Cibc World Markets Corp Invests $2.23 Million in Anywhere Real Estate Inc. (NYSE:HOUS)

Cibc World Markets Corp purchased a new stake in shares of Anywhere Real Estate Inc. (NYSE:HOUSFree Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 275,000 shares of the company’s stock, valued at approximately $2,230,000. Cibc World Markets Corp owned about 0.25% of Anywhere Real Estate at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the stock. Frazier Financial Advisors LLC acquired a new position in shares of Anywhere Real Estate in the fourth quarter valued at approximately $28,000. GAMMA Investing LLC acquired a new position in Anywhere Real Estate in the 4th quarter valued at approximately $31,000. Nisa Investment Advisors LLC raised its stake in shares of Anywhere Real Estate by 609.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 6,240 shares of the company’s stock valued at $51,000 after acquiring an additional 5,360 shares during the last quarter. Evergreen Capital Management LLC acquired a new position in shares of Anywhere Real Estate during the third quarter worth $65,000. Finally, QRG Capital Management Inc. bought a new stake in shares of Anywhere Real Estate in the third quarter worth $69,000. 97.56% of the stock is currently owned by institutional investors and hedge funds.

Anywhere Real Estate Price Performance

Anywhere Real Estate stock opened at $3.82 on Monday. Anywhere Real Estate Inc. has a 52-week low of $3.58 and a 52-week high of $9.43. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.30 and a current ratio of 0.30. The stock’s 50 day moving average price is $5.06 and its two-hundred day moving average price is $6.09.

Anywhere Real Estate (NYSE:HOUSGet Free Report) last posted its quarterly earnings results on Thursday, April 25th. The company reported ($0.79) EPS for the quarter, missing analysts’ consensus estimates of ($0.68) by ($0.11). Anywhere Real Estate had a negative return on equity of 6.21% and a negative net margin of 1.07%. The company 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) earnings per share. The company’s revenue for the quarter was down .4% compared to the same quarter last year. As a group, equities analysts forecast that Anywhere Real Estate Inc. will post -0.32 EPS for the current year.

Analysts Set New Price Targets

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

Check Out Our Latest Report on HOUS

About Anywhere Real Estate

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Anywhere Real Estate (NYSE:HOUS)

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