Bank of America Corp DE Acquires 94,118 Shares of Anywhere Real Estate Inc. (NYSE:HOUS)

Bank of America Corp DE grew its holdings in Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) by 34.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 369,277 shares of the company's stock after acquiring an additional 94,118 shares during the quarter. Bank of America Corp DE owned 0.33% of Anywhere Real Estate worth $1,219,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Virtu Financial LLC grew its position in Anywhere Real Estate by 71.2% during the fourth quarter. Virtu Financial LLC now owns 26,200 shares of the company's stock worth $86,000 after buying an additional 10,895 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in shares of Anywhere Real Estate in the fourth quarter valued at $73,000. Raymond James Financial Inc. bought a new position in Anywhere Real Estate in the fourth quarter worth $543,000. Invesco Ltd. lifted its position in Anywhere Real Estate by 1.9% in the fourth quarter. Invesco Ltd. now owns 179,612 shares of the company's stock worth $593,000 after purchasing an additional 3,327 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in Anywhere Real Estate by 25.2% during the fourth quarter. Wells Fargo & Company MN now owns 58,507 shares of the company's stock worth $193,000 after buying an additional 11,779 shares in the last quarter. Institutional investors and hedge funds own 97.56% of the company's stock.

Anywhere Real Estate Price Performance

NYSE:HOUS traded up $0.28 during mid-day trading on Friday, hitting $3.86. The company's stock had a trading volume of 1,106,637 shares, compared to its average volume of 1,283,086. The company has a market capitalization of $431.01 million, a price-to-earnings ratio of -3.32 and a beta of 1.75. The company has a current ratio of 0.33, a quick ratio of 0.36 and a debt-to-equity ratio of 1.38. Anywhere Real Estate Inc. has a fifty-two week low of $2.71 and a fifty-two week high of $5.95. The stock has a fifty day moving average of $3.39 and a 200-day moving average of $3.63.

Anywhere Real Estate (NYSE:HOUS - Get Free Report) last released 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). The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.13 billion. Anywhere Real Estate had a negative return on equity of 5.88% and a negative net margin of 2.25%. The business's revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.91) earnings per share. As a group, equities analysts forecast that Anywhere Real Estate Inc. will post 0.05 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods dropped their price objective on shares of Anywhere Real Estate from $5.00 to $4.50 and set a "market perform" rating for the company in a research note on Monday, April 28th.

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.