estate from $11.00 to $13.00 and gave the company a “market perform” rating in a research report on Thursday, December 18th. Finally, Barclays boosted their target price on Anywhere Real Estate from $13.00 to $19.00 and gave the company an “equal weight” rating in a research report on Monday, December 8th. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $13.25.

Anywhere Real Estate Price Performance

Shares of HOUS stock opened at $18.26 on Thursday. The stock has a 50 day moving average price of $15.94 and a 200 day moving average price of $11.07. Anywhere Real Estate Inc. has a 52-week low of $2.71 and a 52-week high of $18.03. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.46 and a current ratio of 0.46. The firm has a market capitalization of $2.05 billion, a P/E ratio of -15.74 and a beta of 1.87.

Anywhere Real Estate (NYSE:HOUS) last released its earnings results on Tuesday, November 4th. The company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.30). The business had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.53 billion. Anywhere Real Estate had a negative return on equity of 5.04% and a negative net margin of 2.18%.The business’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.06 EPS. As a group, sell-side analysts predict that Anywhere Real Estate Inc. will post 0.05 earnings per share for the current year.

Anywhere Real Estate Profile

Anywhere Real Estate Inc is a leading global residential real estate services company that provides brokerage, relocation, rental, title and settlement services across multiple markets. Through a combination of company-owned brokerage operations, franchise networks and complementary service offerings, the company supports home buyers, sellers, renters and real estate professionals throughout the entire transaction lifecycle.

The company’s portfolio encompasses well-known brands such as Coldwell Banker, Century 21, Sotheby’s International Realty, Better Homes and Gardens Real Estate, ERA, Climb Real Estate and Realogy Franchise Group.