Douglas Emmett, Inc. $DEI Shares Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd grew its holdings in Douglas Emmett, Inc. (NYSE:DEI) by 69.6% during the first quarter, HoldingsChannel reports. The fund owned 263,911 shares of the real estate investment trust’s stock after purchasing an additional 108,311 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Douglas Emmett were worth $2,486,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its holdings in 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 worth $25,000 after purchasing an additional 1,166 shares in the last quarter. Advisory Services Network LLC acquired a new position in shares of Douglas Emmett in the 3rd quarter valued at $32,000. Mirae Asset Global Investments Co. Ltd. grew its position in shares of 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 valued at $54,000 after buying an additional 1,226 shares during the last quarter. Hantz Financial Services Inc. grew its position in shares of Douglas Emmett by 98.7% in the 4th quarter. Hantz Financial Services Inc. now owns 5,209 shares of the real estate investment trust’s stock valued at $57,000 after buying an additional 2,588 shares during the last quarter. Finally, Frazier Financial Advisors LLC raised its stake in Douglas Emmett by 47.0% during the 4th quarter. Frazier Financial Advisors LLC now owns 5,456 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 1,745 shares in the last quarter. 97.37% of the stock is owned by institutional investors and hedge funds.

Douglas Emmett Stock Performance

Shares of DEI stock opened at $12.22 on Wednesday. The stock’s 50-day moving average price is $11.81 and its 200 day moving average price is $10.85. The company has a quick ratio of 2.63, a current ratio of 2.63 and a debt-to-equity ratio of 1.62. The stock has a market capitalization of $2.05 billion, a PE ratio of -71.91, a price-to-earnings-growth ratio of 6.54 and a beta of 1.15. Douglas Emmett, Inc. has a 52-week low of $9.04 and a 52-week high of $16.99.

Douglas Emmett (NYSE:DEI) last released its 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. 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 analyst estimates of $251.11 million. During the same quarter in the previous year, the company posted $0.40 earnings per share. The company’s revenue for the quarter was down .4% compared to the same quarter last year. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. As a group, equities research analysts forecast that Douglas Emmett, Inc. will post 1.41 EPS for the current year.

Douglas Emmett Announces Dividend

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 $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Douglas Emmett’s dividend payout ratio (DPR) is currently -447.06%.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Wells Fargo & Company upped their price objective on shares of Douglas Emmett from $13.00 to $14.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Scotiabank lifted their target price on Douglas Emmett from $11.50 to $12.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 21st. Wall Street Zen raised Douglas Emmett from a “sell” rating to a “hold” rating in a report on Saturday, June 27th. Cantor Fitzgerald upped their target price on Douglas Emmett from $11.00 to $12.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Finally, Citigroup lifted their price target on Douglas Emmett from $10.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $13.50.

Douglas Emmett Company 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.