Anywhere Real Estate Inc. $HOUS Shares Acquired by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC raised its holdings in shares of Anywhere Real Estate Inc. (NYSE:HOUS) by 18.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 199,812 shares of the company’s stock after acquiring an additional 31,435 shares during the quarter. Transcend Capital Advisors LLC owned approximately 0.18% of Anywhere Real Estate worth $723,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of Anywhere Real Estate by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 10,090,381 shares of the company’s stock worth $33,601,000 after acquiring an additional 60,440 shares in the last quarter. Gator Capital Management LLC boosted its position in shares of Anywhere Real Estate by 1.3% during the 1st quarter. Gator Capital Management LLC now owns 2,558,050 shares of the company’s stock worth $8,518,000 after acquiring an additional 33,000 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Anywhere Real Estate by 111.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,280,470 shares of the company’s stock worth $7,594,000 after acquiring an additional 1,200,823 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Anywhere Real Estate by 9.4% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,851,748 shares of the company’s stock worth $6,166,000 after acquiring an additional 159,046 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of Anywhere Real Estate by 52.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,682,561 shares of the company’s stock worth $5,603,000 after acquiring an additional 582,402 shares in the last quarter. 97.56% of the stock is owned by institutional investors and hedge funds.

Anywhere Real Estate Stock Down 2.3%

HOUS opened at $10.47 on Wednesday. The business has a 50 day moving average price of $8.42 and a two-hundred day moving average price of $5.50. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 1.51. The company has a market cap of $1.17 billion, a PE ratio of -10.68 and a beta of 1.76. Anywhere Real Estate Inc. has a 52 week low of $2.71 and a 52 week high of $12.03.

Anywhere Real Estate (NYSE:HOUS) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.02). The company had revenue of $1.68 billion for the quarter, compared to analysts’ expectations 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 firm’s revenue was up .8% on a year-over-year basis. During the same period in the prior year, the company earned $0.27 earnings per share. As a group, research analysts anticipate that Anywhere Real Estate Inc. will post 0.05 EPS for the current year.

Wall Street Analyst Weigh In

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