Mitsubishi UFJ Asset Management Co. Ltd. Purchases Shares of 139,823 Douglas Emmett, Inc. $DEI

Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Douglas Emmett, Inc. (NYSE:DEI) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 139,823 shares of the real estate investment trust’s stock, valued at approximately $1,650,000. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.08% of Douglas Emmett at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Royal Bank of Canada lifted its holdings in shares of Douglas Emmett by 43.4% during the first quarter. Royal Bank of Canada now owns 29,746 shares of the real estate investment trust’s stock valued at $476,000 after acquiring an additional 9,007 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Douglas Emmett by 4.6% during the first 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 purchasing an additional 4,186 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Douglas Emmett by 8.4% in the first quarter. Empowered Funds LLC now owns 24,086 shares of the real estate investment trust’s stock valued at $385,000 after purchasing an additional 1,864 shares in the last quarter. Intech Investment Management LLC increased its stake in shares of 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 valued at $1,344,000 after buying an additional 21,035 shares during the period. Finally, Creative Planning raised its holdings in Douglas Emmett by 6.7% during the 2nd quarter. Creative Planning now owns 21,024 shares of the real estate investment trust’s stock worth $316,000 after purchasing an additional 1,317 shares during the last quarter. 97.37% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Citigroup upped their price objective on Douglas Emmett from $10.00 to $12.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Weiss Ratings raised Douglas Emmett from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, July 23rd. Piper Sandler boosted their price target on shares of Douglas Emmett from $11.00 to $14.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. Wall Street Zen raised shares of Douglas Emmett from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Finally, Evercore set a $14.00 price target on Douglas Emmett in a report on Monday, June 8th. One investment analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $13.71.

Douglas Emmett Stock Performance

Shares of NYSE:DEI opened at $11.81 on Friday. The firm has a market cap of $1.98 billion, a PE ratio of -78.73, a PEG ratio of 5.31 and a beta of 1.15. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 1.63. The company’s 50 day moving average price is $11.96 and its two-hundred day moving average price is $11.08. Douglas Emmett, Inc. has a 12-month low of $9.04 and a 12-month high of $16.99.

Douglas Emmett (NYSE:DEI) last released its earnings results 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). Douglas Emmett had a negative net margin of 2.27% and a negative return on equity of 0.66%. The company had revenue of $256.55 million for the quarter, compared to the consensus estimate of $253.35 million. During the same quarter in the previous year, the company posted $0.37 earnings per share. The business’s revenue was up 2.0% compared to the same quarter last year. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. Equities research analysts predict that Douglas Emmett, Inc. will post 1.41 earnings per share for the current year.

Douglas Emmett Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 6.4%. The ex-dividend date was Tuesday, June 30th. Douglas Emmett’s payout ratio is currently -506.67%.

About Douglas Emmett

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.