Wells Fargo & Company MN Raises Stock Holdings in Anywhere Real Estate Inc. (NYSE:HOUS)

Wells Fargo & Company MN raised its position in shares of Anywhere Real Estate Inc. (NYSE:HOUS) by 25.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 58,507 shares of the company’s stock after buying an additional 11,779 shares during the period. Wells Fargo & Company MN owned about 0.05% of Anywhere Real Estate worth $193,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Mraz Amerine & Associates Inc. bought a new position in shares of Anywhere Real Estate during the fourth quarter valued at approximately $33,000. RPO LLC purchased a new position in Anywhere Real Estate during the 4th quarter valued at $43,000. AXQ Capital LP bought a new position in Anywhere Real Estate in the 4th quarter worth $49,000. Empirical Asset Management LLC purchased a new stake in shares of Anywhere Real Estate in the 4th quarter worth about $52,000. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of Anywhere Real Estate during the 4th quarter valued at about $73,000. Hedge funds and other institutional investors own 97.56% of the company’s stock.

Anywhere Real Estate Stock Down 1.2 %

Shares of Anywhere Real Estate stock opened at $3.67 on Friday. Anywhere Real Estate Inc. has a 1 year low of $2.71 and a 1 year high of $5.95. The firm has a market cap of $409.73 million, a price-to-earnings ratio of -3.16 and a beta of 1.87. The company has a 50-day moving average of $3.38 and a 200 day moving average of $3.69. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.33 and a quick ratio of 0.36.

Anywhere Real Estate (NYSE:HOUS) last announced its earnings results on Tuesday, April 29th. The company reported ($0.57) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.51) by ($0.06). Anywhere Real Estate had a negative net margin of 2.25% and a negative return on equity of 5.88%. The business had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same period in the prior year, the business posted ($0.91) EPS. Anywhere Real Estate’s revenue for the quarter was up 6.9% on a year-over-year basis. As a group, sell-side analysts anticipate that Anywhere Real Estate Inc. will post 0.05 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently issued reports on HOUS. Barclays decreased their price target on shares of Anywhere Real Estate from $4.00 to $3.00 and set an “underweight” rating for the company in a research note on Thursday, January 16th. Keefe, Bruyette & Woods decreased their target price on Anywhere Real Estate from $5.00 to $4.50 and set a “market perform” rating for the company in a research report on Monday, April 28th.

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.