Cubist Systematic Strategies LLC Grows Position in Anywhere Real Estate Inc. (NYSE:HOUS)

Cubist Systematic Strategies LLC grew its position in Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) by 441.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 899,722 shares of the company's stock after buying an additional 733,462 shares during the period. Cubist Systematic Strategies LLC owned 0.81% of Anywhere Real Estate worth $2,978,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in HOUS. Headlands Technologies LLC acquired a new stake in shares of Anywhere Real Estate in the 2nd quarter valued at $40,000. Versor Investments LP acquired a new stake in shares of Anywhere Real Estate in the 2nd quarter valued at $54,000. Allegheny Financial Group LTD acquired a new stake in shares of Anywhere Real Estate in the 1st quarter valued at $67,000. Optas LLC acquired a new stake in shares of Anywhere Real Estate in the 2nd quarter valued at $68,000. Finally, Allspring Global Investments Holdings LLC acquired a new stake in shares of Anywhere Real Estate in the 1st quarter valued at $72,000. Hedge funds and other institutional investors own 97.56% of the company's stock.

Analysts Set New Price Targets

Separately, Barclays dropped their target price on shares of Anywhere Real Estate from $4.50 to $3.50 and set an "underweight" rating on the stock in a research report on Friday, July 12th.

Anywhere Real Estate Stock Down 0.6 %

Shares of NYSE HOUS traded down $0.03 during mid-day trading on Monday, reaching $5.08. The company had a trading volume of 919,522 shares, compared to its average volume of 1,421,110. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 1.37. The firm has a 50 day simple moving average of $4.87 and a two-hundred day simple moving average of $4.71. The stock has a market cap of $564.42 million, a P/E ratio of -9.07 and a beta of 2.30. Anywhere Real Estate Inc. has a 52-week low of $3.01 and a 52-week high of $8.40.

Anywhere Real Estate (NYSE:HOUS - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.03. Anywhere Real Estate had a negative net margin of 0.87% and a negative return on equity of 5.65%. The company had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.70 billion. During the same period last year, the firm posted $0.24 EPS. Anywhere Real Estate's revenue for the quarter was down .1% on a year-over-year basis. Sell-side analysts predict that Anywhere Real Estate Inc. will post -0.55 earnings per share for the current year.

About Anywhere Real Estate

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.