Intech Investment Management LLC Increases Stake in Douglas Emmett, Inc. $DEI

Intech Investment Management LLC boosted its stake in Douglas Emmett, Inc. (NYSE:DEI) by 189.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 224,600 shares of the real estate investment trust’s stock after purchasing an additional 147,066 shares during the period. Intech Investment Management LLC owned about 0.13% of Douglas Emmett worth $2,468,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. EverSource Wealth Advisors LLC increased its stake in Douglas Emmett by 220.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 1,166 shares during the period. Westside Investment Management Inc. increased its stake in Douglas Emmett by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 1,840 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 920 shares during the period. Advisory Services Network LLC purchased a new position in Douglas Emmett in the 3rd quarter worth approximately $32,000. Hantz Financial Services Inc. increased its stake in Douglas Emmett by 448.3% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,621 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 2,143 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in Douglas Emmett by 33.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,894 shares of the real estate investment trust’s stock worth $54,000 after purchasing an additional 1,226 shares during the period. 97.37% of the stock is owned by hedge funds and other institutional investors.

Douglas Emmett Price Performance

DEI opened at $11.67 on Thursday. The company has a debt-to-equity ratio of 1.62, a quick ratio of 2.63 and a current ratio of 2.63. Douglas Emmett, Inc. has a 52-week low of $9.04 and a 52-week high of $16.99. The stock has a market capitalization of $1.95 billion, a PE ratio of -68.62, a price-to-earnings-growth ratio of 6.19 and a beta of 1.16. The stock’s 50 day moving average price is $10.72 and its 200-day moving average price is $10.81.

Douglas Emmett (NYSE:DEI) last posted its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $251.11 million. During the same period in the previous year, the firm earned $0.40 earnings per share. The business’s 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 predict that Douglas Emmett, Inc. will post 1.41 EPS for the current year.

Douglas Emmett Announces Dividend

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 given a dividend of $0.19 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.76 annualized dividend and a dividend yield of 6.5%. Douglas Emmett’s payout ratio is currently -447.06%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Citigroup lifted their price target on Douglas Emmett from $10.00 to $12.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. 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 reduced 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 boosted their target price on Douglas Emmett from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Finally, Evercore set a $12.00 target price on Douglas Emmett in a research note on Wednesday, February 11th. One investment analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Douglas Emmett has an average rating of “Hold” and a consensus target price of $13.25.

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.