Louisiana State Employees Retirement System Makes New Investment in Douglas Emmett, Inc. $DEI

Louisiana State Employees Retirement System acquired a new position in shares of Douglas Emmett, Inc. (NYSE:DEI) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 74,300 shares of the real estate investment trust’s stock, valued at approximately $700,000.

Several other institutional investors have also recently bought and sold shares of DEI. Vanderbilt University bought a new position in shares of Douglas Emmett in the 1st quarter valued at about $114,000. Hsbc Holdings PLC lifted its holdings in shares of Douglas Emmett by 27.3% during the fourth quarter. Hsbc Holdings PLC now owns 1,784,496 shares of the real estate investment trust’s stock worth $19,642,000 after buying an additional 382,249 shares in the last quarter. Rockefeller Capital Management L.P. grew its position in shares of Douglas Emmett by 47.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 216,118 shares of the real estate investment trust’s stock worth $2,375,000 after purchasing an additional 69,525 shares in the last quarter. Corient Private Wealth LLC acquired a new position in Douglas Emmett in the 4th quarter valued at $144,000. Finally, Caitong International Asset Management Co. Ltd grew its stake in Douglas Emmett by 470.1% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 7,502 shares of the real estate investment trust’s stock worth $82,000 after buying an additional 6,186 shares in the last quarter. Institutional investors own 97.37% of the company’s stock.

Douglas Emmett Stock Performance

DEI traded down $0.10 during trading hours on Tuesday, hitting $12.47. The stock had a trading volume of 80,232 shares, compared to its average volume of 2,611,704. Douglas Emmett, Inc. has a 1 year low of $9.04 and a 1 year high of $16.99. The company’s fifty day simple moving average is $11.78 and its 200 day simple moving average is $10.85. The stock has a market cap of $2.09 billion, a PE ratio of -73.32, a price-to-earnings-growth ratio of 6.51 and a beta of 1.15. 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 (NYSE:DEI) last posted its quarterly earnings results on Tuesday, May 5th. The real estate investment trust reported $0.37 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 firm had revenue of $250.96 million during the quarter, compared to analyst estimates of $251.11 million. During the same period last year, the company earned $0.40 earnings per share. The business’s revenue for the quarter was down .4% on a year-over-year basis. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. Equities analysts anticipate that Douglas Emmett, Inc. will post 1.41 earnings per share for the current year.

Douglas Emmett Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Tuesday, June 30th. Douglas Emmett’s dividend payout ratio is presently -447.06%.

Analyst Upgrades and Downgrades

DEI has been the subject of several research reports. Cantor Fitzgerald increased their price objective on shares of Douglas Emmett from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Evercore set a $14.00 target price on shares of Douglas Emmett in a report on Monday, June 8th. Wall Street Zen raised Douglas Emmett from a “sell” rating to a “hold” rating in a research note on Saturday, June 27th. Citigroup upped their target price on Douglas Emmett from $10.00 to $12.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Finally, Wells Fargo & Company boosted their price target on shares of Douglas Emmett from $13.00 to $14.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Douglas Emmett currently has a consensus rating of “Hold” and a consensus price target of $13.50.

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.