Anywhere Real Estate Inc. (NYSE:HOUS) Given Average Rating of “Reduce” by Brokerages

Anywhere Real Estate Inc. (NYSE:HOUSGet Free Report) has been assigned an average rating of “Reduce” from the five analysts that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $6.00.

A number of equities research analysts recently commented on HOUS shares. Stephens lowered their price target on Anywhere Real Estate from $9.50 to $5.50 and set an “equal weight” rating for the company in a research report on Wednesday, October 25th. JPMorgan Chase & Co. lowered shares of Anywhere Real Estate from a “neutral” rating to an “underweight” rating and set a $7.00 price objective for the company. in a research note on Monday, December 18th. Finally, Barclays decreased their price objective on shares of Anywhere Real Estate from $5.00 to $4.50 and set an “underweight” rating for the company in a research note on Thursday, October 12th.

View Our Latest Analysis on HOUS

Anywhere Real Estate Trading Up 6.3 %

HOUS opened at $7.57 on Friday. The firm has a market capitalization of $836.41 million, a PE ratio of -1.86 and a beta of 2.50. The company’s 50-day moving average is $6.94 and its 200 day moving average is $6.57. Anywhere Real Estate has a fifty-two week low of $4.09 and a fifty-two week high of $9.85. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.50 and a quick ratio of 0.50.

Institutional Investors Weigh In On Anywhere Real Estate

A number of hedge funds have recently modified their holdings of the stock. Tower Research Capital LLC TRC increased its position in Anywhere Real Estate by 47.1% in the second quarter. Tower Research Capital LLC TRC now owns 4,561 shares of the company’s stock worth $30,000 after buying an additional 1,460 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in Anywhere Real Estate by 10.1% in the 2nd quarter. PNC Financial Services Group Inc. now owns 18,961 shares of the company’s stock worth $127,000 after acquiring an additional 1,734 shares during the last quarter. Quadrant Capital Group LLC raised its stake in Anywhere Real Estate by 80.4% in the 2nd quarter. Quadrant Capital Group LLC now owns 3,995 shares of the company’s stock valued at $27,000 after acquiring an additional 1,781 shares during the period. MetLife Investment Management LLC lifted its holdings in Anywhere Real Estate by 4.0% during the second quarter. MetLife Investment Management LLC now owns 55,224 shares of the company’s stock valued at $369,000 after purchasing an additional 2,125 shares during the last quarter. Finally, Swiss National Bank boosted its position in Anywhere Real Estate by 1.0% during the third quarter. Swiss National Bank now owns 218,400 shares of the company’s stock worth $1,404,000 after purchasing an additional 2,200 shares during the period. Institutional investors own 97.56% of the company’s stock.

About Anywhere Real Estate

(Get Free Report

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.

Further Reading

Analyst Recommendations for Anywhere Real Estate (NYSE:HOUS)

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