Allegheny Financial Group LTD Buys Shares of 10,764 Anywhere Real Estate Inc. (NYSE:HOUS)

Allegheny Financial Group LTD bought a new stake in Anywhere Real Estate Inc. (NYSE:HOUS) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,764 shares of the company’s stock, valued at approximately $67,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Frazier Financial Advisors LLC bought a new stake in Anywhere Real Estate in the fourth quarter valued at approximately $28,000. GAMMA Investing LLC acquired a new stake in Anywhere Real Estate during the fourth quarter worth approximately $31,000. Nisa Investment Advisors LLC grew its position in Anywhere Real Estate by 609.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 6,240 shares of the company’s stock worth $51,000 after buying an additional 5,360 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of Anywhere Real Estate in the 1st quarter valued at $72,000. Finally, Norden Group LLC acquired a new stake in shares of Anywhere Real Estate in the 1st quarter valued at $166,000. 97.56% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Barclays cut their price target on Anywhere Real Estate from $4.50 to $3.50 and set an “underweight” rating for the company in a research note on Friday.

Anywhere Real Estate Stock Performance

HOUS stock traded up $0.23 during midday trading on Monday, hitting $4.19. 789,917 shares of the stock traded hands, compared to its average volume of 1,520,074. The firm has a market cap of $465.55 million, a P/E ratio of -7.07 and a beta of 2.31. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.30 and a quick ratio of 0.30. The stock’s fifty day simple moving average is $4.00 and its 200-day simple moving average is $5.51. Anywhere Real Estate Inc. has a 1-year low of $3.01 and a 1-year high of $9.43.

Anywhere Real Estate (NYSE:HOUS) last issued its earnings results on Thursday, April 25th. The company reported ($0.79) EPS for the quarter, missing analysts’ consensus estimates of ($0.68) by ($0.11). Anywhere Real Estate had a negative return on equity of 6.21% and a negative net margin of 1.07%. The firm had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period last year, the firm earned ($0.96) earnings per share. Anywhere Real Estate’s revenue for the quarter was down .4% on a year-over-year basis. On average, analysts expect that Anywhere Real Estate Inc. will post -0.32 earnings per share for the current 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.