Wolverine Asset Management LLC Raises Stake in Anywhere Real Estate Inc. (NYSE:HOUS)

Wolverine Asset Management LLC lifted its position in shares of Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) by 1,414.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 315,779 shares of the company's stock after buying an additional 294,932 shares during the quarter. Wolverine Asset Management LLC owned approximately 0.29% of Anywhere Real Estate worth $2,561,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. GAMMA Investing LLC purchased a new position in shares of Anywhere Real Estate during the 4th quarter valued at $31,000. New York State Common Retirement Fund lifted its stake in shares of Anywhere Real Estate by 43.0% during the 4th quarter. New York State Common Retirement Fund now owns 45,442 shares of the company's stock valued at $369,000 after buying an additional 13,662 shares in the last quarter. Illinois Municipal Retirement Fund lifted its stake in shares of Anywhere Real Estate by 3.8% during the 4th quarter. Illinois Municipal Retirement Fund now owns 60,050 shares of the company's stock valued at $487,000 after buying an additional 2,201 shares in the last quarter. Federated Hermes Inc. lifted its stake in shares of Anywhere Real Estate by 56.0% during the 4th quarter. Federated Hermes Inc. now owns 780,272 shares of the company's stock valued at $6,328,000 after buying an additional 279,978 shares in the last quarter. Finally, Louisiana State Employees Retirement System purchased a new position in shares of Anywhere Real Estate during the 4th quarter valued at $448,000. Hedge funds and other institutional investors own 97.56% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Barclays boosted their price target on shares of Anywhere Real Estate from $4.50 to $5.00 and gave the stock an "underweight" rating in a research note on Tuesday, February 20th. Stephens upped their target price 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 Price Performance

Shares of NYSE HOUS traded down $0.12 during mid-day trading on Wednesday, hitting $5.41. 1,031,131 shares of the company's stock traded hands, compared to its average volume of 1,108,278. The company's 50-day moving average is $5.84 and its two-hundred day moving average is $6.10. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.37 and a quick ratio of 0.37. The company has a market capitalization of $600.94 million, a P/E ratio of -5.94 and a beta of 2.46. Anywhere Real Estate Inc. has a 1 year low of $4.09 and a 1 year high of $9.43.

Anywhere Real Estate (NYSE:HOUS - Get Free Report) last announced its earnings results on Thursday, February 15th. The company reported ($0.32) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.39) by $0.07. The firm had revenue of $1.25 billion for the quarter, compared to analysts' expectations of $1.27 billion. Anywhere Real Estate had a negative net margin of 1.72% and a negative return on equity of 7.23%. The business's revenue was down 5.5% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.85) EPS. On average, equities analysts anticipate that Anywhere Real Estate Inc. will post -0.03 EPS 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.