Wealth Enhancement Advisory Services LLC Invests $107,000 in Anywhere Real Estate Inc. (NYSE:HOUS)

Wealth Enhancement Advisory Services LLC bought a new position in shares of Anywhere Real Estate Inc. (NYSE:HOUS) during the 3rd quarter, HoldingsChannel reports. The firm bought 20,978 shares of the company’s stock, valued at approximately $107,000.

Other hedge funds also recently added to or reduced their stakes in the company. Headlands Technologies LLC acquired a new stake in shares of Anywhere Real Estate during the second quarter worth $40,000. Versor Investments LP acquired a new stake in Anywhere Real Estate during the 2nd quarter worth about $54,000. Nemes Rush Group LLC grew its stake in Anywhere Real Estate by 16.7% during the 2nd quarter. Nemes Rush Group LLC now owns 17,500 shares of the company’s stock valued at $58,000 after purchasing an additional 2,500 shares during the last quarter. Ballentine Partners LLC acquired a new position in shares of Anywhere Real Estate in the third quarter valued at about $62,000. Finally, Optas LLC purchased a new position in shares of Anywhere Real Estate in the second quarter worth about $68,000. 97.56% of the stock is owned by institutional investors and hedge funds.

Anywhere Real Estate Price Performance

Shares of NYSE HOUS opened at $3.83 on Wednesday. Anywhere Real Estate Inc. has a 52 week low of $3.01 and a 52 week high of $8.40. The business’s 50 day moving average price is $4.70 and its 200 day moving average price is $4.45. The company has a quick ratio of 0.38, a current ratio of 0.36 and a debt-to-equity ratio of 1.34. The firm has a market cap of $425.62 million, a P/E ratio of -2.55 and a beta of 2.31.

Anywhere Real Estate (NYSE:HOUS) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.18). Anywhere Real Estate had a negative net margin of 3.06% and a negative return on equity of 6.46%. The business had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same period last year, the company earned $0.15 earnings per share. The firm’s revenue was down 3.1% on a year-over-year basis. On average, sell-side analysts expect that Anywhere Real Estate Inc. will post -0.52 earnings per share for the current 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.