ExodusPoint Capital Management LP Trims Stake in Anywhere Real Estate Inc. (NYSE:HOUS)

ExodusPoint Capital Management LP cut its position in shares of Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) by 57.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 131,835 shares of the company's stock after selling 174,852 shares during the quarter. ExodusPoint Capital Management LP owned approximately 0.12% of Anywhere Real Estate worth $435,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Barclays PLC raised its stake in shares of Anywhere Real Estate by 725.7% during the 3rd quarter. Barclays PLC now owns 1,436,706 shares of the company's stock worth $7,297,000 after purchasing an additional 1,262,714 shares during the period. Franklin Resources Inc. increased its holdings in Anywhere Real Estate by 198.7% during the fourth quarter. Franklin Resources Inc. now owns 762,767 shares of the company's stock worth $2,517,000 after buying an additional 507,396 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Anywhere Real Estate in the fourth quarter worth about $543,000. JPMorgan Chase & Co. grew its position in shares of Anywhere Real Estate by 12.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,475,022 shares of the company's stock valued at $7,493,000 after acquiring an additional 159,364 shares during the period. Finally, FMR LLC raised its holdings in shares of Anywhere Real Estate by 32.1% in the 3rd quarter. FMR LLC now owns 612,697 shares of the company's stock worth $3,113,000 after purchasing an additional 148,938 shares during the period. 97.56% of the stock is owned by institutional investors.

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Wall Street Analyst Weigh In

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

Anywhere Real Estate Stock Performance

HOUS traded down $0.06 during trading hours on Tuesday, hitting $3.12. The stock had a trading volume of 734,791 shares, compared to its average volume of 1,351,789. Anywhere Real Estate Inc. has a 1 year low of $2.71 and a 1 year high of $5.95. The company's fifty day simple moving average is $3.51 and its 200 day simple moving average is $3.86. The stock has a market cap of $348.58 million, a PE ratio of -2.69 and a beta of 2.05. The company has a quick ratio of 0.36, a current ratio of 0.33 and a debt-to-equity ratio of 1.38.

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