Douglas Emmett Target of Unusually Large Options Trading (NYSE:DEI)

Douglas Emmett, Inc. (NYSE:DEI) was the recipient of some unusual options trading activity on Wednesday. Stock traders acquired 4,001 call options on the stock. This is an increase of 463% compared to the average volume of 711 call options.

Douglas Emmett Stock Performance

Shares of DEI traded down $0.05 during mid-day trading on Wednesday, hitting $11.33. 248,545 shares of the company’s stock were exchanged, compared to its average volume of 2,658,331. 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 has a 52 week low of $9.04 and a 52 week high of $16.99. The stock’s 50-day simple moving average is $10.32 and its 200-day simple moving average is $10.87. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of -66.62, a price-to-earnings-growth ratio of 6.07 and a beta of 1.14.

Douglas Emmett (NYSE:DEI) last issued its quarterly earnings results on Tuesday, May 5th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. Douglas Emmett had a negative return on equity of 0.74% and a negative net margin of 2.59%.The business had revenue of $250.96 million for the quarter, compared to the consensus estimate of $251.11 million. During the same quarter in the prior year, the business posted $0.40 earnings per share. The firm’s quarterly revenue was down .4% compared to the same quarter last year. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. On average, equities research analysts expect that Douglas Emmett will post 1.41 EPS for the current year.

Douglas Emmett Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend was Tuesday, March 31st. Douglas Emmett’s payout ratio is -447.06%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on DEI shares. Weiss Ratings cut Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 4th. Piper Sandler lowered their target price on Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 17th. Evercore set a $12.00 price target on Douglas Emmett in a research note on Wednesday, February 11th. 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. Finally, Cantor Fitzgerald increased their price objective on Douglas Emmett from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $13.31.

Institutional Investors Weigh In On Douglas Emmett

A number of large investors have recently bought and sold shares of DEI. Massachusetts Financial Services Co. MA raised its position in shares of Douglas Emmett by 18.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,684,450 shares of the real estate investment trust’s stock valued at $88,507,000 after buying an additional 899,233 shares in the last quarter. Bayhunt Capital LLC acquired a new stake in shares of Douglas Emmett during the 4th quarter worth approximately $4,012,000. JPMorgan Chase & Co. increased its stake in Douglas Emmett by 8.6% in the third quarter. JPMorgan Chase & Co. now owns 1,718,393 shares of the real estate investment trust’s stock valued at $26,755,000 after acquiring an additional 135,622 shares during the last quarter. Victory Capital Management Inc. raised its position in Douglas Emmett by 19.5% during the third quarter. Victory Capital Management Inc. now owns 2,295,210 shares of the real estate investment trust’s stock valued at $35,736,000 after purchasing an additional 374,928 shares in the last quarter. Finally, Public Sector Pension Investment Board raised its position in Douglas Emmett by 14.4% during the third quarter. Public Sector Pension Investment Board now owns 653,180 shares of the real estate investment trust’s stock valued at $10,170,000 after purchasing an additional 82,286 shares in the last quarter. 97.37% of the stock is currently owned by institutional investors and hedge funds.

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.