Connor Clark & Lunn Investment Management Ltd. Has $8.90 Million Stock Holdings in Anywhere Real Estate Inc. (NYSE:HOUS)

Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) by 565.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,751,445 shares of the company's stock after purchasing an additional 1,488,226 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned 1.57% of Anywhere Real Estate worth $8,897,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Headlands Technologies LLC bought a new stake in shares of Anywhere Real Estate during the 2nd quarter worth $40,000. Versor Investments LP bought a new stake in shares of Anywhere Real Estate during the 2nd quarter worth $54,000. Nemes Rush Group LLC boosted its stake in shares of Anywhere Real Estate by 16.7% during the 2nd quarter. Nemes Rush Group LLC now owns 17,500 shares of the company's stock worth $58,000 after acquiring an additional 2,500 shares in the last quarter. Ballentine Partners LLC bought a new stake in shares of Anywhere Real Estate during the 3rd quarter worth $62,000. Finally, Optas LLC bought a new stake in shares of Anywhere Real Estate during the 2nd quarter worth $68,000. 97.56% of the stock is currently owned by institutional investors and hedge funds.

Anywhere Real Estate Stock Up 5.3 %

Shares of Anywhere Real Estate stock traded up $0.23 during midday trading on Friday, hitting $4.59. The company's stock had a trading volume of 799,000 shares, compared to its average volume of 1,363,406. The firm has a market capitalization of $510.68 million, a P/E ratio of -2.80 and a beta of 2.31. The stock has a 50-day simple moving average of $4.58 and a 200-day simple moving average of $4.41. 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 Inc. has a 1-year low of $3.01 and a 1-year high of $8.40.

Anywhere Real Estate (NYSE:HOUS - Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.18). The business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.63 billion. Anywhere Real Estate had a negative return on equity of 6.46% and a negative net margin of 3.06%. The business's quarterly revenue was down 3.1% on a year-over-year basis. During the same period last year, the business earned $0.15 EPS. As a group, sell-side analysts expect that Anywhere Real Estate Inc. will post -0.52 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.