Anywhere Real Estate Inc. (NYSE:HOUS) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered its holdings in Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) by 41.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 856,607 shares of the company's stock after selling 618,415 shares during the quarter. JPMorgan Chase & Co. owned 0.77% of Anywhere Real Estate worth $2,827,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of HOUS. Barclays PLC raised its stake in shares of Anywhere Real Estate by 725.7% in the third quarter. Barclays PLC now owns 1,436,706 shares of the company's stock worth $7,297,000 after purchasing an additional 1,262,714 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Anywhere Real Estate in the fourth quarter worth $543,000. Ieq Capital LLC bought a new position in Anywhere Real Estate in the fourth quarter valued at about $206,000. Nordea Investment Management AB grew its stake in shares of Anywhere Real Estate by 5.7% during the 4th quarter. Nordea Investment Management AB now owns 647,506 shares of the company's stock valued at $2,208,000 after purchasing an additional 34,709 shares during the period. Finally, Riverbend Wealth Management LLC purchased a new stake in shares of Anywhere Real Estate during the 4th quarter valued at about $109,000. Hedge funds and other institutional investors own 97.56% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Barclays cut their price objective on shares of Anywhere Real Estate from $4.00 to $3.00 and set an "underweight" rating for the company in a report on Thursday, January 16th. Keefe, Bruyette & Woods lowered their target price 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.

Anywhere Real Estate Stock Performance

Shares of NYSE HOUS traded down $0.08 during midday trading on Monday, reaching $3.10. The company had a trading volume of 1,335,317 shares, compared to its average volume of 1,337,182. The business's 50-day simple moving average is $3.39 and its 200 day simple moving average is $3.73. The stock has a market cap of $346.56 million, a P/E ratio of -2.67 and a beta of 2.05. 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 0.33, a quick ratio of 0.36 and a debt-to-equity ratio of 1.38.

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