Millennium Management LLC Sells 915,227 Shares of Anywhere Real Estate Inc. (NYSE:HOUS)

Millennium Management LLC lessened its holdings in shares of Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) by 40.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,366,094 shares of the company's stock after selling 915,227 shares during the period. Millennium Management LLC owned about 1.23% of Anywhere Real Estate worth $4,508,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Mraz Amerine & Associates Inc. acquired a new position in shares of Anywhere Real Estate during the 4th quarter worth approximately $33,000. RPO LLC bought a new position in Anywhere Real Estate in the fourth quarter valued at approximately $43,000. AXQ Capital LP bought a new position in Anywhere Real Estate in the fourth quarter valued at approximately $49,000. First Trust Advisors LP bought a new position in Anywhere Real Estate in the fourth quarter valued at approximately $50,000. Finally, KLP Kapitalforvaltning AS bought a new position in Anywhere Real Estate in the fourth quarter valued at approximately $73,000. Institutional investors and hedge funds own 97.56% of the company's stock.

Wall Street Analyst Weigh In

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

Anywhere Real Estate Price Performance

Shares of NYSE HOUS remained flat at $3.50 during midday trading on Friday. 1,343,818 shares of the company's stock were exchanged, compared to its average volume of 1,296,031. The company's 50 day moving average price is $3.37 and its 200-day moving average price is $3.65. The stock has a market capitalization of $391.32 million, a PE ratio of -3.02 and a beta of 1.87. Anywhere Real Estate Inc. has a 12-month low of $2.71 and a 12-month high of $5.95. 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 posted its earnings results on Tuesday, April 29th. The company reported ($0.57) earnings per share for the quarter, missing analysts' consensus estimates of ($0.51) by ($0.06). The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.91) EPS. On average, equities research analysts anticipate that Anywhere Real Estate Inc. will post 0.05 EPS for the current year.

Anywhere Real Estate Company 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.