Headlands Technologies LLC Acquires New Shares in Anywhere Real Estate Inc. (NYSE:HOUS)

Headlands Technologies LLC acquired a new position in shares of Anywhere Real Estate Inc. (NYSE:HOUS) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 12,170 shares of the company’s stock, valued at approximately $40,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Frazier Financial Advisors LLC bought a new position in shares of Anywhere Real Estate in the fourth quarter valued at $28,000. Allegheny Financial Group LTD bought a new stake in shares of Anywhere Real Estate during the 1st quarter worth $67,000. Allspring Global Investments Holdings LLC acquired a new stake in shares of Anywhere Real Estate in the first quarter valued at about $72,000. Bayesian Capital Management LP acquired a new stake in Anywhere Real Estate in the 1st quarter valued at approximately $76,000. Finally, Quadrature Capital Ltd acquired a new position in Anywhere Real Estate during the 1st quarter valued at $80,000. 97.56% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Anywhere Real Estate Trading Up 1.6 %

Shares of NYSE HOUS opened at $5.43 on Wednesday. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 1.37. Anywhere Real Estate Inc. has a twelve month low of $3.01 and a twelve month high of $8.40. The company’s fifty day moving average is $4.66 and its 200-day moving average is $4.74. The stock has a market cap of $603.64 million, a price-to-earnings ratio of -9.69 and a beta of 2.30.

Anywhere Real Estate (NYSE:HOUS) last announced its earnings results on Thursday, August 1st. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.70 billion. During the same period in the prior year, the business earned $0.24 EPS. The company’s revenue for the quarter was down .1% compared to the same quarter last year. Equities research analysts predict that Anywhere Real Estate Inc. will post -0.55 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.