Investors Research Corp Sells 2,250 Shares of Anywhere Real Estate Inc. (NYSE:HOUS)

Investors Research Corp decreased its holdings in shares of Anywhere Real Estate Inc. (NYSE:HOUS) by 11.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,957 shares of the company’s stock after selling 2,250 shares during the period. Investors Research Corp’s holdings in Anywhere Real Estate were worth $138,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in HOUS. UBS Group AG boosted its holdings in Anywhere Real Estate by 21.8% in the third quarter. UBS Group AG now owns 1,059,730 shares of the company’s stock worth $6,814,000 after acquiring an additional 189,527 shares in the last quarter. QRG Capital Management Inc. bought a new position in Anywhere Real Estate in the third quarter worth approximately $69,000. Sixth Street Partners Management Company L.P. boosted its holdings in Anywhere Real Estate by 3.4% in the third quarter. Sixth Street Partners Management Company L.P. now owns 5,423,280 shares of the company’s stock worth $34,872,000 after acquiring an additional 176,300 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Anywhere Real Estate by 8.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,689,444 shares of the company’s stock valued at $10,863,000 after purchasing an additional 134,611 shares in the last quarter. Finally, Corton Capital Inc. bought a new position in shares of Anywhere Real Estate in the third quarter valued at approximately $153,000. Institutional investors own 97.56% of the company’s stock.

Anywhere Real Estate Price Performance

Shares of HOUS opened at $5.31 on Wednesday. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 1.40. The stock has a 50 day moving average of $6.07 and a 200 day moving average of $6.12. Anywhere Real Estate Inc. has a 12 month low of $4.09 and a 12 month high of $9.43.

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

Wall Street Analysts Forecast Growth

HOUS has been the topic of a number of recent research reports. Stephens raised their target price on Anywhere Real Estate from $5.50 to $8.00 and gave the company an “equal weight” rating in a report on Friday, February 16th. Barclays raised their target price on Anywhere Real Estate from $4.50 to $5.00 and gave the company an “underweight” rating in a report on Tuesday, February 20th.

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.