ProShare Advisors LLC Grows Stock Position in Anywhere Real Estate Inc. (NYSE:HOUS)

ProShare Advisors LLC grew its holdings in shares of Anywhere Real Estate Inc. (NYSE:HOUS) by 49.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,640 shares of the company’s stock after purchasing an additional 9,095 shares during the quarter. ProShare Advisors LLC’s holdings in Anywhere Real Estate were worth $91,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Barclays PLC grew its stake in shares of Anywhere Real Estate by 725.7% during the 3rd quarter. Barclays PLC now owns 1,436,706 shares of the company’s stock valued at $7,297,000 after acquiring an additional 1,262,714 shares during the period. Empowered Funds LLC grew its stake in shares of Anywhere Real Estate by 5.1% during the 4th quarter. Empowered Funds LLC now owns 576,064 shares of the company’s stock valued at $1,901,000 after acquiring an additional 28,079 shares during the period. Mraz Amerine & Associates Inc. bought a new position in shares of Anywhere Real Estate during the 4th quarter valued at approximately $33,000. Ieq Capital LLC bought a new position in shares of Anywhere Real Estate during the 4th quarter valued at approximately $206,000. Finally, Raymond James Financial Inc. bought a new position in shares of Anywhere Real Estate during 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 Performance

NYSE:HOUS opened at $3.53 on Wednesday. The stock’s fifty day moving average is $3.37 and its 200 day moving average is $3.64. Anywhere Real Estate Inc. has a fifty-two week low of $2.71 and a fifty-two week high of $5.95. The firm has a market capitalization of $394.11 million, a PE ratio of -3.04 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 (NYSE:HOUS) last released 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 return on equity of 5.88% and a negative net margin of 2.25%. The business had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter in the previous year, the business earned ($0.91) EPS. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. On average, sell-side analysts anticipate that Anywhere Real Estate Inc. will post 0.05 earnings per share for the current year.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods dropped their price target 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.

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.