GAMMA Investing LLC Invests $31,000 in Anywhere Real Estate Inc. (NYSE:HOUS)

GAMMA Investing LLC bought a new stake in Anywhere Real Estate Inc. (NYSE:HOUS) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 3,883 shares of the company’s stock, valued at approximately $31,000.

A number of other large investors have also recently bought and sold shares of the stock. New York State Teachers Retirement System raised its holdings in shares of Anywhere Real Estate by 6.9% in the third quarter. New York State Teachers Retirement System now owns 141,293 shares of the company’s stock worth $909,000 after acquiring an additional 9,134 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Anywhere Real Estate by 55.5% in 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 last quarter. Allspring Global Investments Holdings LLC lifted its holdings in Anywhere Real Estate by 1,109.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 10,387 shares of the company’s stock valued at $67,000 after purchasing an additional 9,528 shares in the last quarter. Olympiad Research LP purchased a new position in Anywhere Real Estate in the 3rd quarter valued at about $87,000. Finally, Syon Capital LLC acquired a new stake in shares of Anywhere Real Estate during the 3rd quarter worth about $92,000. Institutional investors and hedge funds own 97.56% of the company’s stock.

Anywhere Real Estate Stock Down 1.0 %

Shares of HOUS opened at $5.04 on Monday. Anywhere Real Estate Inc. has a fifty-two week low of $4.09 and a fifty-two week high of $9.43. The company’s fifty day moving average is $5.61 and its two-hundred day moving average is $6.10. The firm has a market cap of $559.84 million, a PE ratio of -9.00 and a beta of 2.48. The company has a quick ratio of 0.37, a current ratio of 0.30 and a debt-to-equity ratio of 1.37.

Anywhere Real Estate (NYSE:HOUS) last issued its earnings results on Thursday, April 25th. The company reported ($0.79) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.68) by ($0.11). Anywhere Real Estate had a negative net margin of 1.07% and a negative return on equity of 6.21%. The firm had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the business posted ($0.96) EPS. Anywhere Real Estate’s revenue was down .4% compared to the same quarter last year. Analysts forecast that Anywhere Real Estate Inc. will post -0.04 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Barclays cut their price target on Anywhere Real Estate from $5.00 to $4.50 and set an “underweight” rating for the company in a report on Friday, April 26th. Stephens lifted their price target on Anywhere Real Estate from $5.50 to $8.00 and gave the company an “equal weight” rating in a report on Friday, February 16th.

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.