Anywhere Real Estate (NYSE:HOUS) Given New $4.50 Price Target at Barclays

Anywhere Real Estate (NYSE:HOUS) had its target price lowered by Barclays from $5.00 to $4.50 in a report released on Friday morning, Benzinga reports. Barclays currently has an underweight rating on the stock.

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

Anywhere Real Estate Stock Up 3.2 %

HOUS stock opened at $5.18 on Friday. The stock has a market cap of $575.39 million, a P/E ratio of -9.25 and a beta of 2.46. The company has a current ratio of 0.30, a quick ratio of 0.37 and a debt-to-equity ratio of 1.37. The stock’s fifty day simple moving average is $5.75 and its two-hundred day simple moving average is $6.10. Anywhere Real Estate has a 1-year low of $4.09 and a 1-year high of $9.43.

Anywhere Real Estate (NYSE:HOUS) last issued its quarterly earnings results on Thursday, February 15th. The company reported ($0.32) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.07. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.27 billion. Anywhere Real Estate had a negative net margin of 1.07% and a negative return on equity of 6.21%. The firm’s quarterly revenue was down 5.5% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.85) EPS. Analysts expect that Anywhere Real Estate will post -0.04 EPS for the current year.

Institutional Trading of Anywhere Real Estate

Several hedge funds and other institutional investors have recently modified their holdings of HOUS. SummerHaven Investment Management LLC raised its holdings in Anywhere Real Estate by 1.5% during the 4th quarter. SummerHaven Investment Management LLC now owns 101,976 shares of the company’s stock valued at $827,000 after acquiring an additional 1,477 shares during the period. Swiss National Bank raised its stake in shares of Anywhere Real Estate by 1.0% during the 3rd quarter. Swiss National Bank now owns 218,400 shares of the company’s stock valued at $1,404,000 after purchasing an additional 2,200 shares during the period. Illinois Municipal Retirement Fund lifted its holdings in Anywhere Real Estate by 3.8% during the 4th quarter. Illinois Municipal Retirement Fund now owns 60,050 shares of the company’s stock worth $487,000 after purchasing an additional 2,201 shares in the last quarter. Nemes Rush Group LLC boosted its stake in Anywhere Real Estate by 20.0% in the 3rd quarter. Nemes Rush Group LLC now owns 15,000 shares of the company’s stock worth $96,000 after purchasing an additional 2,500 shares during the period. Finally, Frazier Financial Advisors LLC bought a new stake in Anywhere Real Estate during the fourth quarter valued at $28,000. 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.