May Hill Capital LLC Makes New Investment in Anywhere Real Estate Inc. $HOUS

May Hill Capital LLC acquired a new position in shares of Anywhere Real Estate Inc. (NYSE:HOUS) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 11,017 shares of the company’s stock, valued at approximately $40,000.

Several other institutional investors have also recently bought and sold shares of the business. Transcend Capital Advisors LLC raised its holdings in Anywhere Real Estate by 18.7% during the second quarter. Transcend Capital Advisors LLC now owns 199,812 shares of the company’s stock worth $723,000 after buying an additional 31,435 shares during the last quarter. Allianz Asset Management GmbH acquired a new position in Anywhere Real Estate during the second quarter worth $448,000. Institute for Wealth Management LLC. acquired a new position in Anywhere Real Estate during the second quarter worth $181,000. Ballentine Partners LLC raised its holdings in Anywhere Real Estate by 25.5% during the second quarter. Ballentine Partners LLC now owns 14,822 shares of the company’s stock worth $54,000 after buying an additional 3,014 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Anywhere Real Estate by 52.9% during the first quarter. Goldman Sachs Group Inc. now owns 1,682,561 shares of the company’s stock worth $5,603,000 after buying an additional 582,402 shares during the last quarter. Institutional investors and hedge funds own 97.56% of the company’s stock.

Anywhere Real Estate Stock Performance

NYSE HOUS opened at $10.47 on Wednesday. Anywhere Real Estate Inc. has a 1 year low of $2.71 and a 1 year high of $12.03. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.52 and a quick ratio of 0.52. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of -10.68 and a beta of 1.76. The company has a fifty day moving average price of $8.42 and a 200-day moving average price of $5.50.

Anywhere Real Estate (NYSE:HOUS) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.02). The company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.77 billion. Anywhere Real Estate had a negative net margin of 1.87% and a negative return on equity of 4.57%. Anywhere Real Estate’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS. As a group, equities research analysts predict that Anywhere Real Estate Inc. will post 0.05 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have weighed in on HOUS. Compass Point set a $11.00 price objective on shares of Anywhere Real Estate in a report on Tuesday, September 23rd. Wall Street Zen lowered shares of Anywhere Real Estate from a “hold” rating to a “sell” rating in a research note on Saturday, August 2nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Anywhere Real Estate in a research note on Wednesday, October 8th. Barclays upgraded shares of Anywhere Real Estate from a “strong sell” rating to an “equal weight” rating and upped their target price for the stock from $3.50 to $11.00 in a research note on Tuesday, September 23rd. Finally, JPMorgan Chase & Co. upgraded shares of Anywhere Real Estate from an “underweight” rating to a “neutral” rating and set a $10.00 target price for the company in a research note on Monday, September 22nd. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $9.13.

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.