Paloma Partners Management Co Sells 118,346 Shares of Anywhere Real Estate Inc. (NYSE:HOUS)

Paloma Partners Management Co decreased its stake in Anywhere Real Estate Inc. (NYSE:HOUS) by 77.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,012 shares of the company’s stock after selling 118,346 shares during the period. Paloma Partners Management Co’s holdings in Anywhere Real Estate were worth $173,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in HOUS. Headlands Technologies LLC acquired a new position in shares of Anywhere Real Estate during the second quarter worth $40,000. Townsquare Capital LLC bought a new position in Anywhere Real Estate in the third quarter valued at about $52,000. Versor Investments LP bought a new position in Anywhere Real Estate in the second quarter valued at about $54,000. Nemes Rush Group LLC boosted its stake in shares of Anywhere Real Estate by 16.7% during the second 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 in the last quarter. Finally, Ballentine Partners LLC bought a new stake in shares of Anywhere Real Estate during the third quarter worth about $62,000. Institutional investors own 97.56% of the company’s stock.

Anywhere Real Estate Stock Up 3.2 %

NYSE:HOUS opened at $4.81 on Friday. Anywhere Real Estate Inc. has a one year low of $3.01 and a one year high of $8.40. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.36 and a quick ratio of 0.36. The company has a market cap of $535.16 million, a PE ratio of -3.10 and a beta of 2.32. The firm’s 50 day simple moving average is $4.45 and its 200 day simple moving average is $4.38.

Anywhere Real Estate (NYSE:HOUS) last issued its quarterly 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 for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the firm posted $0.15 EPS. On average, research analysts anticipate that Anywhere Real Estate Inc. will post -0.7 earnings per share 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.