D. E. Shaw & Co. Inc. Purchases 517,606 Shares of Anywhere Real Estate Inc. (NYSE:HOUS)

D. E. Shaw & Co. Inc. lifted its position in shares of Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) by 10.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,425,405 shares of the company's stock after purchasing an additional 517,606 shares during the period. D. E. Shaw & Co. Inc. owned 4.88% of Anywhere Real Estate worth $17,904,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in HOUS. Mraz Amerine & Associates Inc. bought a new position in Anywhere Real Estate in the 4th quarter valued at $33,000. RPO LLC purchased a new position in shares of Anywhere Real Estate in the 4th quarter worth about $43,000. AXQ Capital LP bought a new position in Anywhere Real Estate during the fourth quarter valued at about $49,000. First Trust Advisors LP purchased a new stake in Anywhere Real Estate during the fourth quarter worth about $50,000. Finally, Empirical Asset Management LLC purchased a new stake in Anywhere Real Estate during the fourth quarter worth about $52,000. 97.56% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on HOUS. Keefe, Bruyette & Woods dropped their target price on shares of Anywhere Real Estate from $5.00 to $4.50 and set a "market perform" rating on the stock in a research note on Monday, April 28th. Barclays dropped their price objective on Anywhere Real Estate from $4.00 to $3.00 and set an "underweight" rating on the stock in a research note on Thursday, January 16th.

Anywhere Real Estate Stock Up 6.7%

HOUS stock opened at $3.80 on Tuesday. The stock has a fifty day moving average of $3.38 and a 200-day moving average of $3.68. Anywhere Real Estate Inc. has a fifty-two week low of $2.71 and a fifty-two week high of $5.95. The company has a market capitalization of $424.86 million, a price-to-earnings ratio of -3.28 and a beta of 1.87. 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 issued 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 business had revenue of $1.20 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.91) EPS. As a group, equities research analysts predict 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.

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