SummerHaven Investment Management LLC Has $354,000 Position in Anywhere Real Estate Inc. (NYSE:HOUS)

SummerHaven Investment Management LLC grew its position in Anywhere Real Estate Inc. (NYSE:HOUS) by 3.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 106,951 shares of the company’s stock after buying an additional 3,602 shares during the period. SummerHaven Investment Management LLC owned approximately 0.10% of Anywhere Real Estate worth $354,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Louisiana State Employees Retirement System acquired a new position in Anywhere Real Estate in the fourth quarter valued at about $448,000. Federated Hermes Inc. grew its position in shares of Anywhere Real Estate by 56.0% in the 4th quarter. Federated Hermes Inc. now owns 780,272 shares of the company’s stock valued at $6,328,000 after purchasing an additional 279,978 shares during the period. Illinois Municipal Retirement Fund lifted its stake in Anywhere Real Estate by 3.8% in the fourth quarter. Illinois Municipal Retirement Fund now owns 60,050 shares of the company’s stock valued at $487,000 after buying an additional 2,201 shares in the last quarter. New York State Common Retirement Fund raised its holdings in shares of Anywhere Real Estate by 43.0% during the fourth quarter. New York State Common Retirement Fund now owns 45,442 shares of the company’s stock worth $369,000 after acquiring an additional 13,662 shares during the period. Finally, GAMMA Investing LLC acquired a new position in Anywhere Real Estate in the 4th quarter worth $31,000. Institutional investors and hedge funds own 97.56% of the company’s stock.

Analysts Set New Price Targets

Separately, Barclays dropped their price target on Anywhere Real Estate from $4.50 to $3.50 and set an “underweight” rating on the stock in a research note on Friday, July 12th.

Anywhere Real Estate Stock Up 6.3 %

Shares of NYSE HOUS traded up $0.30 during midday trading on Friday, reaching $5.09. The company’s stock had a trading volume of 220,300 shares, compared to its average volume of 1,457,179. Anywhere Real Estate Inc. has a fifty-two week low of $3.01 and a fifty-two week high of $8.40. The stock has a 50 day simple moving average of $4.02 and a 200-day simple moving average of $4.98. The stock has a market capitalization of $565.53 million, a price-to-earnings ratio of -9.05 and a beta of 2.30. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 1.37.

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

Anywhere Real Estate 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.