TheStreet upgraded shares of Douglas Emmett, Inc. (NYSE:DEI) from a c+ rating to a b- rating in a research report released on Wednesday.

DEI has been the topic of several other reports. Stifel Nicolaus reissued a buy rating and issued a $42.00 price objective on shares of Douglas Emmett in a research report on Thursday, September 21st. Zacks Investment Research raised Douglas Emmett from a hold rating to a buy rating and set a $43.00 price objective on the stock in a research report on Tuesday, July 18th. Mizuho reissued a hold rating and issued a $41.00 price objective on shares of Douglas Emmett in a research report on Friday, October 27th. Robert W. Baird raised their price objective on Douglas Emmett from $45.00 to $47.00 and gave the company an outperform rating in a research report on Friday, November 10th. Finally, KeyCorp reissued a hold rating on shares of Douglas Emmett in a research report on Sunday, September 24th. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus target price of $40.60.

Douglas Emmett (DEI) opened at $40.51 on Wednesday. Douglas Emmett has a 52-week low of $34.98 and a 52-week high of $41.12. The company has a market capitalization of $6,840.00, a PE ratio of 21.51, a price-to-earnings-growth ratio of 3.33 and a beta of 0.72.

Douglas Emmett (NYSE:DEI) last released its quarterly earnings data on Tuesday, November 7th. The real estate investment trust reported $0.48 EPS for the quarter, meeting the consensus estimate of $0.48. Douglas Emmett had a return on equity of 2.58% and a net margin of 11.29%. The company had revenue of $208.75 million for the quarter, compared to analyst estimates of $203.99 million. During the same period last year, the company posted $0.47 earnings per share. The firm’s revenue was up 8.7% compared to the same quarter last year. analysts anticipate that Douglas Emmett will post 1.9 EPS for the current fiscal year.

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In other news, Chairman Dan A. Emmett sold 100,000 shares of Douglas Emmett stock in a transaction dated Friday, September 22nd. The stock was sold at an average price of $38.99, for a total transaction of $3,899,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 17.80% of the stock is currently owned by insiders.

A number of institutional investors have recently made changes to their positions in DEI. Teachers Advisors LLC increased its holdings in Douglas Emmett by 3.3% in the first quarter. Teachers Advisors LLC now owns 200,090 shares of the real estate investment trust’s stock valued at $7,683,000 after buying an additional 6,471 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in Douglas Emmett by 9.1% in the first quarter. PNC Financial Services Group Inc. now owns 3,600 shares of the real estate investment trust’s stock valued at $139,000 after buying an additional 299 shares during the last quarter. Renaissance Technologies LLC increased its holdings in Douglas Emmett by 82.7% in the first quarter. Renaissance Technologies LLC now owns 237,300 shares of the real estate investment trust’s stock valued at $9,112,000 after buying an additional 107,400 shares during the last quarter. Fox Run Management L.L.C. bought a new stake in Douglas Emmett in the second quarter valued at about $260,000. Finally, Capstone Asset Management Co. increased its holdings in Douglas Emmett by 8.3% in the second quarter. Capstone Asset Management Co. now owns 12,178 shares of the real estate investment trust’s stock valued at $465,000 after buying an additional 930 shares during the last quarter. 95.88% of the stock is owned by hedge funds and other institutional investors.

About Douglas Emmett

Douglas Emmett, Inc is a self-administered and self-managed real estate investment trust (REIT). The Company is owner and operator of office and multifamily properties located in submarkets in Los Angeles and Honolulu. The Company operates through two segments: the acquisition, development, ownership and management of office real estate (Office Segment), and the acquisition, development, ownership and management of multifamily real estate (Multifamily Segment).

Analyst Recommendations for Douglas Emmett (NYSE:DEI)

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