Ballentine Partners LLC Buys Shares of 12,270 Anywhere Real Estate Inc. (NYSE:HOUS)

Ballentine Partners LLC bought a new position in Anywhere Real Estate Inc. (NYSE:HOUS) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,270 shares of the company’s stock, valued at approximately $62,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Creative Planning increased its position in Anywhere Real Estate by 48.0% during the 3rd quarter. Creative Planning now owns 37,008 shares of the company’s stock worth $188,000 after purchasing an additional 12,007 shares in the last quarter. CWM LLC increased its holdings in shares of Anywhere Real Estate by 908.4% during the third quarter. CWM LLC now owns 30,202 shares of the company’s stock worth $153,000 after buying an additional 27,207 shares in the last quarter. Cubist Systematic Strategies LLC lifted its stake in shares of Anywhere Real Estate by 441.2% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 899,722 shares of the company’s stock valued at $2,978,000 after acquiring an additional 733,462 shares during the last quarter. Point72 Asset Management L.P. boosted its holdings in shares of Anywhere Real Estate by 372.0% during the 2nd quarter. Point72 Asset Management L.P. now owns 35,400 shares of the company’s stock valued at $117,000 after acquiring an additional 27,900 shares in the last quarter. Finally, Nemes Rush Group LLC grew its position in Anywhere Real Estate by 16.7% during the 2nd quarter. Nemes Rush Group LLC now owns 17,500 shares of the company’s stock worth $58,000 after acquiring an additional 2,500 shares during the last quarter. Institutional investors own 97.56% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Barclays dropped their target price 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 Price Performance

HOUS stock opened at $3.76 on Thursday. The company has a market capitalization of $418.39 million, a P/E ratio of -8.17 and a beta of 2.29. The company has a fifty day moving average price of $4.87 and a 200-day moving average price of $4.54. 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 52-week low of $3.01 and a 52-week high of $8.40.

Anywhere Real Estate (NYSE:HOUS) last announced its earnings results on Thursday, August 1st. The company reported $0.33 EPS for the quarter, topping the consensus estimate 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 return on equity of 5.65% and a negative net margin of 0.87%. The business’s quarterly revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.24 EPS. As a group, equities analysts expect that Anywhere Real Estate Inc. will post -0.52 EPS for the current year.

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.