AlphaQuest LLC Invests $957,000 in Anywhere Real Estate Inc. $HOUS

AlphaQuest LLC acquired a new stake in shares of Anywhere Real Estate Inc. (NYSE:HOUS) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 90,352 shares of the company’s stock, valued at approximately $957,000. AlphaQuest LLC owned approximately 0.08% of Anywhere Real Estate as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. New York State Common Retirement Fund increased its holdings in shares of Anywhere Real Estate by 44.4% in the 3rd quarter. New York State Common Retirement Fund now owns 19,510 shares of the company’s stock worth $207,000 after purchasing an additional 6,000 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in Anywhere Real Estate during the 3rd quarter valued at about $996,000. Olympiad Research LP bought a new stake in shares of Anywhere Real Estate in the third quarter worth approximately $501,000. Wealth Enhancement Advisory Services LLC boosted its holdings in Anywhere Real Estate by 14.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 17,853 shares of the company’s stock worth $175,000 after purchasing an additional 2,225 shares during the last quarter. Finally, GWN Securities Inc. purchased a new stake in Anywhere Real Estate during the 3rd quarter valued at $321,000. 97.56% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Anywhere Real Estate Trading Up 7.2%

Shares of Anywhere Real Estate stock opened at $18.26 on Tuesday. The firm has a market cap of $2.05 billion, a price-to-earnings ratio of -15.74 and a beta of 1.87. The business has a 50-day moving average price of $15.78 and a 200-day moving average price of $10.92. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 1.52. Anywhere Real Estate Inc. has a twelve month low of $2.71 and a twelve 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 return on equity of 5.04% and a negative net margin of 2.18%.The firm had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.53 billion. During the same period last year, the company earned $0.06 earnings per share. The firm’s revenue was up 5.9% on a year-over-year basis. Equities research analysts anticipate that Anywhere Real Estate Inc. will post 0.05 EPS for the current fiscal year.

Anywhere Real Estate Company 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.