Franklin Resources Inc. Has $2.52 Million Stake in Anywhere Real Estate Inc. (NYSE:HOUS)

Franklin Resources Inc. lifted its stake in shares of Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) by 198.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 762,767 shares of the company's stock after purchasing an additional 507,396 shares during the period. Franklin Resources Inc. owned approximately 0.69% of Anywhere Real Estate worth $2,517,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. FMR LLC boosted its position in Anywhere Real Estate by 32.1% in the 3rd quarter. FMR LLC now owns 612,697 shares of the company's stock valued at $3,113,000 after buying an additional 148,938 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Anywhere Real Estate by 4.2% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 245,270 shares of the company's stock worth $1,246,000 after purchasing an additional 9,958 shares during the last quarter. Barclays PLC boosted its stake in shares of Anywhere Real Estate by 725.7% in the 3rd quarter. Barclays PLC now owns 1,436,706 shares of the company's stock valued at $7,297,000 after purchasing an additional 1,262,714 shares during the last quarter. Virtu Financial LLC lifted its holdings in Anywhere Real Estate by 24.6% in the third quarter. Virtu Financial LLC now owns 15,305 shares of the company's stock valued at $78,000 after buying an additional 3,022 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in Anywhere Real Estate by 12.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,475,022 shares of the company's stock worth $7,493,000 after acquiring an additional 159,364 shares during the period. 97.56% of the stock is owned by institutional investors.

Anywhere Real Estate Trading Down 0.8 %

Anywhere Real Estate stock traded down $0.03 during midday trading on Friday, hitting $2.98. 854,112 shares of the stock were exchanged, compared to its average volume of 1,345,242. Anywhere Real Estate Inc. has a 52 week low of $2.71 and a 52 week high of $5.95. The company has a quick ratio of 0.36, a current ratio of 0.33 and a debt-to-equity ratio of 1.38. The stock has a market capitalization of $332.59 million, a PE ratio of -2.56 and a beta of 2.05. The company has a fifty day simple moving average of $3.49 and a two-hundred day simple moving average of $3.84.

Anywhere Real Estate (NYSE:HOUS - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.36) by ($0.09). The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.28 billion. Anywhere Real Estate had a negative net margin of 2.25% and a negative return on equity of 5.88%. Equities research analysts anticipate that Anywhere Real Estate Inc. will post 0.05 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Barclays reduced their price target on Anywhere Real Estate from $4.00 to $3.00 and set an "underweight" rating on the stock in a research report on Thursday, January 16th.

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.