6 days Ago By ABMN Staff
Alliancebernstein L.P. cut its holdings in Douglas Emmett, Inc.
( NYSE:DEI – Free Report ) by 6.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 210,203 shares of the real estate investment trust’s stock after selling 15,041 shares during the quarter.
Alliancebernstein L.P. owned approximately 0.
13% of Douglas Emmett worth $3,901,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other hedge funds also recently bought and sold shares of the company. Smartleaf Asset Management LLC lifted its position in Douglas Emmett by 222.
4% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,252 shares of the real estate investment trust’s stock valued at $79,000 after buying an additional 2,933 shares during the period. GAMMA Investing LLC grew its stake in shares of Douglas Emmett by 19.
7% in the fourth quarter. GAMMA Investing LLC now owns 4,561 shares of the real estate investment trust’s stock worth $85,000 after acquiring an additional 750 shares during the period. Raleigh Capital Management Inc.
grew its holdings in shares of Douglas Emmett by 30.4% in the fourth quarter. Raleigh Capital Management Inc.
now owns 5,028 shares of the real estate investment trust’s stock worth $93,000 after acquiring an additional 1,172 shares during the period. KBC Group NV grew its position in Douglas Emmett by 41.1% during the fourth quarter.
KBC Group NV now owns 6,926 shares of the real estate investment trust’s stock valued at $129,000 after buying an additional 2,018 shares during the period. Finally, Quantbot Technologies LP raised its holdings in Douglas Emmett by 89.6% in the 4th quarter.
Quantbot Technologies LP now owns 9,429 shares of the real estate investment trust’s stock worth $175,000 after purchasing an additional 4,455 shares during the period. Hedge funds and other institutional investors own 97.37% of the company’s stock.
Analyst Ratings Changes DEI has been the subject of a number of analyst reports. Janney Montgomery Scott reiterated a “neutral” rating on shares of Douglas Emmett in a research note on Wednesday, January 15th. StockNews.
com downgraded Douglas Emmett from a “hold” rating to a “sell” rating in a research note on Thursday, February 6th. Wedbush upgraded shares of Douglas Emmett from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $19.00 to $21.
00 in a report on Thursday, January 2nd. Piper Sandler raised Douglas Emmett from a “neutral” rating to an “overweight” rating and set a $20.00 price objective on the stock in a research note on Monday, January 13th.
Finally, Jefferies Financial Group started coverage on shares of Douglas Emmett in a research note on Monday, March 17th. They issued a “hold” rating and a $16.00 target price on the stock.
One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Douglas Emmett presently has a consensus rating of “Hold” and a consensus price target of $18.50.
Douglas Emmett Trading Up 3.4 % Shares of NYSE:DEI opened at $13.84 on Tuesday.
The company has a quick ratio of 4.09, a current ratio of 4.32 and a debt-to-equity ratio of 1.
50. Douglas Emmett, Inc. has a 52-week low of $12.
39 and a 52-week high of $20.50. The stock has a market cap of $2.
32 billion, a price-to-earnings ratio of 106.47 and a beta of 1.09.
The business has a 50-day moving average price of $15.99 and a 200-day moving average price of $17.53.
Douglas Emmett ( NYSE:DEI – Get Free Report ) last announced its quarterly earnings results on Tuesday, February 4th. The real estate investment trust reported $0.38 earnings per share for the quarter, beating the consensus estimate of ($0.
06) by $0.44. Douglas Emmett had a return on equity of 0.
63% and a net margin of 2.38%. Equities analysts predict that Douglas Emmett, Inc.
will post 1.45 EPS for the current year. Douglas Emmett Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th.
Stockholders of record on Monday, March 31st will be paid a dividend of $0.19 per share. This represents a $0.
76 annualized dividend and a dividend yield of 5.49%. The ex-dividend date of this dividend is Monday, March 31st.
Douglas Emmett’s payout ratio is 584.62%. Douglas Emmett Company Profile ( Free Report ) Douglas Emmett, Inc (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu.
Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities. Featured Articles Want to see what other hedge funds are holding DEI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Douglas Emmett, Inc.
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