Aristeia Capital L.L.C. Takes $345,000 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) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 103,560 shares of the company's stock, valued at approximately $345,000. Aristeia Capital L.L.C. owned approximately 0.09% of Anywhere Real Estate at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of HOUS. RPD Fund Management LLC acquired a new position in shares of Anywhere Real Estate in the 4th 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 1st 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 in the last quarter. SG Americas Securities LLC lifted its stake in shares of Anywhere Real Estate by 5,654.0% in the 1st 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 in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Anywhere Real Estate by 52.9% in the 1st 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 in the last quarter. Finally, D. E. Shaw & Co. Inc. lifted its position in Anywhere Real Estate by 10.5% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 5,425,405 shares of the company's stock worth $17,904,000 after acquiring an additional 517,606 shares in the last quarter. 97.56% of the stock is owned by institutional investors and hedge funds.

Anywhere Real Estate Stock Up 5.0%

Shares of HOUS traded up $0.34 during trading on Friday, reaching $7.15. The company's stock had a trading volume of 1,467,377 shares, compared to its average volume of 1,223,850. The company has a fifty day moving average of $5.23 and a two-hundred day moving average of $4.10. Anywhere Real Estate Inc. has a twelve month low of $2.71 and a twelve month high of $7.21. The company has a market cap of $800.94 million, a price-to-earnings ratio of -7.30 and a beta of 1.66. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 1.51.

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). Anywhere Real Estate had a negative net margin of 1.87% and a negative return on equity of 4.57%. The business had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.77 billion. During the same period in the previous year, the company earned $0.27 earnings per share. The business's revenue for the quarter was up .8% on a year-over-year basis. On average, sell-side analysts predict that Anywhere Real Estate Inc. will post 0.05 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on HOUS. Barclays boosted their price target on Anywhere Real Estate from $3.00 to $3.50 and gave the stock an "underweight" rating in a research report on Wednesday, July 30th. Wall Street Zen lowered Anywhere Real Estate from a "hold" rating to a "sell" rating in a research report on Saturday, August 2nd. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock 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.