BNP Paribas Financial Markets Sells 68,207 Shares of Anywhere Real Estate Inc. (NYSE:HOUS)

BNP Paribas Financial Markets cut its holdings in Anywhere Real Estate Inc. (NYSE:HOUS) by 33.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 138,633 shares of the company’s stock after selling 68,207 shares during the quarter. BNP Paribas Financial Markets owned about 0.12% of Anywhere Real Estate worth $457,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Barclays PLC lifted its position in Anywhere Real Estate by 725.7% during the third quarter. Barclays PLC now owns 1,436,706 shares of the company’s stock valued at $7,297,000 after purchasing an additional 1,262,714 shares during the period. Empowered Funds LLC increased its stake in shares of Anywhere Real Estate by 5.1% in the 4th quarter. Empowered Funds LLC now owns 576,064 shares of the company’s stock worth $1,901,000 after acquiring an additional 28,079 shares during the last quarter. Mraz Amerine & Associates Inc. purchased a new stake in shares of Anywhere Real Estate in the 4th quarter valued at approximately $33,000. Ieq Capital LLC purchased a new stake in Anywhere Real Estate in the fourth quarter valued at $206,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Anywhere Real Estate in the 4th quarter valued at approximately $543,000. Hedge funds and other institutional investors own 97.56% of the company’s stock.

Anywhere Real Estate Stock Up 3.7%

Shares of NYSE:HOUS opened at $3.34 on Monday. Anywhere Real Estate Inc. has a twelve month low of $2.71 and a twelve month high of $5.95. The company has a market capitalization of $373.43 million, a PE ratio of -2.88 and a beta of 1.87. The company has a current ratio of 0.33, a quick ratio of 0.36 and a debt-to-equity ratio of 1.38. The firm has a 50 day simple moving average of $3.41 and a 200-day simple moving average of $3.66.

Anywhere Real Estate (NYSE:HOUS) last announced its earnings results on Tuesday, April 29th. The company reported ($0.57) EPS 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 during the quarter, compared to analyst estimates of $1.13 billion. During the same period in the previous year, the firm earned ($0.91) earnings per share. The business’s revenue was up 6.9% compared to the same quarter last year. On average, equities analysts predict that Anywhere Real Estate Inc. will post 0.05 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods lowered 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 note 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.