Connor Clark & Lunn Investment Management Ltd. Acquires 1,488,226 Shares of Anywhere Real Estate Inc. (NYSE:HOUS)

Connor Clark & Lunn Investment Management Ltd. increased its stake in Anywhere Real Estate Inc. (NYSE:HOUS) by 565.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,751,445 shares of the company’s stock after buying an additional 1,488,226 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned 1.57% of Anywhere Real Estate worth $8,897,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Cubist Systematic Strategies LLC lifted its position in Anywhere Real Estate by 441.2% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 899,722 shares of the company’s stock valued at $2,978,000 after acquiring an additional 733,462 shares in the last quarter. GSA Capital Partners LLP raised its stake in Anywhere Real Estate by 5,035.3% during the third quarter. GSA Capital Partners LLP now owns 629,485 shares of the company’s stock valued at $3,198,000 after purchasing an additional 617,227 shares in the last quarter. Acadian Asset Management LLC purchased a new position in shares of Anywhere Real Estate in the 2nd quarter worth approximately $604,000. Mitsubishi UFJ Trust & Banking Corp lifted its stake in Anywhere Real Estate by 13.8% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 133,033 shares of the company’s stock worth $794,000 after purchasing an additional 16,121 shares during the last quarter. Finally, Virtu Financial LLC purchased a new position in Anywhere Real Estate in the 1st quarter worth about $105,000. Hedge funds and other institutional investors own 97.56% of the company’s stock.

Anywhere Real Estate Price Performance

HOUS opened at $4.35 on Friday. The company has a market capitalization of $483.42 million, a price-to-earnings ratio of -2.71 and a beta of 2.31. The business’s fifty day simple moving average is $4.59 and its 200-day simple moving average is $4.41. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 1.34. Anywhere Real Estate Inc. has a 12-month low of $3.01 and a 12-month high of $8.40.

Anywhere Real Estate (NYSE:HOUS) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.18). Anywhere Real Estate had a negative net margin of 3.06% and a negative return on equity of 6.46%. The business had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter last year, the business posted $0.15 earnings per share. The company’s quarterly revenue was down 3.1% compared to the same quarter last year. On average, equities research analysts anticipate that Anywhere Real Estate Inc. will post -0.52 earnings per share for the current fiscal year.

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.