Prudential Financial Inc. Purchases 46,064 Shares of Anywhere Real Estate Inc. $HOUS

Prudential Financial Inc. increased its holdings in shares of Anywhere Real Estate Inc. (NYSE:HOUS) by 15.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 340,163 shares of the company’s stock after acquiring an additional 46,064 shares during the period. Prudential Financial Inc. owned about 0.30% of Anywhere Real Estate worth $1,231,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Rhumbline Advisers boosted its stake in Anywhere Real Estate by 5.1% in the second quarter. Rhumbline Advisers now owns 180,078 shares of the company’s stock worth $652,000 after purchasing an additional 8,763 shares in the last quarter. CenterBook Partners LP bought a new position in shares of Anywhere Real Estate in the second quarter valued at about $3,067,000. Franklin Resources Inc. lifted its position in Anywhere Real Estate by 2.8% during the 2nd quarter. Franklin Resources Inc. now owns 768,671 shares of the company’s stock worth $2,783,000 after buying an additional 20,923 shares in the last quarter. Dynamic Technology Lab Private Ltd grew its holdings in Anywhere Real Estate by 493.8% during the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 151,384 shares of the company’s stock worth $548,000 after acquiring an additional 125,890 shares during the last quarter. Finally, Intech Investment Management LLC increased its position in Anywhere Real Estate by 30.0% in the 2nd quarter. Intech Investment Management LLC now owns 83,499 shares of the company’s stock valued at $302,000 after acquiring an additional 19,256 shares in the last quarter. Institutional investors own 97.56% of the company’s stock.

Anywhere Real Estate Trading Down 0.6%

Shares of NYSE:HOUS opened at $14.10 on Friday. The company’s 50-day moving average price is $11.51 and its two-hundred day moving average price is $7.31. Anywhere Real Estate Inc. has a one year low of $2.71 and a one year high of $14.93. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.46 and a quick ratio of 0.46. The stock has a market capitalization of $1.58 billion, a PE ratio of -12.16 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 (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.30). Anywhere Real Estate had a negative net margin of 2.18% and a negative return on equity of 5.04%. The company had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.53 billion. During the same period in the prior year, the firm posted $0.06 EPS. Anywhere Real Estate’s revenue was up 5.9% compared to the same quarter last year. On average, equities analysts forecast that Anywhere Real Estate Inc. will post 0.05 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently commented on HOUS. Barclays increased their price target on shares of Anywhere Real Estate from $11.00 to $13.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 12th. Compass Point set a $11.00 target price on Anywhere Real Estate in a research note on Tuesday, September 23rd. Weiss Ratings restated a “sell (d-)” rating on shares of Anywhere Real Estate in a research report on Wednesday, October 8th. Keefe, Bruyette & Woods raised their price target on Anywhere Real Estate from $4.50 to $11.00 and gave the company a “market perform” rating in a report on Tuesday, November 11th. Finally, JPMorgan Chase & Co. upgraded shares of Anywhere Real Estate from an “underweight” rating to a “neutral” rating and set a $10.00 price target for the company in a research report on Monday, September 22nd. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Anywhere Real Estate currently has a consensus rating of “Reduce” and a consensus price target of $11.25.

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.