Ballentine Partners LLC Buys 3,014 Shares of Anywhere Real Estate Inc. $HOUS

Ballentine Partners LLC boosted its stake in shares of Anywhere Real Estate Inc. (NYSE:HOUS) by 25.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,822 shares of the company’s stock after acquiring an additional 3,014 shares during the period. Ballentine Partners LLC’s holdings in Anywhere Real Estate were worth $54,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in HOUS. Bank of America Corp DE increased its stake in Anywhere Real Estate by 34.2% during the 4th quarter. Bank of America Corp DE now owns 369,277 shares of the company’s stock worth $1,219,000 after acquiring an additional 94,118 shares during the period. Cetera Investment Advisers bought a new position in Anywhere Real Estate during the 4th quarter worth $77,000. ProShare Advisors LLC increased its stake in Anywhere Real Estate by 49.0% during the 4th quarter. ProShare Advisors LLC now owns 27,640 shares of the company’s stock worth $91,000 after acquiring an additional 9,095 shares during the period. Two Sigma Investments LP increased its stake in Anywhere Real Estate by 5.1% during the 4th quarter. Two Sigma Investments LP now owns 453,979 shares of the company’s stock worth $1,498,000 after acquiring an additional 21,863 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Anywhere Real Estate by 12.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 276,583 shares of the company’s stock worth $913,000 after acquiring an additional 31,313 shares during the period. Institutional investors own 97.56% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Compass Point set a $11.00 target price on Anywhere Real Estate in a report on Tuesday, September 23rd. Barclays raised Anywhere Real Estate from a “strong sell” rating to an “equal weight” rating and raised their target price for the company from $3.50 to $11.00 in a report on Tuesday, September 23rd. Wall Street Zen downgraded Anywhere Real Estate from a “hold” rating to a “sell” rating in a report on Saturday, August 2nd. Finally, JPMorgan Chase & Co. raised Anywhere Real Estate from an “underweight” rating to a “neutral” rating and set a $10.00 target price on the stock in a report on Monday, September 22nd. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $9.13.

Anywhere Real Estate Trading Down 3.2%

NYSE HOUS opened at $10.59 on Wednesday. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 1.51. Anywhere Real Estate Inc. has a twelve month low of $2.71 and a twelve month high of $12.03. The company has a market cap of $1.19 billion, a price-to-earnings ratio of -10.81 and a beta of 1.66. The business’s fifty day moving average is $6.46 and its 200 day moving average is $4.58.

Anywhere Real Estate (NYSE:HOUS) last released its quarterly earnings data on Tuesday, July 29th. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.02). The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.77 billion. Anywhere Real Estate had a negative net margin of 1.87% and a negative return on equity of 4.57%. The company’s revenue was up .8% compared to the same quarter last year. During the same period last year, the business earned $0.27 EPS. As a group, sell-side analysts expect that Anywhere Real Estate Inc. will post 0.05 EPS for the current fiscal 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.