Penserra Capital Management LLC Purchases 6,347 Shares of Anywhere Real Estate Inc. $HOUS

Penserra Capital Management LLC grew its position in Anywhere Real Estate Inc. (NYSE:HOUS) by 10.9% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 64,415 shares of the company’s stock after purchasing an additional 6,347 shares during the quarter. Penserra Capital Management LLC’s holdings in Anywhere Real Estate were worth $233,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Ballentine Partners LLC raised its holdings in Anywhere Real Estate by 25.5% in the 2nd quarter. Ballentine Partners LLC now owns 14,822 shares of the company’s stock worth $54,000 after acquiring an additional 3,014 shares during the last quarter. Bank of Montreal Can boosted its stake in Anywhere Real Estate by 4.4% during the 2nd quarter. Bank of Montreal Can now owns 132,191 shares of the company’s stock valued at $479,000 after purchasing an additional 5,630 shares during the last quarter. Federated Hermes Inc. increased its holdings in shares of Anywhere Real Estate by 14.9% in the 1st quarter. Federated Hermes Inc. now owns 73,885 shares of the company’s stock worth $246,000 after purchasing an additional 9,591 shares in the last quarter. May Hill Capital LLC purchased a new position in shares of Anywhere Real Estate in the second quarter worth $40,000. Finally, Avantax Advisory Services Inc. purchased a new position in shares of Anywhere Real Estate in the first quarter worth $43,000. Hedge funds and other institutional investors own 97.56% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on HOUS shares. Barclays increased their price objective on Anywhere Real Estate from $11.00 to $13.00 and gave the company an “equal weight” rating in a research report on Wednesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Anywhere Real Estate in a report on Wednesday, October 8th. Wall Street Zen lowered shares of Anywhere Real Estate from a “hold” rating to a “sell” rating in a research note on Saturday, August 2nd. Keefe, Bruyette & Woods boosted their price objective on shares of Anywhere Real Estate from $4.50 to $11.00 and gave the company a “market perform” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. upgraded shares of Anywhere Real Estate from an “underweight” rating to a “neutral” rating and set a $10.00 target price on the stock in a report on Monday, September 22nd. Three equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $11.25.

Anywhere Real Estate Trading Up 0.5%

Anywhere Real Estate stock opened at $12.69 on Thursday. Anywhere Real Estate Inc. has a 52-week low of $2.71 and a 52-week high of $12.93. The company has a market cap of $1.42 billion, a P/E ratio of -10.94 and a beta of 1.83. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 1.52. The business has a 50-day simple moving average of $9.55 and a two-hundred day simple moving average of $6.12.

About Anywhere Real Estate

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.