160,754 Shares in Anywhere Real Estate Inc. (NYSE:HOUS) Purchased by Readystate Asset Management LP

Readystate Asset Management LP acquired a new position in shares of Anywhere Real Estate Inc. (NYSE:HOUS) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 160,754 shares of the company’s stock, valued at approximately $1,304,000. Readystate Asset Management LP owned 0.15% of Anywhere Real Estate as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. PNC Financial Services Group Inc. acquired a new position in Anywhere Real Estate during the fourth quarter worth about $82,000. Victory Capital Management Inc. acquired a new position in Anywhere Real Estate during the fourth quarter worth about $991,000. Sei Investments Co. acquired a new position in Anywhere Real Estate during the fourth quarter worth about $579,000. Amalgamated Bank acquired a new position in Anywhere Real Estate during the fourth quarter worth about $321,000. Finally, American International Group Inc. acquired a new position in Anywhere Real Estate during the fourth quarter worth about $374,000. Institutional investors own 97.56% of the company’s stock.

Wall Street Analysts Forecast Growth

HOUS has been the subject of several research analyst reports. Barclays boosted their target price on Anywhere Real Estate from $4.50 to $5.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 20th. Stephens upped their price objective on Anywhere Real Estate from $5.50 to $8.00 and gave the company an “equal weight” rating in a research note on Friday, February 16th.

Anywhere Real Estate Stock Up 1.1 %

Shares of Anywhere Real Estate stock traded up $0.06 on Thursday, hitting $5.43. The stock had a trading volume of 2,264,672 shares, compared to its average volume of 1,105,797. The stock has a 50 day moving average of $6.04 and a 200 day moving average of $6.11. Anywhere Real Estate Inc. has a twelve month low of $4.09 and a twelve month high of $9.43. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.37 and a current ratio of 0.37.

Anywhere Real Estate (NYSE:HOUS) last released its earnings results on Thursday, February 15th. The company reported ($0.32) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.07. The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.27 billion. Anywhere Real Estate had a negative net margin of 1.72% and a negative return on equity of 7.23%. The company’s revenue for the quarter was down 5.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.85) EPS. As a group, equities research analysts forecast that Anywhere Real Estate Inc. will post -0.03 earnings per share for the current fiscal 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.