UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 66,773 Shares of Douglas Emmett, Inc. $DEI

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Douglas Emmett, Inc. (NYSE:DEIFree Report) by 7.3% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 982,444 shares of the real estate investment trust’s stock after purchasing an additional 66,773 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Douglas Emmett were worth $11,593,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Royal Bank of Canada raised its position in shares of Douglas Emmett by 43.4% in the 1st quarter. Royal Bank of Canada now owns 29,746 shares of the real estate investment trust’s stock worth $476,000 after acquiring an additional 9,007 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Douglas Emmett by 4.6% in 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 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 worth $385,000 after purchasing an additional 1,864 shares in the last quarter. Intech Investment Management LLC lifted its stake in Douglas Emmett by 33.4% in the first 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 boosted its holdings in shares of 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 buying an additional 1,317 shares in the last quarter. Institutional investors own 97.37% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on DEI. Citigroup boosted their target price on shares of Douglas Emmett from $10.00 to $12.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Piper Sandler increased their price objective 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. Evercore set a $14.00 target price on Douglas Emmett in a research note on Monday, June 8th. Weiss Ratings raised Douglas Emmett from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, July 23rd. Finally, Scotiabank increased their price target on Douglas Emmett from $12.00 to $13.00 and gave the stock a “sector perform” rating in a report on Tuesday, July 21st. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $13.71.

Get Our Latest Analysis on DEI

Douglas Emmett Stock Down 0.1%

Douglas Emmett stock opened at $11.41 on Monday. The firm has a market capitalization of $1.91 billion, a price-to-earnings ratio of -76.06, a price-to-earnings-growth ratio of 5.13 and a beta of 1.15. The firm’s fifty day moving average price is $11.95 and its two-hundred day moving average price is $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 current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 1.63.

Douglas Emmett (NYSE:DEIGet Free Report) last posted its earnings results on Tuesday, August 4th. The real estate investment trust reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.36 by ($0.38). Douglas Emmett had a negative return on equity of 0.66% and a negative net margin of 2.27%.The business had revenue of $256.55 million for the quarter, compared to the consensus estimate of $253.35 million. During the same period in the previous year, the firm earned $0.37 earnings per share. The company’s revenue was up 2.0% on a year-over-year basis. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. On average, equities research analysts predict that Douglas Emmett, Inc. will post 1.41 earnings per share for the current fiscal year.

Douglas Emmett Dividend Announcement

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

About Douglas Emmett

(Free Report)

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.

Further Reading

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:DEIFree Report).

Institutional Ownership by Quarter for Douglas Emmett (NYSE:DEI)

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.