58,134 Shares in Anywhere Real Estate Inc. $HOUS Purchased by Landscape Capital Management L.L.C.

Key Points

• Landscape Capital Management L.L.C. acquired 58,134 shares of Anywhere Real Estate Inc. (NYSE:HOUS) valued at approximately $194,000, representing a 0.05% ownership in the company.
• Anywhere Real Estate reported earnings per share (EPS) of $0.32 for the last quarter, missing analysts’ expectations, while their revenue of $1.68 billion was also below estimates.
• Analysts have issued mixed ratings on HOUS shares, with Barclays setting a target price of $3.50 and Wall Street Zen downgrading the stock from "hold" to "sell."

Landscape Capital Management L.L.C. bought a new stake in shares of Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 58,134 shares of the company's stock, valued at approximately $194,000. Landscape Capital Management L.L.C. owned approximately 0.05% of Anywhere Real Estate at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in HOUS. Ballentine Partners LLC purchased a new position in shares of Anywhere Real Estate during the 1st quarter valued at approximately $39,000. Avantax Advisory Services Inc. purchased a new position in shares of Anywhere Real Estate during the 1st quarter valued at approximately $43,000. First Trust Advisors LP purchased a new position in shares of Anywhere Real Estate during the 4th quarter valued at approximately $50,000. Pallas Capital Advisors LLC purchased a new position in shares of Anywhere Real Estate during the 1st quarter valued at approximately $52,000. Finally, Cetera Investment Advisers purchased a new position in shares of Anywhere Real Estate during the 4th quarter valued at approximately $77,000. 97.56% of the stock is owned by hedge funds and other institutional investors.

Anywhere Real Estate Price Performance

HOUS traded up $0.25 on Friday, hitting $6.46. 1,098,555 shares of the company's stock were exchanged, compared to its average volume of 1,165,979. Anywhere Real Estate Inc. has a fifty-two week low of $2.71 and a fifty-two week high of $6.63. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 1.51. The firm has a 50-day moving average price of $4.90 and a 200-day moving average price of $3.99. The stock has a market cap of $723.11 million, a price-to-earnings ratio of -6.60 and a beta of 1.66.

Anywhere Real Estate (NYSE:HOUS - Get Free Report) last announced its earnings results on Tuesday, July 29th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.02). Anywhere Real Estate had a negative return on equity of 4.57% and a negative net margin of 1.87%.The business had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.77 billion. During the same period last year, the firm earned $0.27 EPS. The company's revenue for the quarter was up .8% compared to the same quarter last year. As a group, equities analysts anticipate that Anywhere Real Estate Inc. will post 0.05 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on HOUS. Wall Street Zen cut shares of Anywhere Real Estate from a "hold" rating to a "sell" rating in a research note on Saturday, August 2nd. Barclays lifted their price target on shares of Anywhere Real Estate from $3.00 to $3.50 and gave the company an "underweight" rating in a research note on Wednesday, July 30th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Reduce" and an average target price of $4.00.

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.