Vanguard Group Inc. Cuts Stake in Anywhere Real Estate Inc. (NYSE:HOUS)

Vanguard Group Inc. reduced its position in Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) by 2.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,029,941 shares of the company's stock after selling 238,306 shares during the period. Vanguard Group Inc. owned approximately 9.01% of Anywhere Real Estate worth $33,099,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. KLP Kapitalforvaltning AS purchased a new stake in shares of Anywhere Real Estate in the fourth quarter worth $73,000. AXQ Capital LP bought a new stake in shares of Anywhere Real Estate in the 4th quarter valued at approximately $49,000. American Century Companies Inc. boosted its stake in Anywhere Real Estate by 8.4% during the fourth quarter. American Century Companies Inc. now owns 165,402 shares of the company's stock worth $546,000 after buying an additional 12,753 shares during the period. Virtu Financial LLC grew its holdings in Anywhere Real Estate by 71.2% during the 4th quarter. Virtu Financial LLC now owns 26,200 shares of the company's stock valued at $86,000 after purchasing an additional 10,895 shares during the last quarter. Finally, Intech Investment Management LLC raised its holdings in shares of Anywhere Real Estate by 27.6% in the fourth quarter. Intech Investment Management LLC now owns 58,541 shares of the company's stock worth $193,000 after buying an additional 12,677 shares during the period. Hedge funds and other institutional investors own 97.56% of the company's stock.

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Analyst Upgrades and Downgrades

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

Anywhere Real Estate Stock Down 1.9 %

Shares of HOUS stock traded down $0.06 during trading hours on Tuesday, reaching $3.12. 734,791 shares of the company's stock were exchanged, compared to its average volume of 1,351,789. The company has a current ratio of 0.33, a quick ratio of 0.36 and a debt-to-equity ratio of 1.38. Anywhere Real Estate Inc. has a 1 year low of $2.71 and a 1 year high of $5.95. The stock has a market cap of $348.58 million, a PE ratio of -2.69 and a beta of 2.05. The stock's fifty day moving average price is $3.52 and its two-hundred day moving average price is $3.87.

Anywhere Real Estate (NYSE:HOUS - Get Free Report) last posted 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). 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 net margin of 2.25% and a negative return on equity of 5.88%. Research analysts predict 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.