RPD Fund Management LLC Takes Position in Anywhere Real Estate Inc. (NYSE:HOUS)

RPD Fund Management LLC bought a new stake in Anywhere Real Estate Inc. (NYSE:HOUS) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,193,028 shares of the company’s stock, valued at approximately $17,137,000. Anywhere Real Estate comprises approximately 7.0% of RPD Fund Management LLC’s portfolio, making the stock its 6th largest holding. RPD Fund Management LLC owned 4.67% of Anywhere Real Estate at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the stock. Dimensional Fund Advisors LP raised its position in Anywhere Real Estate by 8.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,861,712 shares of the company’s stock worth $19,344,000 after purchasing an additional 433,960 shares during the last quarter. D. E. Shaw & Co. Inc. grew its holdings in Anywhere Real Estate by 10.5% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 5,425,405 shares of the company’s stock worth $17,904,000 after acquiring an additional 517,606 shares during the period. Gator Capital Management LLC grew its holdings in Anywhere Real Estate by 42.8% during the 4th quarter. Gator Capital Management LLC now owns 2,525,050 shares of the company’s stock worth $8,333,000 after acquiring an additional 756,800 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in Anywhere Real Estate by 3.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,504,807 shares of the company’s stock worth $4,966,000 after acquiring an additional 48,992 shares during the period. Finally, Barclays PLC grew its holdings in Anywhere Real Estate by 725.7% during the 3rd quarter. Barclays PLC now owns 1,436,706 shares of the company’s stock worth $7,297,000 after acquiring an additional 1,262,714 shares during the period. Institutional investors own 97.56% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Barclays lowered 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 report on Thursday, January 16th. Keefe, Bruyette & Woods decreased their price target on shares of Anywhere Real Estate from $5.00 to $4.50 and set a “market perform” rating for the company in a report on Monday, April 28th.

Anywhere Real Estate Price Performance

Shares of HOUS stock opened at $3.69 on Friday. Anywhere Real Estate Inc. has a 12-month low of $2.71 and a 12-month high of $5.95. The firm has a market capitalization of $412.56 million, a price-to-earnings ratio of -3.18 and a beta of 1.87. 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 firm has a fifty day moving average of $3.40 and a 200-day moving average of $3.68.

Anywhere Real Estate (NYSE:HOUS) last announced its 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 company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.13 billion. Anywhere Real Estate had a negative return on equity of 5.88% and a negative net margin of 2.25%. Anywhere Real Estate’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the previous year, the company posted ($0.91) earnings per share. On average, equities research analysts forecast that Anywhere Real Estate Inc. will post 0.05 earnings per share for the current 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.