Readystate Asset Management LP Sells 624,569 Shares of Anywhere Real Estate Inc. (NYSE:HOUS)

Readystate Asset Management LP trimmed its position in Anywhere Real Estate Inc. (NYSE:HOUS) by 82.5% in the 3rd quarter, Holdings Channel reports. The firm owned 132,158 shares of the company’s stock after selling 624,569 shares during the quarter. Readystate Asset Management LP’s holdings in Anywhere Real Estate were worth $671,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Bank of Montreal Can lifted its holdings in shares of Anywhere Real Estate by 1,210.8% during the 2nd quarter. Bank of Montreal Can now owns 2,922,639 shares of the company’s stock worth $9,674,000 after acquiring an additional 2,699,671 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of Anywhere Real Estate by 29,696.5% during the 2nd quarter. Millennium Management LLC now owns 2,034,508 shares of the company’s stock worth $6,734,000 after acquiring an additional 2,027,680 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Anywhere Real Estate by 565.4% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,751,445 shares of the company’s stock worth $8,897,000 after acquiring an additional 1,488,226 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Anywhere Real Estate by 16.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,556,365 shares of the company’s stock worth $18,391,000 after acquiring an additional 768,361 shares during the last quarter. Finally, Cubist Systematic Strategies LLC lifted its holdings in shares of Anywhere Real Estate by 441.2% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 899,722 shares of the company’s stock worth $2,978,000 after acquiring an additional 733,462 shares during the last quarter. 97.56% of the stock is owned by institutional investors.

Anywhere Real Estate Stock Performance

NYSE HOUS opened at $4.66 on Friday. Anywhere Real Estate Inc. has a 52-week low of $3.01 and a 52-week high of $8.40. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.36 and a current ratio of 0.36. The company has a market capitalization of $518.48 million, a P/E ratio of -3.01 and a beta of 2.32. The company has a fifty day moving average of $4.46 and a 200-day moving average of $4.38.

Anywhere Real Estate (NYSE:HOUS) last issued its earnings results on Thursday, November 7th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.18). The business had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Anywhere Real Estate had a negative return on equity of 6.46% and a negative net margin of 3.06%. Anywhere Real Estate’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.15 EPS. As a group, equities research analysts predict that Anywhere Real Estate Inc. will post -0.52 EPS for the current fiscal year.

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.