Aristeia Capital L.L.C. Acquires New Position in Anywhere Real Estate Inc. $HOUS

Key Points

• Aristeia Capital L.L.C. has acquired a new position in Anywhere Real Estate Inc. (NYSE: HOUS), purchasing **103,560 shares** valued at approximately **$345,000** in the first quarter.
• Institutional investors collectively own **97.56%** of Anywhere Real Estate's stock, with major stakeholders including RPD Fund Management LLC and Goldman Sachs Group Inc. making significant stake changes recently.
• Anywhere Real Estate reported **$1.68 billion** in revenue for the latest quarter but missed EPS estimates, and analysts now predict a **0.05 EPS** for the current fiscal year.

Aristeia Capital L.L.C. acquired a new stake in Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 103,560 shares of the company's stock, valued at approximately $345,000. Aristeia Capital L.L.C. owned 0.09% of Anywhere Real Estate as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in HOUS. RPD Fund Management LLC acquired a new stake in shares of Anywhere Real Estate in the fourth quarter valued at about $17,137,000. Charles Schwab Investment Management Inc. lifted its stake in shares of Anywhere Real Estate by 111.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 2,280,470 shares of the company's stock valued at $7,594,000 after purchasing an additional 1,200,823 shares during the period. SG Americas Securities LLC lifted its stake in shares of Anywhere Real Estate by 5,654.0% in the first quarter. SG Americas Securities LLC now owns 1,146,715 shares of the company's stock valued at $3,819,000 after purchasing an additional 1,126,786 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Anywhere Real Estate by 52.9% in the first quarter. Goldman Sachs Group Inc. now owns 1,682,561 shares of the company's stock valued at $5,603,000 after purchasing an additional 582,402 shares during the period. Finally, D. E. Shaw & Co. Inc. lifted its stake in shares of Anywhere Real Estate by 10.5% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 5,425,405 shares of the company's stock valued at $17,904,000 after purchasing an additional 517,606 shares during the period. Institutional investors and hedge funds own 97.56% of the company's stock.

Anywhere Real Estate Stock Performance

Shares of HOUS opened at $6.46 on Monday. 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 stock has a market cap of $723.09 million, a P/E ratio of -6.59 and a beta of 1.66. The company has a 50-day moving average of $4.95 and a two-hundred day moving average of $4.01. Anywhere Real Estate Inc. has a 12-month low of $2.71 and a 12-month high of $6.63.

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 analysts' consensus estimates of $0.34 by ($0.02). The business had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.77 billion. Anywhere Real Estate had a negative return on equity of 4.57% and a negative net margin of 1.87%.The business's revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.27 EPS. As a group, research analysts predict that Anywhere Real Estate Inc. will post 0.05 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently commented on the stock. 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 target price on shares of Anywhere Real Estate from $3.00 to $3.50 and gave the stock an "underweight" rating in a research report on Wednesday, July 30th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Reduce" and an average price target of $4.00.

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.

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