Douglas Emmett, Inc. $DEI Shares Acquired by Legal & General Group Plc

Legal & General Group Plc increased its stake in shares of Douglas Emmett, Inc. (NYSE:DEI) by 18.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,494,659 shares of the real estate investment trust’s stock after acquiring an additional 396,487 shares during the period. Legal & General Group Plc’s holdings in Douglas Emmett were worth $27,416,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of DEI. State Street Corp boosted its position in Douglas Emmett by 1.0% in the 2nd quarter. State Street Corp now owns 9,759,702 shares of the real estate investment trust’s stock worth $148,593,000 after purchasing an additional 100,396 shares in the last quarter. Wellington Management Group LLP increased its holdings in Douglas Emmett by 3.8% in the third quarter. Wellington Management Group LLP now owns 6,971,770 shares of the real estate investment trust’s stock valued at $108,550,000 after buying an additional 256,191 shares in the last quarter. Alyeska Investment Group L.P. raised its position in shares of Douglas Emmett by 142.7% in the third quarter. Alyeska Investment Group L.P. now owns 2,544,575 shares of the real estate investment trust’s stock worth $39,619,000 after acquiring an additional 1,496,132 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Douglas Emmett by 2.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,392,990 shares of the real estate investment trust’s stock worth $37,259,000 after acquiring an additional 67,984 shares in the last quarter. Finally, Victory Capital Management Inc. grew its position in shares of Douglas Emmett by 19.5% during the 3rd 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 acquiring an additional 374,928 shares during the period. 97.37% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently commented on DEI. Citigroup boosted their price objective on 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 dropped their price target on shares of 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 boosted their price target on shares of Douglas Emmett from $11.00 to $12.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Weiss Ratings downgraded shares of Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 4th. Finally, Evercore set a $12.00 target price on shares of Douglas Emmett in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Douglas Emmett currently has a consensus rating of “Hold” and an average target price of $13.38.

Douglas Emmett Stock Performance

NYSE DEI opened at $11.66 on Monday. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.63 and a quick ratio of 2.63. The stock’s 50 day simple moving average is $10.59 and its 200-day simple moving average is $10.82. The company has a market cap of $1.95 billion, a PE ratio of -68.56, a price-to-earnings-growth ratio of 6.07 and a beta of 1.16. Douglas Emmett, Inc. has a 1-year low of $9.04 and a 1-year high of $16.99.

Douglas Emmett (NYSE:DEI) last posted its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.37 EPS for the quarter, beating the consensus estimate of $0.36 by $0.01. The firm had revenue of $250.96 million during 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 firm’s revenue was down .4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.40 EPS. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. As a group, equities research analysts anticipate that Douglas Emmett, Inc. will post 1.41 EPS for the current fiscal year.

Douglas Emmett Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Tuesday, June 30th. Douglas Emmett’s dividend payout ratio is -447.06%.

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.