Texas Permanent School Fund Corp Sells 15,117 Shares of Anywhere Real Estate Inc. (NYSE:HOUS)

Texas Permanent School Fund Corp cut its position in shares of Anywhere Real Estate Inc. (NYSE:HOUS) by 13.6% in the second quarter, Holdings Channel.com reports. The institutional investor owned 96,253 shares of the company’s stock after selling 15,117 shares during the period. Texas Permanent School Fund Corp’s holdings in Anywhere Real Estate were worth $643,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HOUS. Envestnet Asset Management Inc. raised its stake in Anywhere Real Estate by 27.5% during the second quarter. Envestnet Asset Management Inc. now owns 13,699 shares of the company’s stock valued at $92,000 after purchasing an additional 2,956 shares in the last quarter. Barclays PLC boosted its stake in Anywhere Real Estate by 4.2% during the second quarter. Barclays PLC now owns 176,417 shares of the company’s stock worth $1,178,000 after buying an additional 7,141 shares during the period. Bank of Montreal Can bought a new stake in Anywhere Real Estate in the second quarter worth about $850,000. Nemes Rush Group LLC purchased a new stake in Anywhere Real Estate in the second quarter worth $84,000. Finally, EA Series Trust bought a new position in Anywhere Real Estate in the 2nd quarter worth about $1,775,000. 97.56% of the stock is owned by institutional investors.

Anywhere Real Estate Trading Up 2.6 %

Anywhere Real Estate stock opened at $5.25 on Tuesday. The stock has a 50-day moving average of $5.61 and a two-hundred day moving average of $6.35. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.50 and a current ratio of 0.50. Anywhere Real Estate Inc. has a one year low of $4.09 and a one year high of $9.85. The stock has a market cap of $579.51 million, a PE ratio of -1.29 and a beta of 2.44.

Anywhere Real Estate (NYSE:HOUS) last released its quarterly earnings results on Tuesday, October 24th. The company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.02). Anywhere Real Estate had a negative net margin of 7.76% and a negative return on equity of 9.07%. The business had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.58 billion. On average, research analysts anticipate that Anywhere Real Estate Inc. will post -0.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on HOUS. Stephens lowered their target price on Anywhere Real Estate from $9.50 to $5.50 and set an “equal weight” rating for the company in a report on Wednesday, October 25th. Barclays reduced their price target on shares of Anywhere Real Estate from $5.00 to $4.50 and set an “underweight” rating for the company in a report on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $6.00.

Insider Buying and Selling at Anywhere Real Estate

In other Anywhere Real Estate news, Director Enrique Silva acquired 15,000 shares of the firm’s stock in a transaction on Friday, November 3rd. The stock was acquired at an average cost of $5.42 per share, for a total transaction of $81,300.00. Following the purchase, the director now owns 112,216 shares in the company, valued at approximately $608,210.72. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 3.30% of the company’s stock.

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.