JPMorgan Chase & Co. Has $7.49 Million Holdings in Anywhere Real Estate Inc. (NYSE:HOUS)

JPMorgan Chase & Co. lifted its position in Anywhere Real Estate Inc. (NYSE:HOUS) by 12.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,475,022 shares of the company’s stock after acquiring an additional 159,364 shares during the period. JPMorgan Chase & Co. owned approximately 1.33% of Anywhere Real Estate worth $7,493,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Nemes Rush Group LLC lifted its holdings in Anywhere Real Estate by 16.7% during the second quarter. Nemes Rush Group LLC now owns 17,500 shares of the company’s stock worth $58,000 after acquiring an additional 2,500 shares in the last quarter. Virtu Financial LLC raised its position in shares of 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 period. Quarry LP bought a new position in shares of Anywhere Real Estate during the 3rd quarter valued at about $26,000. Hsbc Holdings PLC grew its position in shares of Anywhere Real Estate by 3.9% in the 2nd quarter. Hsbc Holdings PLC now owns 185,653 shares of the company’s stock valued at $597,000 after purchasing an additional 6,908 shares during the period. Finally, First Trust Direct Indexing L.P. increased its stake in Anywhere Real Estate by 86.4% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 19,146 shares of the company’s stock worth $97,000 after purchasing an additional 8,877 shares in the last quarter. Institutional investors own 97.56% of the company’s stock.

Anywhere Real Estate Stock Performance

Shares of HOUS opened at $3.01 on Wednesday. The company has a market cap of $334.90 million, a PE ratio of -1.94 and a beta of 2.38. The firm has a 50-day moving average of $3.98 and a 200-day moving average of $4.36. Anywhere Real Estate Inc. has a one year low of $2.71 and a one year high of $7.89. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.36 and a quick ratio of 0.36.

Anywhere Real Estate (NYSE:HOUS) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.18). Anywhere Real Estate had a negative return on equity of 6.46% and a negative net margin of 3.06%. The company had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same period last year, the firm earned $0.15 earnings per share. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. As a group, equities analysts forecast that Anywhere Real Estate Inc. will post -0.7 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Barclays boosted their price objective on shares of Anywhere Real Estate from $3.50 to $4.00 and gave the company an “underweight” rating in a research report on Wednesday, December 11th.

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.