The Vanguard Group, Inc. has recently announced that it has increased stake in Anywhere Real Estate Inc. (NYSE:HOUS) by 0.40%. After grabbing 18.17 million shares, the institutional investor is now in possession of 73209.0 shares of the Real Estate Company. The new investment brought the stake of investor firm to 16.60% having worth around $115.75 million. Moreover, Southeastern Asset Management, In increased its share by 0.2 million to have a control over 6.75 million shares. And SSgA Funds Management, Inc. raised its holdings to 56909.0 shares by acquiring 4.39 million shares or 4.01% of the stake.
Anywhere Real Estate Inc. (HOUS) concluded trading on 05/25/23 at a closing price of $5.96, with 1.54 million shares of worth about $9.15 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -8.02% during that period and on Thursday the price saw a loss of about -1.97%. Currently the company’s common shares owned by public are about 109.80M shares, out of which, 106.38M shares are available for trading.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 40 times over the past 12 months. They bought 2,119,562 shares in 15 of the transactions. In 25 selling transactions, insiders dumped 450,338 shares.
iShares Core S&P Small Cap ETF, Longleaf Partners Small Cap Fund, and Vanguard Real Estate Index Fund are the top 3 mutual funds which are holding stakes in Anywhere Real Estate Inc. iShares Core S&P Small Cap ETF is currently holding 8.28 million shares of worth totaling $52.75 million. The company recently came selling 13294.0 shares which brought its stake up to 7.56% of the company’s outstanding shares. Longleaf Partners Small Cap Fund bought 0.2 million shares, after which its hold over company’s outstanding shares expand to 6.13%, leaving 6.71 million shares with the mutual fund that have a worth of about $42.73 million. Vanguard Real Estate Index Fund, after selling 4.8 million shares, have now control over 4.39% of the stake in the company. It holds 24708.0 shares of worth $30.59 million.
Anywhere Real Estate Inc. (NYSE: HOUS) started trading at $6.11, above $0.03 from concluding price of the previous day. However, the stock later moved at a day high price of 6.14, or with a loss of -1.97%. Stock saw a price change of -7.60% in past 5 days and over the past one month there was a price change of 3.83%. Year-to-date (YTD), HOUS shares are showing a performance of -6.73% which decreased to -46.40% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.33 but also hit the highest price of $13.02 during that period. The average intraday trading volume for Anywhere Real Estate Inc. shares is 1.90 million. The stock is currently trading 1.75% above its 20-day simple moving average (SMA20), while that difference is up 6.52% for SMA50 and it goes to -19.28% lower than SMA200.
The Vanguard Group, Inc. acquired 18.17 million shares of Anywhere Real Estate Inc. having value of about $115.75 million. Data submitted at the U.S SEC by The Vanguard Group, Inc. revealed that the firm now holds 73209.0 shares in the company valued at close to $436325.64, or have control over 0.40% stake in the company. Anywhere Real Estate Inc. (NYSE: HOUS) currently have 109.80M outstanding shares and institutions hold larger chunk of about 114.06% of that. Holding of mutual funds in the company is about 66.10% while other institutional holders and individual stake holders have control over 76.63% and 46.05% of the stake respectively.
The stock has a current market capitalization of $670.26M and its 3Y-monthly beta is at 2.33. It has posted earnings per share of -$4.17 in the same period. It has Quick Ratio of 0.50 while making debt-to-equity ratio of 1.88. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HOUS, volatility over the week remained 4.66% while standing at 6.12% over the month.
Analysts are in expectations that Anywhere Real Estate Inc. (HOUS) stock would likely to be making an EPS of $0.32 in the current quarter, while forecast for next quarter EPS is $0.41 and it is $0.75 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.22 which is $0.39 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.69 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -188.40% while it is estimated to increase by 282.90% in next year. EPS is likely to grow at an annualized rate of 27.70% for next 5-years, compared to annual growth of -26.80% made by the stock over the past 5-years.
Analysts at 5 brokerage firms have issued recommendations for the Anywhere Real Estate Inc. (HOUS)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.80. Out of those 5 Wall Street analysts, 1 recommended a “Buy” rating, while 3 were in favor recommending the stock as a “Hold” and 1 analyst recommended the stock as “Sell”.
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