Cwm LLC Has $118,000 Holdings in Anywhere Real Estate Inc. $HOUS

Cwm LLC lessened its holdings in shares of Anywhere Real Estate Inc. (NYSE:HOUS) by 19.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 32,564 shares of the company’s stock after selling 7,680 shares during the period. Cwm LLC’s holdings in Anywhere Real Estate were worth $118,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Ballentine Partners LLC acquired a new position in shares of Anywhere Real Estate during the 1st quarter worth approximately $39,000. Avantax Advisory Services Inc. acquired a new position in shares of Anywhere Real Estate during the 1st quarter worth approximately $43,000. Strs Ohio acquired a new position in shares of Anywhere Real Estate during the 1st quarter worth approximately $64,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Anywhere Real Estate during the 1st quarter worth approximately $84,000. Finally, State of Wyoming acquired a new position in shares of Anywhere Real Estate during the 1st quarter worth approximately $106,000. Institutional investors and hedge funds own 97.56% of the company’s stock.

Anywhere Real Estate Stock Performance

Shares of Anywhere Real Estate stock opened at $10.07 on Friday. Anywhere Real Estate Inc. has a fifty-two week low of $2.71 and a fifty-two week high of $12.03. 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 firm has a market capitalization of $1.13 billion, a P/E ratio of -10.27 and a beta of 1.76. The company’s 50 day moving average price is $8.68 and its two-hundred day moving average price is $5.63.

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

Analyst Upgrades and Downgrades

HOUS has been the topic of a number of analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of Anywhere Real Estate in a research report on Wednesday, October 8th. Wall Street Zen cut shares of Anywhere Real Estate from a “hold” rating to a “sell” rating in a research note on Saturday, August 2nd. Barclays raised shares of Anywhere Real Estate from a “strong sell” rating to an “equal weight” rating and lifted their price objective for the company from $3.50 to $11.00 in a research note on Tuesday, September 23rd. JPMorgan Chase & Co. raised shares of Anywhere Real Estate from an “underweight” rating to a “neutral” rating and set a $10.00 price objective on the stock in a research note on Monday, September 22nd. Finally, Compass Point set a $11.00 price objective on shares of Anywhere Real Estate in a research note on Tuesday, September 23rd. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $9.13.

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.