Hsbc Holdings PLC boosted its stake in Douglas Emmett, Inc. (NYSE:DEI – Free Report) by 27.3% in the 4th quarter, Holdings Channel reports. The firm owned 1,784,496 shares of the real estate investment trust’s stock after buying an additional 382,249 shares during the quarter. Hsbc Holdings PLC’s holdings in Douglas Emmett were worth $19,642,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its position in shares of Douglas Emmett by 43.4% in the first quarter. Royal Bank of Canada now owns 29,746 shares of the real estate investment trust’s stock worth $476,000 after buying an additional 9,007 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Douglas Emmett by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 96,105 shares of the real estate investment trust’s stock worth $1,538,000 after acquiring an additional 4,186 shares in the last quarter. Empowered Funds LLC lifted its position in Douglas Emmett by 8.4% during the 1st quarter. Empowered Funds LLC now owns 24,086 shares of the real estate investment trust’s stock worth $385,000 after acquiring an additional 1,864 shares in the last quarter. Intech Investment Management LLC boosted its holdings in Douglas Emmett by 33.4% in the 1st quarter. Intech Investment Management LLC now owns 83,994 shares of the real estate investment trust’s stock worth $1,344,000 after acquiring an additional 21,035 shares during the period. Finally, Creative Planning boosted its holdings in Douglas Emmett by 6.7% in the 2nd quarter. Creative Planning now owns 21,024 shares of the real estate investment trust’s stock worth $316,000 after acquiring an additional 1,317 shares during the period. 97.37% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several analysts have issued reports on DEI shares. Scotiabank increased their price objective on shares of Douglas Emmett from $11.50 to $12.00 and gave the company a “sector perform” rating in a research report on Thursday, May 21st. Weiss Ratings cut shares of Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. Citigroup upped their target price on shares of Douglas Emmett from $10.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Evercore set a $14.00 price target on shares of Douglas Emmett in a report on Monday, June 8th. Finally, Cantor Fitzgerald boosted their price objective on shares of Douglas Emmett from $11.00 to $12.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. One investment 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’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $13.50.
Douglas Emmett Price Performance
Shares of NYSE DEI opened at $11.52 on Thursday. The company has a quick ratio of 2.63, a current ratio of 2.63 and a debt-to-equity ratio of 1.62. Douglas Emmett, Inc. has a fifty-two week low of $9.04 and a fifty-two week high of $16.99. The business has a 50 day moving average price of $11.51 and a two-hundred day moving average price of $10.82. The firm has a market cap of $1.93 billion, a PE ratio of -67.74, a price-to-earnings-growth ratio of 6.10 and a beta of 1.16.
Douglas Emmett (NYSE:DEI – Get Free Report) last announced its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The company had revenue of $250.96 million for 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%.Douglas Emmett’s quarterly revenue was down .4% on a year-over-year basis. During the same period in the prior year, the company posted $0.40 EPS. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. Sell-side analysts expect that Douglas Emmett, Inc. will post 1.41 earnings per share for the current fiscal year.
Douglas Emmett Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Tuesday, June 30th. Douglas Emmett’s dividend payout ratio is -447.06%.
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.
Read More
- Five stocks we like better than Douglas Emmett
- Why KB Home Could Reward Patient Investors Later
- Meta’s Internal Turmoil: Morale Nears 20-Year Low at the Wrong Time
- Tesla’s New NHTSA Probe Lands at the Worst Possible Time
- Nano Nuclear’s AI Data Center Deal Puts the Stock Back in Focus
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. (NYSE:DEI – Free Report).
Receive News & Ratings for Douglas Emmett Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Douglas Emmett and related companies with MarketBeat.com's FREE daily email newsletter.
