State Street Corp Sells 29,256 Shares of Anywhere Real Estate Inc. (NYSE:HOUS)

State Street Corp lessened its holdings in shares of Anywhere Real Estate Inc. (NYSE:HOUS) by 1.1% in the third quarter, according to its most recent filing with the SEC. The firm owned 2,640,938 shares of the company’s stock after selling 29,256 shares during the period. State Street Corp’s holdings in Anywhere Real Estate were worth $13,416,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Nemes Rush Group LLC lifted its stake in Anywhere Real Estate by 16.7% in the second quarter. Nemes Rush Group LLC now owns 17,500 shares of the company’s stock valued at $58,000 after buying an additional 2,500 shares during the period. Quarry LP bought a new position in Anywhere Real Estate during the 3rd quarter worth approximately $26,000. Hsbc Holdings PLC grew its holdings in Anywhere Real Estate by 3.9% during the second quarter. Hsbc Holdings PLC now owns 185,653 shares of the company’s stock valued at $597,000 after purchasing an additional 6,908 shares during the period. First Trust Direct Indexing L.P. increased its stake in Anywhere Real Estate by 86.4% in the third quarter. First Trust Direct Indexing L.P. now owns 19,146 shares of the company’s stock valued at $97,000 after purchasing an additional 8,877 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Anywhere Real Estate by 4.2% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 245,270 shares of the company’s stock worth $1,246,000 after purchasing an additional 9,958 shares during the period. 97.56% of the stock is currently owned by institutional investors.

Anywhere Real Estate Price Performance

Shares of HOUS opened at $3.47 on Thursday. The stock has a 50 day simple moving average of $4.24 and a 200 day simple moving average of $4.37. Anywhere Real Estate Inc. has a 52-week low of $3.01 and a 52-week high of $8.40. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.36 and a current ratio of 0.36. The firm has a market capitalization of $386.08 million, a PE ratio of -2.24 and a beta of 2.32.

Anywhere Real Estate (NYSE:HOUS) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.18). The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.63 billion. Anywhere Real Estate had a negative return on equity of 6.46% and a negative net margin of 3.06%. The company’s revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.15 earnings per share. Sell-side analysts predict that Anywhere Real Estate Inc. will post -0.7 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Barclays upped their price objective on shares of Anywhere Real Estate from $3.50 to $4.00 and gave the company an “underweight” rating in a research report on Wednesday, December 11th.

About Anywhere Real Estate

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.