RPD Fund Management LLC Invests $17.14 Million in Anywhere Real Estate Inc. (NYSE:HOUS)

RPD Fund Management LLC bought a new stake in shares of Anywhere Real Estate Inc. (NYSE:HOUS - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 5,193,028 shares of the company's stock, valued at approximately $17,137,000. Anywhere Real Estate accounts for 7.0% of RPD Fund Management LLC's portfolio, making the stock its 6th biggest position. RPD Fund Management LLC owned 4.67% of Anywhere Real Estate at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Mraz Amerine & Associates Inc. acquired a new stake in shares of Anywhere Real Estate in the fourth quarter valued at $33,000. RPO LLC acquired a new position in shares of Anywhere Real Estate during the fourth quarter worth about $43,000. AXQ Capital LP acquired a new stake in Anywhere Real Estate in the fourth quarter valued at approximately $49,000. First Trust Advisors LP acquired a new position in Anywhere Real Estate during the 4th quarter worth approximately $50,000. Finally, Empirical Asset Management LLC acquired a new stake in shares of Anywhere Real Estate in the 4th quarter valued at $52,000. 97.56% of the stock is owned by institutional investors and hedge funds.

Anywhere Real Estate Stock Performance

Shares of HOUS stock traded down $0.33 during mid-day trading on Wednesday, hitting $3.38. 450,037 shares of the stock were exchanged, compared to its average volume of 1,316,730. Anywhere Real Estate Inc. has a 12-month low of $2.71 and a 12-month high of $5.95. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.36 and a current ratio of 0.33. The stock has a market capitalization of $377.34 million, a price-to-earnings ratio of -2.93 and a beta of 1.87. The stock's fifty day simple moving average is $3.42 and its two-hundred day simple moving average is $3.68.

Anywhere Real Estate (NYSE:HOUS - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The company reported ($0.57) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.51) by ($0.06). Anywhere Real Estate had a negative return on equity of 5.88% and a negative net margin of 2.25%. The company had revenue of $1.20 billion for the quarter, compared to analysts' expectations of $1.13 billion. During the same period in the prior year, the business earned ($0.91) EPS. The business's quarterly revenue was up 6.9% compared to the same quarter last year. On average, analysts forecast that Anywhere Real Estate Inc. will post 0.05 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods dropped their price objective on Anywhere Real Estate from $5.00 to $4.50 and set a "market perform" rating on the stock in a report on Monday, April 28th.

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.