Anywhere Real Estate (NYSE:HOUS) Stock Price Up 3.4%

Anywhere Real Estate Inc. (NYSE:HOUS) rose 3.4% during mid-day trading on Friday . The stock traded as high as $4.83 and last traded at $4.81. Approximately 22,014 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 1,415,787 shares. The stock had previously closed at $4.65.

Analysts Set New Price Targets

Separately, Barclays lowered their price target on 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 Stock Up 1.9 %

The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.38 and a current ratio of 0.38. The business’s 50-day simple moving average is $4.40 and its 200-day simple moving average is $4.79.

Anywhere Real Estate (NYSE:HOUS) last released its quarterly earnings data 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. The firm had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.70 billion. Anywhere Real Estate had a negative net margin of 0.87% and a negative return on equity of 5.65%. The business’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.24 earnings per share. Analysts expect that Anywhere Real Estate Inc. will post -0.49 EPS for the current year.

Hedge Funds Weigh In On Anywhere Real Estate

Several institutional investors and hedge funds have recently modified their holdings of the stock. Cibc World Markets Corp acquired a new stake in Anywhere Real Estate during the fourth quarter worth about $2,230,000. Angelo Gordon & CO. L.P. lifted its holdings in Anywhere Real Estate by 3.5% in the fourth quarter. Angelo Gordon & CO. L.P. now owns 9,692,993 shares of the company’s stock valued at $78,610,000 after acquiring an additional 330,288 shares during the period. Capstone Investment Advisors LLC boosted its position in Anywhere Real Estate by 9.3% in the 1st quarter. Capstone Investment Advisors LLC now owns 71,475 shares of the company’s stock worth $442,000 after purchasing an additional 6,075 shares in the last quarter. Allianz Asset Management GmbH grew its stake in shares of Anywhere Real Estate by 11.9% during the 4th quarter. Allianz Asset Management GmbH now owns 1,852,622 shares of the company’s stock worth $15,025,000 after purchasing an additional 197,696 shares during the period. Finally, Norden Group LLC purchased a new position in shares of Anywhere Real Estate during the 1st quarter valued at approximately $166,000. Institutional investors and hedge funds own 97.56% of the company’s stock.

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.