Fmr LLC Raises Stock Position in Anywhere Real Estate Inc. (NYSE:HOUS)

FMR LLC raised its holdings in shares of Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) by 32.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 612,697 shares of the company's stock after buying an additional 148,938 shares during the period. FMR LLC owned about 0.55% of Anywhere Real Estate worth $3,113,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in HOUS. Headlands Technologies LLC bought a new position in shares of Anywhere Real Estate during the second quarter valued at about $40,000. Ballentine Partners LLC bought a new position in Anywhere Real Estate in the third quarter worth about $62,000. Versor Investments LP bought a new position in Anywhere Real Estate in the second quarter worth about $54,000. Nemes Rush Group LLC raised its stake in Anywhere Real Estate by 16.7% in the second quarter. Nemes Rush Group LLC now owns 17,500 shares of the company's stock worth $58,000 after buying an additional 2,500 shares in the last quarter. Finally, First Trust Direct Indexing L.P. raised its stake in Anywhere Real Estate by 86.4% in the third quarter. First Trust Direct Indexing L.P. now owns 19,146 shares of the company's stock worth $97,000 after buying an additional 8,877 shares in the last quarter. 97.56% of the stock is currently owned by hedge funds and other institutional investors.

Anywhere Real Estate Stock Down 4.5 %

Shares of NYSE HOUS traded down $0.20 on Friday, reaching $4.25. 676,665 shares of the company's stock traded hands, compared to its average volume of 1,324,192. Anywhere Real Estate Inc. has a 12 month low of $3.01 and a 12 month high of $8.40. The business's 50 day simple moving average is $4.37 and its two-hundred day simple moving average is $4.37. The company has a market cap of $472.86 million, a price-to-earnings ratio of -2.74 and a beta of 2.32. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 1.34.

Anywhere Real Estate (NYSE:HOUS - Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.23 by ($0.18). Anywhere Real Estate had a negative net margin of 3.06% and a negative return on equity of 6.46%. The firm had revenue of $1.54 billion for the quarter, compared to analysts' expectations of $1.63 billion. During the same quarter in the previous year, the company earned $0.15 EPS. The company's quarterly revenue was down 3.1% compared to the same quarter last year. As a group, equities research analysts forecast that Anywhere Real Estate Inc. will post -0.7 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Barclays increased their price target on shares of Anywhere Real Estate from $3.50 to $4.00 and gave the stock an "underweight" rating in a research note on Wednesday.

Anywhere Real Estate Company 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.