Anywhere Real Estate (NYSE:HOUS) Trading 3.4% Higher

Anywhere Real Estate Inc. (NYSE:HOUS) shares traded up 3.4% on Friday . The company traded as high as $4.83 and last traded at $4.81. 22,014 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 1,415,787 shares. The stock had previously closed at $4.65.

Wall Street Analysts Forecast Growth

Separately, Barclays reduced their price objective on Anywhere Real Estate from $4.50 to $3.50 and set an “underweight” rating for the company in a report on Friday, July 12th.

Anywhere Real Estate Price Performance

The stock has a market capitalization of $522.97 million, a PE ratio of -8.30 and a beta of 2.30. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.38 and a current ratio of 0.38. The company’s fifty day simple moving average is $4.38 and its two-hundred day simple moving average is $4.82.

Anywhere Real Estate (NYSE:HOUS) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.03. The firm had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.70 billion. Anywhere Real Estate had a negative return on equity of 5.65% and a negative net margin of 0.87%. The company’s quarterly revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.24 EPS. As a group, sell-side analysts predict that Anywhere Real Estate Inc. will post -0.49 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in HOUS. Nemes Rush Group LLC raised its position in shares of Anywhere Real Estate by 16.7% in the second quarter. Nemes Rush Group LLC now owns 17,500 shares of the company’s stock valued at $58,000 after buying an additional 2,500 shares during the last quarter. Frazier Financial Advisors LLC acquired a new position in Anywhere Real Estate in the 4th quarter valued at $28,000. SummerHaven Investment Management LLC lifted its stake in shares of Anywhere Real Estate by 3.5% during the 2nd quarter. SummerHaven Investment Management LLC now owns 106,951 shares of the company’s stock worth $354,000 after purchasing an additional 3,602 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in shares of Anywhere Real Estate by 6.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 79,989 shares of the company’s stock worth $495,000 after purchasing an additional 4,527 shares during the last quarter. Finally, Capstone Investment Advisors LLC boosted its holdings in shares of Anywhere Real Estate by 9.3% during the first quarter. Capstone Investment Advisors LLC now owns 71,475 shares of the company’s stock worth $442,000 after purchasing an additional 6,075 shares during the last quarter. Institutional investors and hedge funds own 97.56% of the company’s stock.

About Anywhere Real Estate

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.