UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Raises Position in Anywhere Real Estate Inc. (NYSE:HOUS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Anywhere Real Estate Inc. (NYSE:HOUS) by 4.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 245,270 shares of the company’s stock after buying an additional 9,958 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Anywhere Real Estate were worth $1,246,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Townsquare Capital LLC purchased a new position in Anywhere Real Estate in the 3rd quarter worth about $52,000. Headlands Technologies LLC purchased a new position in shares of Anywhere Real Estate during the second quarter worth approximately $40,000. Ballentine Partners LLC bought a new stake in shares of Anywhere Real Estate during the third quarter valued at approximately $62,000. Versor Investments LP purchased a new stake in shares of Anywhere Real Estate in the second quarter valued at approximately $54,000. Finally, Nemes Rush Group LLC grew its stake in Anywhere Real Estate by 16.7% in the second quarter. Nemes Rush Group LLC now owns 17,500 shares of the company’s stock worth $58,000 after purchasing an additional 2,500 shares in the last quarter. 97.56% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Barclays lifted their price objective on shares of Anywhere Real Estate from $3.50 to $4.00 and gave the company an “underweight” rating in a report on Wednesday, December 11th.

Anywhere Real Estate Stock Down 1.8 %

NYSE:HOUS opened at $4.19 on Wednesday. The company’s 50-day simple moving average is $4.35 and its 200-day simple moving average is $4.38. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.36 and a current ratio of 0.36. Anywhere Real Estate Inc. has a fifty-two week low of $3.01 and a fifty-two week high of $8.40. The stock has a market capitalization of $465.62 million, a P/E ratio of -2.70 and a beta of 2.32.

Anywhere Real Estate (NYSE:HOUS) last announced its earnings results on Thursday, November 7th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.18). Anywhere Real Estate had a negative net margin of 3.06% and a negative return on equity of 6.46%. The firm had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same quarter last year, the business earned $0.15 earnings per share. Anywhere Real Estate’s revenue was down 3.1% on a year-over-year basis. On average, equities analysts anticipate that Anywhere Real Estate Inc. will post -0.7 earnings per share 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.