Anywhere Real Estate Inc. (NYSE:HOUS) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lessened its holdings in Anywhere Real Estate Inc. (NYSE:HOUS) by 14.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,295,896 shares of the company’s stock after selling 211,983 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.16% of Anywhere Real Estate worth $6,583,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of HOUS. Headlands Technologies LLC acquired a new stake in Anywhere Real Estate during the 2nd quarter worth $40,000. Ballentine Partners LLC purchased a new position in shares of Anywhere Real Estate during the 3rd quarter worth $62,000. Versor Investments LP purchased a new stake in Anywhere Real Estate in the 2nd quarter valued at about $54,000. Nemes Rush Group LLC raised its holdings in Anywhere Real Estate by 16.7% in the 2nd quarter. Nemes Rush Group LLC now owns 17,500 shares of the company’s stock valued at $58,000 after buying an additional 2,500 shares during the period. Finally, First Trust Direct Indexing L.P. raised its holdings in Anywhere Real Estate by 86.4% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 19,146 shares of the company’s stock valued at $97,000 after buying an additional 8,877 shares during the period. Institutional investors and hedge funds own 97.56% of the company’s stock.

Anywhere Real Estate Price Performance

HOUS stock opened at $4.55 on Thursday. The company has a market capitalization of $505.69 million, a P/E ratio of -2.93 and a beta of 2.31. Anywhere Real Estate Inc. has a twelve month low of $3.01 and a twelve month high of $8.40. The business has a 50 day simple moving average of $4.41 and a 200-day simple moving average of $4.38. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 1.34.

Anywhere Real Estate (NYSE:HOUS) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.18). Anywhere Real Estate had a negative return on equity of 6.46% and a negative net margin of 3.06%. The company had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter last year, the company earned $0.15 EPS. Anywhere Real Estate’s revenue for the quarter was down 3.1% compared to the same quarter last year. As a group, equities analysts anticipate that Anywhere Real Estate Inc. will post -0.7 EPS for the current year.

Analyst Ratings Changes

Separately, Barclays boosted their price target on shares of Anywhere Real Estate from $3.50 to $4.00 and gave the stock an “underweight” rating in a research note on Wednesday.

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.