Anywhere Real Estate Inc. (NYSE:HOUS) Shares Sold by Point72 Asia Singapore Pte. Ltd.

Point72 Asia Singapore Pte. Ltd. lessened its stake in Anywhere Real Estate Inc. (NYSE:HOUS) by 16.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 95,412 shares of the company’s stock after selling 18,630 shares during the quarter. Point72 Asia Singapore Pte. Ltd.’s holdings in Anywhere Real Estate were worth $315,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Mraz Amerine & Associates Inc. acquired a new stake in shares of Anywhere Real Estate in the fourth quarter valued at approximately $33,000. RPO LLC bought a new position in shares of Anywhere Real Estate in the fourth quarter valued at approximately $43,000. AXQ Capital LP bought a new stake in Anywhere Real Estate during the fourth quarter worth approximately $49,000. First Trust Advisors LP bought a new stake in Anywhere Real Estate during the fourth quarter worth approximately $50,000. Finally, Empirical Asset Management LLC purchased a new stake in shares of Anywhere Real Estate in the 4th quarter valued at approximately $52,000. Institutional investors and hedge funds own 97.56% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on HOUS shares. Barclays cut their target price on shares of Anywhere Real Estate from $4.00 to $3.00 and set an “underweight” rating for the company in a research report on Thursday, January 16th. Keefe, Bruyette & Woods cut their price target on shares of Anywhere Real Estate from $5.00 to $4.50 and set a “market perform” rating on the stock in a report on Monday, April 28th.

Anywhere Real Estate Price Performance

NYSE:HOUS opened at $3.69 on Friday. The firm has a market cap of $412.56 million, a PE ratio of -3.18 and a beta of 1.87. Anywhere Real Estate Inc. has a 12 month low of $2.71 and a 12 month high of $5.95. The company has a quick ratio of 0.36, a current ratio of 0.33 and a debt-to-equity ratio of 1.38. The company’s 50-day moving average price is $3.40 and its two-hundred day moving average price is $3.68.

Anywhere Real Estate (NYSE:HOUS) last posted its quarterly earnings results on Tuesday, April 29th. The company reported ($0.57) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.51) by ($0.06). The business had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.13 billion. Anywhere Real Estate had a negative return on equity of 5.88% and a negative net margin of 2.25%. The company’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period last year, the firm earned ($0.91) earnings per share. On average, equities analysts anticipate that Anywhere Real Estate Inc. will post 0.05 EPS for the current fiscal 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.