Raymond James Financial Inc. Takes Position in Anywhere Real Estate Inc. (NYSE:HOUS)

Raymond James Financial Inc. bought a new position in shares of Anywhere Real Estate Inc. (NYSE:HOUS) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 164,582 shares of the company’s stock, valued at approximately $543,000. Raymond James Financial Inc. owned approximately 0.15% of Anywhere Real Estate as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Invesco Ltd. raised its stake in shares of Anywhere Real Estate by 1.9% during the 4th quarter. Invesco Ltd. now owns 179,612 shares of the company’s stock worth $593,000 after purchasing an additional 3,327 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp lifted its stake in Anywhere Real Estate by 1.9% in the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 236,696 shares of the company’s stock valued at $781,000 after acquiring an additional 4,490 shares during the last quarter. Mraz Amerine & Associates Inc. bought a new position in shares of Anywhere Real Estate in the 4th quarter valued at about $33,000. Virtu Financial LLC increased its stake in shares of Anywhere Real Estate by 71.2% during the 4th quarter. Virtu Financial LLC now owns 26,200 shares of the company’s stock worth $86,000 after purchasing an additional 10,895 shares during the last quarter. Finally, Wells Fargo & Company MN raised its holdings in shares of Anywhere Real Estate by 25.2% in the 4th quarter. Wells Fargo & Company MN now owns 58,507 shares of the company’s stock valued at $193,000 after purchasing an additional 11,779 shares during the period. 97.56% of the stock is owned by institutional investors and hedge funds.

Anywhere Real Estate Stock Down 1.2 %

Shares of HOUS opened at $3.67 on Friday. The firm has a market cap of $409.73 million, a P/E ratio of -3.16 and a beta of 1.87. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.36 and a current ratio of 0.33. Anywhere Real Estate Inc. has a 52 week low of $2.71 and a 52 week high of $5.95. The firm’s 50-day simple moving average is $3.38 and its 200 day simple moving average is $3.69.

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

Wall Street Analyst Weigh In

HOUS has been the topic of a number of recent analyst reports. Barclays lowered their price target on Anywhere Real Estate from $4.00 to $3.00 and set an “underweight” rating on the stock in a research report on Thursday, January 16th. Keefe, Bruyette & Woods dropped their price target on Anywhere Real Estate from $5.00 to $4.50 and set a “market perform” rating on the stock in a research note on Monday, April 28th.

Anywhere Real Estate Company 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.