Connor Clark & Lunn Investment Management Ltd. Grows Holdings in Anywhere Real Estate Inc. (NYSE:HOUS)

Connor Clark & Lunn Investment Management Ltd. increased its stake in Anywhere Real Estate Inc. (NYSE:HOUS) by 565.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,751,445 shares of the company’s stock after acquiring an additional 1,488,226 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in Anywhere Real Estate were worth $8,897,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HOUS. Headlands Technologies LLC purchased a new position in shares of Anywhere Real Estate during the second quarter worth about $40,000. Versor Investments LP purchased a new stake in Anywhere Real Estate in the 2nd quarter valued at approximately $54,000. Nemes Rush Group LLC grew its stake in Anywhere Real Estate by 16.7% in the 2nd quarter. Nemes Rush Group LLC now owns 17,500 shares of the company’s stock worth $58,000 after acquiring an additional 2,500 shares during the period. Ballentine Partners LLC purchased a new stake in Anywhere Real Estate in the third quarter valued at approximately $62,000. Finally, Optas LLC purchased a new stake in shares of Anywhere Real Estate during the 2nd quarter worth about $68,000. Institutional investors and hedge funds own 97.56% of the company’s stock.

Anywhere Real Estate Trading Up 3.5 %

Shares of HOUS opened at $4.35 on Friday. Anywhere Real Estate Inc. has a 12 month low of $3.01 and a 12 month high of $8.40. The stock has a market cap of $483.42 million, a PE ratio of -2.71 and a beta of 2.31. 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 stock’s 50-day moving average is $4.59 and its two-hundred day moving average is $4.41.

Anywhere Real Estate (NYSE:HOUS) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.18). The firm had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.63 billion. Anywhere Real Estate had a negative net margin of 3.06% and a negative return on equity of 6.46%. Anywhere Real Estate’s revenue was down 3.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.15 earnings per share. Equities analysts forecast that Anywhere Real Estate Inc. will post -0.52 earnings per share 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.