Point72 Asset Management L.P. Has $156,000 Stock Position in Anywhere Real Estate Inc. (NYSE:HOUS)

Point72 Asset Management L.P. lessened its stake in shares of Anywhere Real Estate Inc. (NYSE:HOUS) by 13.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 30,800 shares of the company’s stock after selling 4,600 shares during the period. Point72 Asset Management L.P.’s holdings in Anywhere Real Estate were worth $156,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of HOUS. Walleye Capital LLC purchased a new position in shares of Anywhere Real Estate in the third quarter worth approximately $450,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Anywhere Real Estate by 4.2% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 245,270 shares of the company’s stock worth $1,246,000 after purchasing an additional 9,958 shares in the last quarter. Townsquare Capital LLC acquired a new stake in Anywhere Real Estate during the 3rd quarter valued at $52,000. FMR LLC lifted its holdings in shares of Anywhere Real Estate by 32.1% in the third quarter. FMR LLC now owns 612,697 shares of the company’s stock valued at $3,113,000 after purchasing an additional 148,938 shares in the last quarter. Finally, Algert Global LLC boosted its position in shares of Anywhere Real Estate by 18.7% in the third quarter. Algert Global LLC now owns 669,497 shares of the company’s stock worth $3,401,000 after buying an additional 105,514 shares during the period. Institutional investors and hedge funds own 97.56% of the company’s stock.

Analyst Ratings Changes

Separately, Barclays upped their price target on Anywhere Real Estate from $3.50 to $4.00 and gave the company an “underweight” rating in a research report on Wednesday.

Anywhere Real Estate Stock Down 4.5 %

HOUS stock opened at $4.25 on Friday. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 1.34. The company has a 50 day moving average of $4.39 and a two-hundred day moving average of $4.38. The company has a market cap of $472.86 million, a price-to-earnings ratio of -2.74 and a beta of 2.32. Anywhere Real Estate Inc. has a 12-month low of $3.01 and a 12-month high of $8.40.

Anywhere Real Estate (NYSE:HOUS) last released its earnings results on Thursday, November 7th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.18). Anywhere Real Estate had a negative net margin of 3.06% and a negative return on equity of 6.46%. The business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same period last year, the business earned $0.15 EPS. The business’s quarterly revenue was down 3.1% compared to the same quarter last year. On average, equities analysts anticipate that Anywhere Real Estate Inc. will post -0.7 earnings per share for the current fiscal 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.