Bank of New York Mellon Corp Has $1.07 Million Stake in Anywhere Real Estate Inc. (NYSE:HOUS)

Bank of New York Mellon Corp cut its stake in Anywhere Real Estate Inc. (NYSE:HOUS) by 9.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 325,471 shares of the company’s stock after selling 32,119 shares during the quarter. Bank of New York Mellon Corp owned 0.29% of Anywhere Real Estate worth $1,074,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Quarry LP purchased a new stake in Anywhere Real Estate in the 3rd quarter valued at $26,000. Mraz Amerine & Associates Inc. purchased a new stake in shares of Anywhere Real Estate in the fourth quarter valued at about $33,000. Townsquare Capital LLC bought a new position in shares of Anywhere Real Estate during the third quarter valued at about $52,000. Virtu Financial LLC boosted its holdings in Anywhere Real Estate by 24.6% during the third quarter. Virtu Financial LLC now owns 15,305 shares of the company’s stock worth $78,000 after purchasing an additional 3,022 shares during the last quarter. Finally, Empirical Asset Management LLC bought a new stake in Anywhere Real Estate in the 4th quarter worth about $52,000. Institutional investors own 97.56% of the company’s stock.

Anywhere Real Estate Stock Performance

NYSE HOUS opened at $3.83 on Tuesday. The firm has a market cap of $427.62 million, a P/E ratio of -3.30 and a beta of 2.46. The company has a quick ratio of 0.36, a current ratio of 0.33 and a debt-to-equity ratio of 1.38. The company’s 50 day moving average is $3.61 and its 200-day moving average is $4.09. Anywhere Real Estate Inc. has a 12-month low of $2.71 and a 12-month high of $6.20.

Anywhere Real Estate (NYSE:HOUS) last posted its earnings results on Thursday, February 13th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.36) by ($0.09). The company had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.28 billion. Anywhere Real Estate had a negative return on equity of 5.88% and a negative net margin of 2.25%. Sell-side analysts predict that Anywhere Real Estate Inc. will post 0.05 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Barclays cut their target price on Anywhere Real Estate from $4.00 to $3.00 and set an “underweight” rating on the stock in a research note on Thursday, January 16th.

About Anywhere Real Estate

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.