Graham Capital Management L.P. Buys 80,701 Shares of Anywhere Real Estate Inc. (NYSE:HOUS)

Graham Capital Management L.P. boosted its holdings in Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) by 689.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 92,401 shares of the company's stock after purchasing an additional 80,701 shares during the quarter. Graham Capital Management L.P. owned about 0.08% of Anywhere Real Estate worth $305,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its holdings in shares of Anywhere Real Estate by 8.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 5,861,712 shares of the company's stock valued at $19,344,000 after acquiring an additional 433,960 shares in the last quarter. D. E. Shaw & Co. Inc. increased its holdings in shares of Anywhere Real Estate by 10.5% during 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 acquiring an additional 517,606 shares in the last quarter. Gator Capital Management LLC increased its holdings in shares of Anywhere Real Estate by 42.8% during the fourth quarter. Gator Capital Management LLC now owns 2,525,050 shares of the company's stock valued at $8,333,000 after acquiring an additional 756,800 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Anywhere Real Estate by 3.4% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,504,807 shares of the company's stock valued at $4,966,000 after acquiring an additional 48,992 shares in the last quarter. Finally, Barclays PLC increased its holdings in shares of Anywhere Real Estate by 725.7% during the third quarter. Barclays PLC now owns 1,436,706 shares of the company's stock valued at $7,297,000 after acquiring an additional 1,262,714 shares in the last quarter. 97.56% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Anywhere Real Estate Stock Up 3.7%

Anywhere Real Estate stock traded up $0.12 during trading on Friday, hitting $3.34. 1,397,445 shares of the company were exchanged, compared to its average volume of 1,317,099. The business's 50 day moving average is $3.41 and its 200 day moving average is $3.67. Anywhere Real Estate Inc. has a 52 week low of $2.71 and a 52 week high of $5.95. The company has a market capitalization of $373.43 million, a P/E ratio of -2.88 and a beta of 1.87. 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 (NYSE:HOUS - Get Free Report) last announced its quarterly earnings results 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). Anywhere Real Estate had a negative return on equity of 5.88% and a negative net margin of 2.25%. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter last year, the company posted ($0.91) EPS. The company's quarterly revenue was up 6.9% compared to the same quarter last year. 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.