MYDA Advisors LLC bought a new stake in shares of Douglas Emmett, Inc. (NYSE:DEI – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 80,000 shares of the real estate investment trust’s stock, valued at approximately $879,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. EverSource Wealth Advisors LLC raised its position in Douglas Emmett by 220.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 1,166 shares in the last quarter. Advisory Services Network LLC bought a new stake in Douglas Emmett during the 3rd quarter valued at $32,000. Mirae Asset Global Investments Co. Ltd. raised its position in Douglas Emmett by 33.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,894 shares of the real estate investment trust’s stock valued at $54,000 after purchasing an additional 1,226 shares in the last quarter. Hantz Financial Services Inc. raised its position in Douglas Emmett by 98.7% during the 4th quarter. Hantz Financial Services Inc. now owns 5,209 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 2,588 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its position in Douglas Emmett by 24.8% during the 3rd quarter. Smartleaf Asset Management LLC now owns 5,320 shares of the real estate investment trust’s stock valued at $83,000 after purchasing an additional 1,056 shares in the last quarter. 97.37% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on DEI. Cantor Fitzgerald lifted their target price on Douglas Emmett from $11.00 to $12.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Piper Sandler reduced their price target on Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating for the company in a research report on Tuesday, February 17th. Scotiabank boosted their price target on Douglas Emmett from $11.50 to $12.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 21st. Wells Fargo & Company boosted their price target on Douglas Emmett from $13.00 to $14.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Finally, Weiss Ratings lowered Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $13.50.
Douglas Emmett Trading Down 0.1%
DEI opened at $12.27 on Monday. The firm has a market cap of $2.05 billion, a price-to-earnings ratio of -72.15, a PEG ratio of 6.40 and a beta of 1.16. The company has a current ratio of 2.63, a quick ratio of 2.63 and a debt-to-equity ratio of 1.62. Douglas Emmett, Inc. has a 12 month low of $9.04 and a 12 month high of $16.99. The stock has a fifty day moving average price of $11.14 and a 200-day moving average price of $10.84.
Douglas Emmett (NYSE:DEI – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The real estate investment trust reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01. The firm had revenue of $250.96 million during the quarter, compared to analyst estimates of $251.11 million. Douglas Emmett had a negative return on equity of 0.74% and a negative net margin of 2.59%.The business’s revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.40 EPS. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. As a group, equities research analysts anticipate that Douglas Emmett, Inc. will post 1.41 earnings per share for the current fiscal year.
Douglas Emmett Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Douglas Emmett’s dividend payout ratio is currently -447.06%.
Douglas Emmett Company Profile
Douglas Emmett, Inc is a publicly traded real estate investment trust headquartered in Santa Monica, California. The company specializes in the ownership, management and development of high‐quality office and multifamily properties, primarily concentrated in the coastal regions of Los Angeles County and the Greater Honolulu area. As a vertically integrated real estate platform, Douglas Emmett controls all aspects of property operations, leasing, capital improvements and tenant relations, positioning it to deliver stable, long‐term cash flows.
The company’s office portfolio consists predominantly of Class A buildings located in prime business districts, featuring modern amenities, campus-like settings and environmentally conscious design elements.
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