Anywhere Real Estate (NYSE:HOUS) PT Lowered to $4.50

Anywhere Real Estate (NYSE:HOUS - Free Report) had its price target decreased by Barclays from $5.00 to $4.50 in a research note released on Friday, Benzinga reports. Barclays currently has an underweight rating on the stock.

Separately, Stephens increased their price target on shares of Anywhere Real Estate from $5.50 to $8.00 and gave the company an equal weight rating in a research report on Friday, February 16th.

Anywhere Real Estate Stock Up 3.2 %

NYSE:HOUS traded up $0.16 on Friday, hitting $5.18. The stock had a trading volume of 1,299,022 shares, compared to its average volume of 1,120,768. Anywhere Real Estate has a 1 year low of $4.09 and a 1 year high of $9.43. The firm's fifty day simple moving average is $5.75 and its two-hundred day simple moving average is $6.09. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.37 and a current ratio of 0.37. The stock has a market cap of $575.39 million, a P/E ratio of -5.69 and a beta of 2.46.

Anywhere Real Estate (NYSE:HOUS - Get Free Report) last issued its quarterly earnings results on Thursday, February 15th. The company reported ($0.32) EPS for the quarter, beating analysts' consensus estimates of ($0.39) by $0.07. Anywhere Real Estate had a negative return on equity of 7.23% and a negative net margin of 1.72%. The company had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same period last year, the business posted ($0.85) earnings per share. Anywhere Real Estate's revenue was down 5.5% on a year-over-year basis. Analysts predict that Anywhere Real Estate will post -0.04 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in HOUS. New York State Teachers Retirement System grew its stake in Anywhere Real Estate by 6.9% in the 3rd quarter. New York State Teachers Retirement System now owns 141,293 shares of the company's stock valued at $909,000 after buying an additional 9,134 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Anywhere Real Estate by 55.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 24,745 shares of the company's stock valued at $159,000 after purchasing an additional 8,834 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in Anywhere Real Estate by 1,109.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 10,387 shares of the company's stock worth $67,000 after purchasing an additional 9,528 shares in the last quarter. Olympiad Research LP bought a new position in Anywhere Real Estate in the 3rd quarter worth about $87,000. Finally, Syon Capital LLC purchased a new position in Anywhere Real Estate during the 3rd quarter valued at about $92,000. Institutional investors own 97.56% of the company's stock.

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.