Canada Pension Plan Investment Board Makes New $870,000 Investment in Douglas Emmett, Inc. $DEI

Canada Pension Plan Investment Board purchased a new stake in Douglas Emmett, Inc. (NYSE:DEI) in the 2nd quarter, according to its most recent filing with the SEC. The fund purchased 73,700 shares of the real estate investment trust’s stock, valued at approximately $870,000.

Other large investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its holdings 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 worth $25,000 after purchasing an additional 1,166 shares during the last quarter. Advisory Services Network LLC acquired a new position in Douglas Emmett in the third quarter valued at $32,000. Hantz Financial Services Inc. increased its stake in Douglas Emmett by 98.7% in the fourth quarter. Hantz Financial Services Inc. now owns 5,209 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 2,588 shares during the last quarter. Frazier Financial Advisors LLC increased its stake in Douglas Emmett by 47.0% in the fourth quarter. Frazier Financial Advisors LLC now owns 5,456 shares of the real estate investment trust’s stock valued at $60,000 after purchasing an additional 1,745 shares during the last quarter. Finally, Allworth Financial LP purchased a new position in Douglas Emmett during the second quarter worth about $68,000. Hedge funds and other institutional investors own 97.37% of the company’s stock.

Douglas Emmett Price Performance

Shares of Douglas Emmett stock opened at $11.58 on Tuesday. Douglas Emmett, Inc. has a twelve month low of $9.04 and a twelve month high of $16.99. The stock has a market capitalization of $1.94 billion, a P/E ratio of -77.19, a PEG ratio of 5.28 and a beta of 1.15. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 1.63. The business’s fifty day moving average price is $11.97 and its 200 day moving average price is $11.14.

Douglas Emmett (NYSE:DEI) last posted its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.38). The firm had revenue of $256.55 million for the quarter, compared to analysts’ expectations of $253.35 million. Douglas Emmett had a negative net margin of 2.27% and a negative return on equity of 0.66%. Douglas Emmett’s revenue was up 2.0% on a year-over-year basis. During the same period last year, the firm posted $0.37 EPS. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. As a group, research analysts anticipate that Douglas Emmett, Inc. will post 1.41 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Weiss Ratings raised Douglas Emmett from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, July 23rd. Citigroup upped their price objective on shares of Douglas Emmett from $10.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Piper Sandler increased their price objective on shares of Douglas Emmett from $11.00 to $14.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Scotiabank increased their price objective on shares of Douglas Emmett from $12.00 to $13.00 and gave the stock a “sector perform” rating in a report on Tuesday, July 21st. Finally, Evercore set a $14.00 target price on shares of Douglas Emmett in a research report on Monday, June 8th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $13.71.

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.