Charles Schwab Investment Management Inc. Trims Position in Anywhere Real Estate Inc. (NYSE:HOUS)

Charles Schwab Investment Management Inc. trimmed its stake in Anywhere Real Estate Inc. (NYSE:HOUS) by 16.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,079,647 shares of the company’s stock after selling 216,249 shares during the period. Charles Schwab Investment Management Inc. owned about 0.97% of Anywhere Real Estate worth $3,563,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in HOUS. Ieq Capital LLC bought a new position in shares of Anywhere Real Estate during the 4th quarter worth $206,000. Mraz Amerine & Associates Inc. purchased a new stake in Anywhere Real Estate in the fourth quarter worth about $33,000. Empowered Funds LLC grew its holdings in Anywhere Real Estate by 5.1% during the 4th quarter. Empowered Funds LLC now owns 576,064 shares of the company’s stock worth $1,901,000 after acquiring an additional 28,079 shares in the last quarter. Empirical Asset Management LLC purchased a new position in Anywhere Real Estate during the 4th quarter valued at about $52,000. Finally, Nordea Investment Management AB increased its position in Anywhere Real Estate by 5.7% during the 4th quarter. Nordea Investment Management AB now owns 647,506 shares of the company’s stock valued at $2,208,000 after purchasing an additional 34,709 shares during the period. 97.56% of the stock is currently owned by institutional investors.

Anywhere Real Estate Trading Down 0.7 %

Shares of NYSE HOUS opened at $3.65 on Friday. Anywhere Real Estate Inc. has a 1-year low of $2.71 and a 1-year high of $6.20. The business has a fifty day moving average price of $3.63 and a 200 day moving average price of $4.08. The stock has a market capitalization of $407.49 million, a P/E ratio of -3.14 and a beta of 2.46. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.33 and a quick ratio of 0.36.

Anywhere Real Estate (NYSE:HOUS) last issued its quarterly earnings data on Thursday, February 13th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.36) by ($0.09). Anywhere Real Estate had a negative return on equity of 5.88% and a negative net margin of 2.25%. The firm had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.28 billion. Equities research analysts expect that Anywhere Real Estate Inc. will post 0.05 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.