JPMorgan Chase & Co. Lowers Stock Holdings in Anywhere Real Estate Inc. (NYSE:HOUS)

JPMorgan Chase & Co. cut its holdings in shares of Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) by 41.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 856,607 shares of the company's stock after selling 618,415 shares during the period. JPMorgan Chase & Co. owned about 0.77% of Anywhere Real Estate worth $2,827,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Barclays PLC increased its holdings in 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. Raymond James Financial Inc. purchased a new stake in shares of Anywhere Real Estate during the fourth quarter worth approximately $543,000. Ieq Capital LLC purchased a new stake in shares of Anywhere Real Estate during the fourth quarter worth approximately $206,000. Nordea Investment Management AB raised its holdings in Anywhere Real Estate by 5.7% in the fourth quarter. Nordea Investment Management AB now owns 647,506 shares of the company's stock valued at $2,208,000 after acquiring an additional 34,709 shares in the last quarter. Finally, Riverbend Wealth Management LLC purchased a new position in Anywhere Real Estate in the fourth quarter worth approximately $109,000. Institutional investors and hedge funds own 97.56% of the company's stock.

Wall Street Analysts Forecast Growth

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

Anywhere Real Estate Trading Up 0.5 %

NYSE:HOUS opened at $2.90 on Wednesday. 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 Inc. has a 52-week low of $2.71 and a 52-week high of $5.95. The stock's 50 day moving average price is $3.45 and its 200 day moving average price is $3.78. The company has a market capitalization of $323.65 million, a PE ratio of -2.50 and a beta of 2.05.

Anywhere Real Estate (NYSE:HOUS - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported ($0.45) EPS for the quarter, missing the consensus estimate 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 business had revenue of $1.36 billion during the quarter, compared to analysts' expectations of $1.28 billion. On average, research analysts anticipate that Anywhere Real Estate Inc. will post 0.05 EPS for the current year.

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.

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