Intech Investment Management LLC Purchases 147,066 Shares of Douglas Emmett, Inc. $DEI

Intech Investment Management LLC lifted its position in shares of Douglas Emmett, Inc. (NYSE:DEI) by 189.7% during the 4th quarter, HoldingsChannel reports. The firm owned 224,600 shares of the real estate investment trust’s stock after acquiring an additional 147,066 shares during the period. Intech Investment Management LLC’s holdings in Douglas Emmett were worth $2,468,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in DEI. EverSource Wealth Advisors LLC boosted its position in shares of Douglas Emmett by 220.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 1,166 shares in the last quarter. Westside Investment Management Inc. boosted its position in shares of Douglas Emmett by 100.0% during the third quarter. Westside Investment Management Inc. now owns 1,840 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 920 shares in the last quarter. Advisory Services Network LLC bought a new stake in Douglas Emmett in the third quarter worth $32,000. Hantz Financial Services Inc. grew its stake in shares of Douglas Emmett by 448.3% in the third quarter. Hantz Financial Services Inc. now owns 2,621 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 2,143 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Douglas Emmett by 33.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,894 shares of the real estate investment trust’s stock worth $54,000 after acquiring an additional 1,226 shares during the last quarter. 97.37% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Weiss Ratings cut Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 4th. Piper Sandler cut 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. Cantor Fitzgerald increased their target price on Douglas Emmett from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Scotiabank increased their target price on Douglas Emmett from $11.50 to $12.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 21st. Finally, Wells Fargo & Company increased their target price on Douglas Emmett from $13.00 to $14.00 and gave the stock an “overweight” rating in a research note on Monday. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $13.25.

Douglas Emmett Trading Down 1.7%

NYSE DEI opened at $11.67 on Thursday. The stock has a market cap of $1.95 billion, a P/E ratio of -68.62, a P/E/G ratio of 6.19 and a beta of 1.16. The company has a current ratio of 2.63, a quick ratio of 2.63 and a debt-to-equity ratio of 1.62. Douglas Emmett, Inc. has a 12 month low of $9.04 and a 12 month high of $16.99. The stock’s fifty day moving average price is $10.72 and its 200-day moving average price is $10.81.

Douglas Emmett (NYSE:DEI) last announced its quarterly 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 firm had revenue of $250.96 million for the quarter, compared to the consensus estimate of $251.11 million. Douglas Emmett had a negative return on equity of 0.74% and a negative net margin of 2.59%.The company’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 earnings per share. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. As a group, equities analysts forecast that Douglas Emmett, Inc. will post 1.41 EPS for the current fiscal year.

Douglas Emmett Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Tuesday, June 30th. Douglas Emmett’s dividend payout ratio is presently -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.