Stock Traders Purchase Large Volume of Anywhere Real Estate Call Options (NYSE:HOUS)

Anywhere Real Estate Inc. (NYSE:HOUS) saw unusually large options trading activity on Thursday. Traders purchased 9,720 call options on the company. This represents an increase of approximately 1,539% compared to the average daily volume of 593 call options.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Angelo Gordon & CO. L.P. boosted its position 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 buying an additional 330,288 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Anywhere Real Estate by 16.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,556,365 shares of the company’s stock valued at $18,391,000 after acquiring an additional 768,361 shares in the last quarter. Bank of Montreal Can grew its position in Anywhere Real Estate by 1,210.8% during the 2nd quarter. Bank of Montreal Can now owns 2,922,639 shares of the company’s stock worth $9,674,000 after acquiring an additional 2,699,671 shares during the last quarter. Millennium Management LLC increased its holdings in Anywhere Real Estate by 29,696.5% in the 2nd quarter. Millennium Management LLC now owns 2,034,508 shares of the company’s stock worth $6,734,000 after purchasing an additional 2,027,680 shares in the last quarter. Finally, Allianz Asset Management GmbH increased its holdings in Anywhere Real Estate by 11.9% in 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 in the last quarter. 97.56% of the stock is currently owned by institutional investors and hedge funds.

Anywhere Real Estate Price Performance

NYSE:HOUS traded up $0.27 during trading hours on Thursday, reaching $5.84. 624,076 shares of the company were exchanged, compared to its average volume of 1,404,715. The business has a 50 day moving average of $4.71 and a 200 day moving average of $4.74. The company has a market capitalization of $649.82 million, a P/E ratio of -9.93 and a beta of 2.30. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.38 and a quick ratio of 0.38. Anywhere Real Estate has a 1-year low of $3.01 and a 1-year high of $8.40.

Anywhere Real Estate (NYSE:HOUS) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.33 earnings per share (EPS) 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 the consensus estimate 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 revenue for the quarter was down .1% on a year-over-year basis. During the same period in the prior year, the company posted $0.24 earnings per share. Research analysts forecast that Anywhere Real Estate will post -0.55 EPS 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.