Anywhere Real Estate Inc. (NYSE:HOUS) Shares Sold by Corebridge Financial Inc.

Corebridge Financial Inc. trimmed its stake in shares of Anywhere Real Estate Inc. (NYSE:HOUS) by 7.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,795 shares of the company’s stock after selling 3,684 shares during the quarter. Corebridge Financial Inc.’s holdings in Anywhere Real Estate were worth $161,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HOUS. Barclays PLC boosted its holdings in Anywhere Real Estate by 725.7% during the third quarter. Barclays PLC now owns 1,436,706 shares of the company’s stock worth $7,297,000 after buying an additional 1,262,714 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Anywhere Real Estate during the 4th quarter valued at about $543,000. JPMorgan Chase & Co. increased its stake in Anywhere Real Estate by 12.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,475,022 shares of the company’s stock valued at $7,493,000 after buying an additional 159,364 shares during the period. Ieq Capital LLC acquired a new position in shares of Anywhere Real Estate in the fourth quarter worth $206,000. Finally, Nordea Investment Management AB raised its stake in shares of Anywhere Real Estate by 5.7% during the 4th quarter. Nordea Investment Management AB now owns 647,506 shares of the company’s stock worth $2,208,000 after purchasing an additional 34,709 shares in the last quarter. Institutional investors own 97.56% of the company’s stock.

Analyst Ratings Changes

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

Anywhere Real Estate Stock Down 2.7 %

HOUS opened at $3.02 on Monday. The company has a market capitalization of $337.06 million, a P/E ratio of -2.60 and a beta of 2.05. The firm’s fifty day moving average price is $3.53 and its two-hundred day moving average price is $3.88. Anywhere Real Estate Inc. has a fifty-two week low of $2.71 and a fifty-two week high of $5.95. 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 released its quarterly earnings results on Thursday, February 13th. The company reported ($0.45) 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 business had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.28 billion. On average, analysts anticipate that Anywhere Real Estate Inc. will post 0.05 EPS for the current 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.