Los Angeles Capital Management LLC bought a new stake in Anywhere Real Estate Inc. (NYSE:HOUS – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,655 shares of the company’s stock, valued at approximately $53,000.
Other large investors also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its holdings 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 valued at $7,594,000 after purchasing an additional 1,200,823 shares in the last quarter. MUFG Securities EMEA plc bought a new stake in Anywhere Real Estate in the second quarter worth $3,620,000. Goldman Sachs Group Inc. increased its position in Anywhere Real Estate by 52.9% during the first quarter. Goldman Sachs Group Inc. now owns 1,682,561 shares of the company’s stock worth $5,603,000 after buying an additional 582,402 shares during the last quarter. One William Street Capital Management L.P. bought a new position in Anywhere Real Estate during the first quarter valued at about $1,498,000. Finally, Nuveen LLC acquired a new stake in shares of Anywhere Real Estate in the first quarter worth about $1,103,000. 97.56% of the stock is owned by institutional investors.
Anywhere Real Estate Stock Down 0.4%
HOUS opened at $12.47 on Wednesday. The company has a market capitalization of $1.40 billion, a P/E ratio of -10.75 and a beta of 1.83. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.46 and a quick ratio of 0.46. The firm’s fifty day moving average price is $10.05 and its two-hundred day moving average price is $6.40. Anywhere Real Estate Inc. has a fifty-two week low of $2.71 and a fifty-two week high of $12.93.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on HOUS. Keefe, Bruyette & Woods increased their price objective on Anywhere Real Estate from $4.50 to $11.00 and gave the company a “market perform” rating in a report on Tuesday, November 11th. Wall Street Zen cut shares of Anywhere Real Estate from a “hold” rating to a “sell” rating in a report on Saturday, August 2nd. JPMorgan Chase & Co. raised Anywhere Real Estate from an “underweight” rating to a “neutral” rating and set a $10.00 price target on the stock in a research report on Monday, September 22nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Anywhere Real Estate in a research note on Wednesday, October 8th. Finally, Barclays increased their target price on Anywhere Real Estate from $11.00 to $13.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 12th. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $11.25.
View Our Latest Stock Report on Anywhere Real Estate
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.
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