Headlands Technologies LLC Acquires New Position in Anywhere Real Estate Inc. (NYSE:HOUS)

Headlands Technologies LLC purchased a new position in shares of Anywhere Real Estate Inc. (NYSE:HOUS) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 12,170 shares of the company’s stock, valued at approximately $40,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. increased its holdings in Anywhere Real Estate by 3.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,741,041 shares of the company’s stock worth $14,120,000 after acquiring an additional 51,597 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in Anywhere Real Estate in the 4th quarter valued at approximately $508,000. Frazier Financial Advisors LLC purchased a new position in shares of Anywhere Real Estate in the fourth quarter valued at approximately $28,000. Allianz Asset Management GmbH increased its position in shares of Anywhere Real Estate by 11.9% during the fourth quarter. Allianz Asset Management GmbH now owns 1,852,622 shares of the company’s stock worth $15,025,000 after acquiring an additional 197,696 shares during the period. Finally, Olympiad Research LP raised its position in Anywhere Real Estate by 102.2% in the 4th quarter. Olympiad Research LP now owns 27,448 shares of the company’s stock valued at $223,000 after purchasing an additional 13,874 shares in the last quarter. Institutional investors and hedge funds own 97.56% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Barclays decreased their price objective on shares of Anywhere Real Estate from $4.50 to $3.50 and set an “underweight” rating for the company in a research note on Friday, July 12th.

Anywhere Real Estate Price Performance

HOUS stock opened at $5.43 on Wednesday. The firm has a market cap of $603.64 million, a P/E ratio of -9.69 and a beta of 2.30. The stock’s 50 day moving average price is $4.66 and its 200 day moving average price is $4.74. Anywhere Real Estate Inc. has a 1 year low of $3.01 and a 1 year high of $8.40. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.38 and a current ratio of 0.38.

Anywhere Real Estate (NYSE:HOUS) last announced 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. Anywhere Real Estate had a negative return on equity of 5.65% and a negative net margin of 0.87%. The company had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.70 billion. During the same period in the prior year, the firm posted $0.24 earnings per share. The firm’s revenue was down .1% on a year-over-year basis. On average, sell-side analysts expect that Anywhere Real Estate Inc. will post -0.55 earnings per share for the current fiscal year.

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.