Anywhere Real Estate Inc. (NYSE:HOUS) Stock Position Lifted by Empowered Funds LLC

Empowered Funds LLC grew its position in Anywhere Real Estate Inc. (NYSE:HOUS) by 5.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 547,985 shares of the company’s stock after acquiring an additional 27,872 shares during the quarter. Empowered Funds LLC owned approximately 0.49% of Anywhere Real Estate worth $2,784,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Allspring Global Investments Holdings LLC bought a new position in Anywhere Real Estate in the first quarter worth about $72,000. Headlands Technologies LLC bought a new stake in shares of Anywhere Real Estate in the 2nd quarter worth approximately $40,000. Ballentine Partners LLC acquired a new position in Anywhere Real Estate during the 3rd quarter valued at approximately $62,000. Bayesian Capital Management LP bought a new position in Anywhere Real Estate during the 1st quarter worth $76,000. Finally, Quadrature Capital Ltd acquired a new stake in Anywhere Real Estate in the first quarter worth $80,000. 97.56% of the stock is owned by institutional investors and hedge funds.

Anywhere Real Estate Stock Performance

Shares of NYSE:HOUS opened at $4.14 on Wednesday. Anywhere Real Estate Inc. has a fifty-two week low of $3.01 and a fifty-two week high of $8.40. 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 market cap of $460.07 million, a PE ratio of -2.67 and a beta of 2.31. The company’s 50-day moving average price is $4.62 and its 200 day moving average price is $4.42.

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 the consensus estimate of $0.23 by ($0.18). Anywhere Real Estate had a negative return on equity of 6.46% and a negative net margin of 3.06%. The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the prior year, the firm posted $0.15 earnings per share. The business’s quarterly revenue was down 3.1% on a year-over-year basis. Sell-side analysts anticipate that Anywhere Real Estate Inc. will post -0.52 earnings per share for the current year.

Anywhere Real Estate 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.