Anywhere Real Estate Target of Unusually Large Options Trading (NYSE:HOUS)

Anywhere Real Estate Inc. (NYSE:HOUS) was the target of some unusual options trading activity on Wednesday. Stock investors purchased 7,891 call options on the company. This is an increase of approximately 534% compared to the average volume of 1,245 call options.

Hedge Funds Weigh In On Anywhere Real Estate

Several hedge funds have recently bought and sold shares of HOUS. Quarry LP purchased a new position in Anywhere Real Estate during the third quarter worth about $26,000. Townsquare Capital LLC purchased a new position in shares of Anywhere Real Estate during the third quarter worth about $52,000. Headlands Technologies LLC purchased a new position in shares of Anywhere Real Estate during the second quarter worth about $40,000. Ballentine Partners LLC bought a new position in shares of Anywhere Real Estate in the third quarter worth approximately $62,000. Finally, Bayesian Capital Management LP purchased a new stake in Anywhere Real Estate in the first quarter valued at approximately $76,000. Hedge funds and other institutional investors own 97.56% of the company’s stock.

Anywhere Real Estate Stock Performance

Shares of NYSE:HOUS traded down $0.21 during trading on Wednesday, hitting $4.92. 826,813 shares of the company were exchanged, compared to its average volume of 1,360,690. Anywhere Real Estate has a 52-week low of $3.01 and a 52-week high of $8.40. The stock has a 50 day moving average of $4.55 and a 200 day moving average of $4.40. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.36 and a quick ratio of 0.36. The company has a market cap of $547.40 million, a PE ratio of -3.17 and a beta of 2.31.

Anywhere Real Estate (NYSE:HOUS) last issued its quarterly earnings data 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). The company had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Anywhere Real Estate had a negative return on equity of 6.46% and a negative net margin of 3.06%. The business’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same period last year, the company posted $0.15 EPS. As a group, equities research analysts predict that Anywhere Real Estate will post -0.52 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.