Vanguard Group Inc. Buys 60,440 Shares of Anywhere Real Estate Inc. $HOUS

Key Points

• Vanguard Group Inc. increased its stake in Anywhere Real Estate Inc. by 0.6%, owning over 10 million shares valued at approximately $33.6 million as of the end of the first quarter.
• Institutional investors collectively hold **97.56%** of Anywhere Real Estate, with notable changes including Federated Hermes expanding its position by 14.9% in the same period.
• Analysts have mixed ratings for the stock, with Barclays raising the price target to $3.50 while Wall Street Zen downgraded it to a "sell," reflecting cautious sentiment towards the company's performance.

Vanguard Group Inc. increased its holdings in Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) by 0.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,090,381 shares of the company's stock after purchasing an additional 60,440 shares during the quarter. Vanguard Group Inc. owned 9.03% of Anywhere Real Estate worth $33,601,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Ballentine Partners LLC purchased a new position in shares of Anywhere Real Estate during the first quarter valued at about $39,000. Avantax Advisory Services Inc. purchased a new position in shares of Anywhere Real Estate during the first quarter valued at about $43,000. First Trust Advisors LP purchased a new position in shares of Anywhere Real Estate during the fourth quarter valued at about $50,000. Pallas Capital Advisors LLC purchased a new position in shares of Anywhere Real Estate during the first quarter valued at about $52,000. Finally, Cetera Investment Advisers purchased a new position in shares of Anywhere Real Estate during the fourth quarter valued at about $77,000. Hedge funds and other institutional investors own 97.56% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on HOUS shares. Barclays boosted their price target on shares of Anywhere Real Estate from $3.00 to $3.50 and gave the company an "underweight" rating in a research report on Wednesday, July 30th. Wall Street Zen cut shares of Anywhere Real Estate from a "hold" rating to a "sell" rating in a research report on Saturday, August 2nd. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Reduce" and an average price target of $4.00.

Anywhere Real Estate Stock Down 2.0%

NYSE:HOUS traded down $0.13 during mid-day trading on Monday, hitting $6.11. 891,794 shares of the company's stock were exchanged, compared to its average volume of 1,349,978. Anywhere Real Estate Inc. has a one year low of $2.71 and a one year high of $6.63. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.52 and a quick ratio of 0.52. The business has a fifty day moving average price of $4.70 and a 200 day moving average price of $3.93. The company has a market cap of $683.88 million, a PE ratio of -6.23 and a beta of 1.66.

Anywhere Real Estate (NYSE:HOUS - Get Free Report) last issued its earnings results on Tuesday, July 29th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.02). The firm had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.77 billion. Anywhere Real Estate had a negative return on equity of 4.57% and a negative net margin of 1.87%.The company's quarterly revenue was up .8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.27 EPS. Equities analysts predict 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.