Charles Schwab Investment Management Inc. Sells 216,249 Shares of Anywhere Real Estate Inc. (NYSE:HOUS)

Charles Schwab Investment Management Inc. trimmed its stake in Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) by 16.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,079,647 shares of the company's stock after selling 216,249 shares during the period. Charles Schwab Investment Management Inc. owned about 0.97% of Anywhere Real Estate worth $3,563,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of HOUS. Quarry LP bought a new stake in shares of Anywhere Real Estate in the 3rd quarter valued at $26,000. Mraz Amerine & Associates Inc. acquired a new position in Anywhere Real Estate in the fourth quarter valued at $33,000. Empirical Asset Management LLC bought a new stake in Anywhere Real Estate during the fourth quarter valued at $52,000. Townsquare Capital LLC acquired a new stake in Anywhere Real Estate during the 3rd quarter worth about $52,000. Finally, Virtu Financial LLC raised its position in shares of Anywhere Real Estate by 24.6% in the 3rd quarter. Virtu Financial LLC now owns 15,305 shares of the company's stock worth $78,000 after acquiring an additional 3,022 shares in the last quarter. 97.56% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Barclays decreased their target price on Anywhere Real Estate from $4.00 to $3.00 and set an "underweight" rating for the company in a research note on Thursday, January 16th.

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Anywhere Real Estate Trading Down 4.6 %

Shares of NYSE:HOUS traded down $0.17 during mid-day trading on Friday, hitting $3.47. The company had a trading volume of 877,919 shares, compared to its average volume of 1,345,731. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.33 and a quick ratio of 0.36. Anywhere Real Estate Inc. has a one year low of $2.71 and a one year high of $6.19. The firm has a fifty day moving average price of $3.63 and a 200 day moving average price of $4.06. The company has a market capitalization of $388.26 million, a PE ratio of -2.99 and a beta of 2.46.

Anywhere Real Estate (NYSE:HOUS - Get Free Report) last issued its earnings results on Thursday, February 13th. The company reported ($0.45) EPS for the quarter, missing analysts' consensus estimates of ($0.36) by ($0.09). Anywhere Real Estate had a negative net margin of 2.25% and a negative return on equity of 5.88%. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.28 billion. As a group, research analysts forecast that Anywhere Real Estate Inc. will post 0.05 EPS 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.