Bridgeway Capital Management LLC Reduces Stake in Anywhere Real Estate Inc. (NYSE:HOUS)

Bridgeway Capital Management LLC reduced its holdings in shares of Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) by 14.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,275,759 shares of the company's stock after selling 212,321 shares during the quarter. Bridgeway Capital Management LLC owned about 1.15% of Anywhere Real Estate worth $4,210,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in HOUS. Virtu Financial LLC boosted its position in shares of Anywhere Real Estate by 71.2% in the fourth quarter. Virtu Financial LLC now owns 26,200 shares of the company's stock valued at $86,000 after acquiring an additional 10,895 shares during the period. KLP Kapitalforvaltning AS purchased a new position in shares of Anywhere Real Estate during the 4th quarter valued at $73,000. Raymond James Financial Inc. bought a new stake in Anywhere Real Estate during the fourth quarter valued at $543,000. JPMorgan Chase & Co. grew its position in Anywhere Real Estate by 12.1% during the third quarter. JPMorgan Chase & Co. now owns 1,475,022 shares of the company's stock worth $7,493,000 after buying an additional 159,364 shares in the last quarter. Finally, Invesco Ltd. increased its stake in Anywhere Real Estate by 1.9% in the 4th quarter. Invesco Ltd. now owns 179,612 shares of the company's stock worth $593,000 after acquiring an additional 3,327 shares during the last quarter. 97.56% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on HOUS shares. Barclays cut their price objective on 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 cut 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 research note on Monday, April 28th.

Anywhere Real Estate Price Performance

HOUS traded down $0.01 during trading on Tuesday, reaching $3.79. The stock had a trading volume of 195,038 shares, compared to its average volume of 1,322,340. The business has a 50-day moving average of $3.38 and a 200-day moving average of $3.68. The stock has a market cap of $423.74 million, a PE ratio of -3.27 and a beta of 1.87. Anywhere Real Estate Inc. has a one year low of $2.71 and a one year high of $5.95. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.36 and a current ratio of 0.33.

Anywhere Real Estate (NYSE:HOUS - Get Free Report) last released 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). Anywhere Real Estate had a negative net margin of 2.25% and a negative return on equity of 5.88%. The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same period last year, the firm posted ($0.91) EPS. The company's revenue was up 6.9% on a year-over-year basis. As a group, equities research analysts anticipate that Anywhere Real Estate Inc. will post 0.05 EPS for the current fiscal 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.