American Century Companies Inc. Lowers Position in Anywhere Real Estate Inc. $HOUS

American Century Companies Inc. lowered its holdings in Anywhere Real Estate Inc. (NYSE:HOUS) by 10.5% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 148,070 shares of the company’s stock after selling 17,332 shares during the period. American Century Companies Inc. owned approximately 0.13% of Anywhere Real Estate worth $493,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of HOUS. Wells Fargo & Company MN raised its stake in Anywhere Real Estate by 25.2% in the fourth 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 in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Anywhere Real Estate during the 4th quarter valued at $543,000. First Trust Advisors LP purchased a new stake in shares of Anywhere Real Estate during the 4th quarter valued at $50,000. Price T Rowe Associates Inc. MD raised its position in shares of Anywhere Real Estate by 6.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 98,659 shares of the company’s stock valued at $326,000 after buying an additional 6,192 shares in the last quarter. Finally, Northern Trust Corp raised its position in shares of Anywhere Real Estate by 3.8% during the 4th quarter. Northern Trust Corp now owns 1,012,887 shares of the company’s stock valued at $3,343,000 after buying an additional 37,092 shares in the last quarter. 97.56% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on HOUS shares. Barclays raised their price target on Anywhere Real Estate from $3.00 to $3.50 and gave the company an “underweight” rating in a research report on Wednesday, July 30th. Wall Street Zen cut Anywhere Real Estate from a “hold” rating to a “sell” rating in a report on Saturday, August 2nd. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $4.00.

Anywhere Real Estate Price Performance

Shares of Anywhere Real Estate stock opened at $6.46 on Friday. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.52 and a quick ratio of 0.52. The business’s 50 day simple moving average is $4.95 and its two-hundred day simple moving average is $4.01. The stock has a market capitalization of $723.09 million, a P/E ratio of -6.59 and a beta of 1.66. Anywhere Real Estate Inc. has a one year low of $2.71 and a one year high of $6.63.

Anywhere Real Estate (NYSE:HOUS) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). Anywhere Real Estate had a negative return on equity of 4.57% and a negative net margin of 1.87%.The company had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.77 billion. During the same period last year, the firm earned $0.27 earnings per share. Anywhere Real Estate’s revenue for the quarter was up .8% on a year-over-year basis. Analysts forecast that Anywhere Real Estate Inc. will post 0.05 EPS for the current year.

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.