MetLife Investment Management LLC Acquires 21,633 Shares of Anywhere Real Estate Inc. $HOUS

MetLife Investment Management LLC lifted its holdings in Anywhere Real Estate Inc. (NYSE:HOUS) by 60.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 57,265 shares of the company’s stock after purchasing an additional 21,633 shares during the quarter. MetLife Investment Management LLC owned about 0.05% of Anywhere Real Estate worth $191,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Nuveen LLC acquired a new position in shares of Anywhere Real Estate in the first quarter valued at approximately $1,103,000. Charles Schwab Investment Management Inc. lifted its position in Anywhere Real Estate by 111.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,280,470 shares of the company’s stock valued at $7,594,000 after acquiring an additional 1,200,823 shares in the last quarter. Avantax Advisory Services Inc. acquired a new position in Anywhere Real Estate in the 1st quarter worth $43,000. SG Americas Securities LLC boosted its stake in Anywhere Real Estate by 5,654.0% in the 1st quarter. SG Americas Securities LLC now owns 1,146,715 shares of the company’s stock worth $3,819,000 after purchasing an additional 1,126,786 shares during the period. Finally, Deutsche Bank AG increased its holdings in Anywhere Real Estate by 30.5% during the 4th quarter. Deutsche Bank AG now owns 133,819 shares of the company’s stock worth $442,000 after purchasing an additional 31,282 shares in the last quarter. 97.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Anywhere Real Estate Stock Performance

HOUS opened at $6.12 on Wednesday. Anywhere Real Estate Inc. has a 52-week low of $2.71 and a 52-week high of $6.63. The firm has a market capitalization of $685.56 million, a PE ratio of -6.24 and a beta of 1.66. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.52 and a current ratio of 0.52. The business’s 50-day simple moving average is $5.06 and its 200 day simple moving average is $4.04.

Anywhere Real Estate (NYSE:HOUS) last released its earnings results on Tuesday, July 29th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter in the previous year, the company posted $0.27 EPS. The business’s revenue was up .8% on a year-over-year basis. As a group, sell-side analysts expect that Anywhere Real Estate Inc. will post 0.05 earnings per share for the current fiscal 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.