Charles Schwab Investment Management Inc. Sells 211,983 Shares of Anywhere Real Estate Inc. (NYSE:HOUS)

Charles Schwab Investment Management Inc. lowered its holdings in shares of Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) by 14.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,295,896 shares of the company's stock after selling 211,983 shares during the period. Charles Schwab Investment Management Inc. owned about 1.16% of Anywhere Real Estate worth $6,583,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Headlands Technologies LLC acquired a new stake in shares of Anywhere Real Estate during the second quarter worth $40,000. Versor Investments LP acquired a new stake in Anywhere Real Estate in the second quarter worth $54,000. Nemes Rush Group LLC grew its holdings 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 purchasing an additional 2,500 shares during the period. Ballentine Partners LLC acquired a new stake in Anywhere Real Estate in the third quarter worth $62,000. Finally, Optas LLC acquired a new stake in Anywhere Real Estate in the second quarter worth $68,000. Institutional investors own 97.56% of the company's stock.

Wall Street Analysts Forecast Growth

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

Anywhere Real Estate Stock Down 1.3 %

NYSE:HOUS traded down $0.06 during trading hours on Thursday, reaching $4.48. The company had a trading volume of 211,200 shares, compared to its average volume of 1,326,309. The firm has a market cap of $498.45 million, a price-to-earnings ratio of -2.93 and a beta of 2.31. The business's 50-day simple moving average is $4.41 and its two-hundred day simple moving average is $4.38. Anywhere Real Estate Inc. has a twelve month low of $3.01 and a twelve month high of $8.40. 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 issued its quarterly earnings data on Thursday, November 7th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by ($0.18). The business had revenue of $1.54 billion for the quarter, compared to analyst estimates 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 firm's quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.15 earnings per share. On average, equities analysts expect that Anywhere Real Estate Inc. will post -0.7 earnings per share 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.