Nemes Rush Group LLC Increases Stock Holdings in Anywhere Real Estate Inc. (NYSE:HOUS)

Nemes Rush Group LLC boosted its position in shares of Anywhere Real Estate Inc. (NYSE:HOUS) by 16.7% during the second quarter, Holdings Channel.com reports. The firm owned 17,500 shares of the company’s stock after buying an additional 2,500 shares during the quarter. Nemes Rush Group LLC’s holdings in Anywhere Real Estate were worth $58,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of HOUS. Allianz Asset Management GmbH increased its holdings 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 buying an additional 197,696 shares during the last quarter. Cibc World Markets Corp purchased a new position in Anywhere Real Estate in the fourth quarter worth approximately $2,230,000. Angelo Gordon & CO. L.P. raised 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 purchasing an additional 330,288 shares during the period. Counterpoint Mutual Funds LLC lifted its stake in shares of Anywhere Real Estate by 307.0% in the 1st quarter. Counterpoint Mutual Funds LLC now owns 50,936 shares of the company’s stock valued at $315,000 after purchasing an additional 38,421 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC purchased a new position in shares of Anywhere Real Estate during the 1st quarter worth $72,000. 97.56% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Anywhere Real Estate Stock Down 2.3 %

Anywhere Real Estate stock opened at $5.11 on Monday. The company has a market capitalization of $567.76 million, a PE ratio of -9.13 and a beta of 2.30. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.38 and a current ratio of 0.38. Anywhere Real Estate Inc. has a fifty-two week low of $3.01 and a fifty-two week high of $8.40. The firm has a 50 day moving average price of $4.87 and a 200 day moving average price of $4.72.

Anywhere Real Estate (NYSE:HOUS) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. The business had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.70 billion. Anywhere Real Estate had a negative return on equity of 5.65% and a negative net margin of 0.87%. The company’s revenue was down .1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.24 earnings per share. Research analysts expect that Anywhere Real Estate Inc. will post -0.55 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.