Anywhere Real Estate Inc. (NYSE:HOUS) Shares Bought by Readystate Asset Management LP

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

A number of other hedge funds also recently bought and sold shares of HOUS. RPD Fund Management LLC acquired a new position in shares of Anywhere Real Estate during the fourth quarter valued at approximately $17,137,000. SG Americas Securities LLC grew its position in shares of Anywhere Real Estate by 5,654.0% in the first 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. Gator Capital Management LLC grew its position in shares of Anywhere Real Estate by 42.8% in the fourth quarter. Gator Capital Management LLC now owns 2,525,050 shares of the company's stock valued at $8,333,000 after purchasing an additional 756,800 shares in the last quarter. D. E. Shaw & Co. Inc. grew its position in shares of Anywhere Real Estate by 10.5% in 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 purchasing an additional 517,606 shares in the last quarter. Finally, Franklin Resources Inc. grew its position in shares of Anywhere Real Estate by 198.7% in the fourth quarter. Franklin Resources Inc. now owns 762,767 shares of the company's stock valued at $2,517,000 after purchasing an additional 507,396 shares in the last quarter. Hedge funds and other institutional investors own 97.56% of the company's stock.

Wall Street Analysts Forecast Growth

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

Anywhere Real Estate Trading Down 1.3%

Anywhere Real Estate stock traded down $0.06 during mid-day trading on Thursday, hitting $4.64. The company's stock had a trading volume of 1,166,813 shares, compared to its average volume of 1,106,729. The firm has a market capitalization of $518.91 million, a PE ratio of -4.89 and a beta of 1.73. Anywhere Real Estate Inc. has a 1 year low of $2.71 and a 1 year high of $5.95. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 1.45. The stock's fifty day moving average is $3.75 and its two-hundred day moving average is $3.57.

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 for the quarter, missing the consensus estimate of ($0.51) by ($0.06). The business had revenue of $1.20 billion during the quarter, compared to analysts' expectations of $1.13 billion. Anywhere Real Estate had a negative return on equity of 4.44% and a negative net margin of 1.82%. The company's revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.91) earnings per share. On average, 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.