SG Americas Securities LLC purchased a new position in shares of Anywhere Real Estate Inc. (NYSE:HOUS – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 40,198 shares of the company’s stock, valued at approximately $326,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in HOUS. Southeastern Asset Management Inc. TN bought a new position in shares of Anywhere Real Estate in the fourth quarter worth about $41,816,000. Bank of America Corp DE bought a new position in Anywhere Real Estate in the 4th quarter valued at approximately $19,802,000. Geode Capital Management LLC acquired a new stake in Anywhere Real Estate in the fourth quarter valued at approximately $14,276,000. Morgan Stanley bought a new stake in shares of Anywhere Real Estate during the fourth quarter worth $10,519,000. Finally, JPMorgan Chase & Co. acquired a new position in shares of Anywhere Real Estate during the fourth quarter worth $9,878,000. Institutional investors own 97.56% of the company’s stock.
Wall Street Analyst Weigh In
HOUS has been the subject of a number of recent research reports. Stephens increased their target price on Anywhere Real Estate from $5.50 to $8.00 and gave the company an “equal weight” rating in a research report on Friday, February 16th. Barclays lifted their target price on shares of Anywhere Real Estate from $4.50 to $5.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 20th. Finally, JPMorgan Chase & Co. cut shares of Anywhere Real Estate from a “neutral” rating to an “underweight” rating and set a $7.00 price target for the company. in a research report on Monday, December 18th.
Check Out Our Latest Stock Analysis on HOUS
Anywhere Real Estate Price Performance
Shares of HOUS opened at $5.83 on Tuesday. The business has a 50-day moving average of $6.32 and a 200-day moving average of $6.19. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.37 and a quick ratio of 0.37. The company has a market capitalization of $647.63 million, a price-to-earnings ratio of -6.41 and a beta of 2.46. Anywhere Real Estate Inc. has a 1 year low of $4.09 and a 1 year high of $9.43.
Anywhere Real Estate (NYSE:HOUS – Get Free Report) last released its quarterly earnings results on Thursday, February 15th. The company reported ($0.32) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.39) by $0.07. Anywhere Real Estate had a negative net margin of 1.72% and a negative return on equity of 7.23%. The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter last year, the business earned ($0.85) EPS. The company’s revenue was down 5.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Anywhere Real Estate Inc. will post -0.03 earnings per share 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.
See Also
Receive News & Ratings for Anywhere Real Estate Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Anywhere Real Estate and related companies with MarketBeat.com’s FREE daily email newsletter.