Readystate Asset Management LP Buys 139,626 Shares of Anywhere Real Estate Inc. (NYSE:HOUS)

Readystate Asset Management LP boosted its position in Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) by 24.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 705,334 shares of the company's stock after buying an additional 139,626 shares during the period. Readystate Asset Management LP owned approximately 0.63% of Anywhere Real Estate worth $2,349,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Ballentine Partners LLC bought a new position in Anywhere Real Estate in the 1st quarter valued at about $39,000. RPO LLC bought a new position in Anywhere Real Estate in the 4th quarter valued at about $43,000. AXQ Capital LP bought a new position in Anywhere Real Estate in the 4th quarter valued at about $49,000. First Trust Advisors LP bought a new position in Anywhere Real Estate in the 4th quarter valued at about $50,000. Finally, Pallas Capital Advisors LLC bought a new position in Anywhere Real Estate in the 1st quarter valued at about $52,000. Institutional investors own 97.56% of the company's stock.

Analyst Upgrades and Downgrades

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

Anywhere Real Estate Stock Up 2.5%

HOUS stock traded up $0.12 during trading on Friday, reaching $4.75. The stock had a trading volume of 1,143,518 shares, compared to its average volume of 1,040,435. Anywhere Real Estate Inc. has a one year low of $2.71 and a one year high of $5.95. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 1.45. The company's 50 day moving average is $3.79 and its two-hundred day moving average is $3.59. The company has a market capitalization of $530.54 million, a price-to-earnings ratio of -4.99 and a beta of 1.73.

Anywhere Real Estate (NYSE:HOUS - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported ($0.57) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.51) by ($0.06). Anywhere Real Estate had a negative return on equity of 4.44% and a negative net margin of 1.82%. The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same period in the previous year, the company posted ($0.91) earnings per share. The company's revenue for the quarter was up 6.9% on a year-over-year basis. Equities research analysts forecast that Anywhere Real Estate Inc. will post 0.05 EPS for the current year.

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.