Anywhere Real Estate Sees Unusually High Options Volume (NYSE:HOUS)

Anywhere Real Estate Inc. (NYSE:HOUS) saw some unusual options trading activity on Thursday. Stock investors bought 9,720 call options on the stock. This is an increase of approximately 1,539% compared to the typical volume of 593 call options.

Institutional Investors Weigh In On Anywhere Real Estate

Several institutional investors have recently added to or reduced their stakes in the business. Frazier Financial Advisors LLC purchased a new stake in Anywhere Real Estate in the fourth quarter valued at $28,000. Headlands Technologies LLC purchased a new stake in shares of Anywhere Real Estate in the 2nd quarter valued at about $40,000. Versor Investments LP purchased a new stake in shares of Anywhere Real Estate in the 2nd quarter valued at about $54,000. Nemes Rush Group LLC boosted its position in shares of Anywhere Real Estate by 16.7% in the 2nd quarter. Nemes Rush Group LLC now owns 17,500 shares of the company’s stock valued at $58,000 after purchasing an additional 2,500 shares during the period. Finally, Allegheny Financial Group LTD purchased a new position in Anywhere Real Estate during the 1st quarter worth approximately $67,000. Hedge funds and other institutional investors own 97.56% of the company’s stock.

Analysts Set New Price Targets

Separately, Barclays reduced their price objective on Anywhere Real Estate from $4.50 to $3.50 and set an “underweight” rating on the stock in a research note on Friday, July 12th.

Anywhere Real Estate Stock Up 0.7 %

HOUS stock opened at $5.84 on Friday. The company’s 50 day moving average price is $4.78 and its 200 day moving average price is $4.75. The firm has a market capitalization of $648.86 million, a price-to-earnings ratio of -10.43 and a beta of 2.30. Anywhere Real Estate has a fifty-two week low of $3.01 and a fifty-two week high of $8.40. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.38 and a current ratio of 0.38.

Anywhere Real Estate (NYSE:HOUS) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. The company had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.70 billion. Anywhere Real Estate had a negative net margin of 0.87% and a negative return on equity of 5.65%. The company’s quarterly revenue was down .1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.24 EPS. On average, equities research analysts anticipate that Anywhere Real Estate will post -0.55 EPS for the current fiscal 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.