Cubist Systematic Strategies LLC Trims Stock Position in Anywhere Real Estate Inc. (NYSE:HOUS)

Cubist Systematic Strategies LLC lowered its position in Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) by 18.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 518,757 shares of the company's stock after selling 114,536 shares during the period. Cubist Systematic Strategies LLC owned approximately 0.47% of Anywhere Real Estate worth $1,712,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of HOUS. Barclays PLC raised its position in shares of Anywhere Real Estate by 725.7% in the 3rd quarter. Barclays PLC now owns 1,436,706 shares of the company's stock worth $7,297,000 after buying an additional 1,262,714 shares during the period. JPMorgan Chase & Co. grew its stake in Anywhere Real Estate by 12.1% in the third quarter. JPMorgan Chase & Co. now owns 1,475,022 shares of the company's stock worth $7,493,000 after purchasing an additional 159,364 shares in the last quarter. Empirical Asset Management LLC acquired a new position in Anywhere Real Estate in the fourth quarter worth about $52,000. Empowered Funds LLC lifted its holdings in Anywhere Real Estate by 5.1% in the fourth quarter. Empowered Funds LLC now owns 576,064 shares of the company's stock worth $1,901,000 after acquiring an additional 28,079 shares during the last quarter. Finally, Mraz Amerine & Associates Inc. bought a new position in Anywhere Real Estate in the fourth quarter worth about $33,000. Institutional investors and hedge funds own 97.56% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on HOUS. Keefe, Bruyette & Woods cut their price target on 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. Barclays lowered their price objective on shares of Anywhere Real Estate from $4.00 to $3.00 and set an "underweight" rating on the stock in a research report on Thursday, January 16th.

Anywhere Real Estate Price Performance

NYSE:HOUS opened at $3.80 on Tuesday. Anywhere Real Estate Inc. has a 12 month low of $2.71 and a 12 month high of $5.95. The company's 50-day moving average price is $3.38 and its two-hundred day moving average price is $3.68. The firm has a market cap of $424.86 million, a PE ratio of -3.28 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.

Anywhere Real Estate (NYSE:HOUS - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported ($0.57) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.51) by ($0.06). Anywhere Real Estate had a negative return on equity of 5.88% and a negative net margin of 2.25%. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same period in the prior year, the company earned ($0.91) EPS. The firm's revenue was up 6.9% on a year-over-year basis. 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.

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