Jupiter Topco LLC Purchases Shares of 66,801 Douglas Emmett, Inc. $DEI

Jupiter Topco LLC purchased a new position in Douglas Emmett, Inc. (NYSE:DEI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 66,801 shares of the real estate investment trust’s stock, valued at approximately $789,000.

Other large investors have also modified their holdings of the company. BlackRock Inc. purchased a new position in shares of Douglas Emmett in the 2nd quarter valued at approximately $287,803,000. State Street Corp raised its holdings in shares of Douglas Emmett by 1.0% in the second quarter. State Street Corp now owns 9,759,702 shares of the real estate investment trust’s stock worth $148,593,000 after buying an additional 100,396 shares during the last quarter. Wellington Management Group LLP raised its holdings in shares of Douglas Emmett by 2.5% in the fourth quarter. Wellington Management Group LLP now owns 7,142,978 shares of the real estate investment trust’s stock worth $78,501,000 after buying an additional 171,208 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Douglas Emmett by 650.5% during the fourth quarter. Millennium Management LLC now owns 5,607,861 shares of the real estate investment trust’s stock worth $61,630,000 after buying an additional 4,860,682 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Douglas Emmett by 10.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 5,310,925 shares of the real estate investment trust’s stock worth $58,367,000 after buying an additional 506,108 shares during the period. Hedge funds and other institutional investors own 97.37% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on DEI. Evercore set a $14.00 target price on Douglas Emmett in a research report on Monday, June 8th. Citigroup lifted their price target on Douglas Emmett from $10.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Cantor Fitzgerald increased their price objective on Douglas Emmett from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Wells Fargo & Company raised their price objective on Douglas Emmett from $13.00 to $14.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Finally, Piper Sandler lifted their target price on Douglas Emmett from $11.00 to $14.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. One research analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Douglas Emmett has a consensus rating of “Hold” and an average target price of $13.71.

Douglas Emmett Trading Down 0.1%

NYSE DEI opened at $11.41 on Monday. The company has a market capitalization of $1.91 billion, a PE ratio of -76.06, a P/E/G ratio of 5.13 and a beta of 1.15. The company has a fifty day moving average of $11.95 and a 200 day moving average of $11.17. Douglas Emmett, Inc. has a 1 year low of $9.04 and a 1 year high of $16.99. The company has a debt-to-equity ratio of 1.63, a current ratio of 2.60 and a quick ratio of 2.60.

Douglas Emmett (NYSE:DEI) last released its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.38). The company had revenue of $256.55 million for the quarter, compared to analysts’ expectations of $253.35 million. Douglas Emmett had a negative net margin of 2.27% and a negative return on equity of 0.66%. The business’s quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.37 EPS. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. Research analysts forecast that Douglas Emmett, Inc. will post 1.41 earnings per share for the current year.

Douglas Emmett Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.76 dividend on an annualized basis and a yield of 6.7%. Douglas Emmett’s payout ratio is presently -506.67%.

Douglas Emmett 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.