Penserra Capital Management LLC Reduces Position in Anywhere Real Estate Inc. (NYSE:HOUS)

Penserra Capital Management LLC trimmed its holdings in shares of Anywhere Real Estate Inc. (NYSE:HOUS) by 11.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 58,068 shares of the company’s stock after selling 7,256 shares during the quarter. Penserra Capital Management LLC owned 0.05% of Anywhere Real Estate worth $193,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Invesco Ltd. boosted its stake in Anywhere Real Estate by 1.9% in the fourth quarter. Invesco Ltd. now owns 179,612 shares of the company’s stock valued at $593,000 after acquiring an additional 3,327 shares during the period. Mitsubishi UFJ Trust & Banking Corp boosted 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 period. Price T Rowe Associates Inc. MD boosted its stake in Anywhere Real Estate by 6.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 98,659 shares of the company’s stock valued at $326,000 after acquiring an additional 6,192 shares during the period. Hsbc Holdings PLC boosted its stake in Anywhere Real Estate by 5.1% in the fourth quarter. Hsbc Holdings PLC now owns 170,263 shares of the company’s stock valued at $570,000 after acquiring an additional 8,339 shares during the period. Finally, ProShare Advisors LLC boosted its stake in Anywhere Real Estate by 49.0% in the fourth quarter. ProShare Advisors LLC now owns 27,640 shares of the company’s stock valued at $91,000 after acquiring an additional 9,095 shares during the period. 97.56% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods reduced their price objective 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.

Anywhere Real Estate Stock Performance

Shares of NYSE HOUS opened at $4.07 on Friday. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 1.45. The stock has a 50 day simple moving average of $3.68 and a 200-day simple moving average of $3.52. The company has a market cap of $455.07 million, a PE ratio of -4.28 and a beta of 1.73. Anywhere Real Estate Inc. has a 12-month low of $2.71 and a 12-month high of $5.95.

Anywhere Real Estate (NYSE:HOUS) last issued its quarterly earnings data on Tuesday, April 29th. The company reported ($0.57) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.51) by ($0.06). The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.13 billion. Anywhere Real Estate had a negative return on equity of 4.44% and a negative net margin of 1.82%. The business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.91) earnings per share. On average, equities research analysts forecast that Anywhere Real Estate Inc. will post 0.05 EPS for the current year.

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.