Olympiad Research LP Takes $501,000 Position in Anywhere Real Estate Inc. $HOUS

Olympiad Research LP purchased a new stake in Anywhere Real Estate Inc. (NYSE:HOUS) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 47,348 shares of the company’s stock, valued at approximately $501,000. Anywhere Real Estate makes up 0.7% of Olympiad Research LP’s investment portfolio, making the stock its 17th biggest holding.

Other institutional investors have also added to or reduced their stakes in the company. RPD Fund Management LLC raised its holdings in shares of Anywhere Real Estate by 5.9% in the 2nd quarter. RPD Fund Management LLC now owns 5,513,344 shares of the company’s stock valued at $19,958,000 after acquiring an additional 308,737 shares in the last quarter. King Street Capital Management L.P. increased its position in shares of Anywhere Real Estate by 174.3% in the second quarter. King Street Capital Management L.P. now owns 4,800,000 shares of the company’s stock valued at $17,376,000 after acquiring an additional 3,050,000 shares during the period. Geode Capital Management LLC lifted its holdings in Anywhere Real Estate by 3.4% in the 2nd quarter. Geode Capital Management LLC now owns 2,622,975 shares of the company’s stock worth $9,497,000 after buying an additional 87,113 shares during the period. Centerbridge Partners L.P. bought a new stake in Anywhere Real Estate in the second quarter valued at $1,956,000. Finally, Goldman Sachs Group Inc. increased its position in shares of 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 valued at $5,603,000 after buying an additional 582,402 shares during the period. Hedge funds and other institutional investors own 97.56% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on HOUS shares. Barclays lifted their target price on shares of Anywhere Real Estate from $13.00 to $19.00 and gave the company an “equal weight” rating in a report on Monday, December 8th. Keefe, Bruyette & Woods increased their target price on Anywhere Real Estate from $11.00 to $13.00 and gave the company a “market perform” rating in a report on Thursday, December 18th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Anywhere Real Estate in a report on Wednesday, October 8th. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Anywhere Real Estate presently has a consensus rating of “Reduce” and an average target price of $13.25.

Anywhere Real Estate Trading Up 7.2%

HOUS stock opened at $18.26 on Thursday. 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 company has a market capitalization of $2.05 billion, a PE ratio of -15.74 and a beta of 1.87. The firm’s 50-day moving average is $14.91 and its 200 day moving average is $10.07. Anywhere Real Estate Inc. has a 12 month low of $2.71 and a 12 month high of $18.03.

Anywhere Real Estate (NYSE:HOUS) last issued its quarterly earnings data on Tuesday, November 4th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.30). Anywhere Real Estate had a negative net margin of 2.18% and a negative return on equity of 5.04%. The business had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.53 billion. During the same period in the previous year, the business earned $0.06 earnings per share. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. On average, research analysts anticipate that Anywhere Real Estate Inc. will post 0.05 EPS for the current year.

Anywhere Real Estate Profile

Anywhere Real Estate Inc is a leading global residential real estate services company that provides brokerage, relocation, rental, title and settlement services across multiple markets. Through a combination of company-owned brokerage operations, franchise networks and complementary service offerings, the company supports home buyers, sellers, renters and real estate professionals throughout the entire transaction lifecycle.

The company’s portfolio encompasses well-known brands such as Coldwell Banker, Century 21, Sotheby’s International Realty, Better Homes and Gardens Real Estate, ERA, Climb Real Estate and Realogy Franchise Group.