UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 66,773 Shares of Douglas Emmett, Inc. $DEI

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Douglas Emmett, Inc. (NYSE:DEIFree Report) by 7.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 982,444 shares of the real estate investment trust’s stock after purchasing an additional 66,773 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.59% of Douglas Emmett worth $11,593,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Public Employees Retirement System of Ohio bought a new position in Douglas Emmett in the second quarter valued at about $2,254,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Douglas Emmett in the 2nd quarter valued at approximately $1,650,000. BlackRock Inc. acquired a new stake in shares of Douglas Emmett in the 2nd quarter valued at approximately $287,803,000. Quantinno Capital Management LP grew its holdings in shares of Douglas Emmett by 52.4% during the 1st quarter. Quantinno Capital Management LP now owns 377,327 shares of the real estate investment trust’s stock valued at $3,554,000 after purchasing an additional 129,785 shares during the last quarter. Finally, Centersquare Investment Management LLC increased its position in Douglas Emmett by 54.7% during the 4th quarter. Centersquare Investment Management LLC now owns 2,539,450 shares of the real estate investment trust’s stock worth $27,909,000 after purchasing an additional 897,630 shares in the last quarter. 97.37% of the stock is currently owned by institutional investors.

Douglas Emmett Stock Performance

Shares of Douglas Emmett stock opened at $11.41 on Monday. The stock has a market cap of $1.91 billion, a price-to-earnings ratio of -76.06, a P/E/G ratio of 5.13 and a beta of 1.15. Douglas Emmett, Inc. has a twelve month low of $9.04 and a twelve month high of $16.99. The company’s fifty day moving average is $11.95 and its 200 day moving average is $11.17. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 1.63.

Douglas Emmett (NYSE:DEIGet Free Report) last announced its earnings results on Tuesday, August 4th. The real estate investment trust reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.38). The company had revenue of $256.55 million for the quarter, compared to the consensus estimate of $253.35 million. Douglas Emmett had a negative return on equity of 0.66% and a negative net margin of 2.27%.The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.37 earnings per share. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. Sell-side analysts forecast that Douglas Emmett, Inc. will post 1.41 EPS for the current year.

Douglas Emmett Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date of this dividend is Wednesday, September 30th. Douglas Emmett’s payout ratio is currently -506.67%.

Analyst Ratings Changes

DEI has been the subject of several research reports. Wells Fargo & Company increased 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. Weiss Ratings upgraded shares of Douglas Emmett from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, July 23rd. Evercore set a $14.00 price objective on 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 report on Saturday, August 15th. Finally, Cantor Fitzgerald increased their target price on Douglas Emmett from $12.00 to $13.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $13.71.

Read Our Latest Stock Report on DEI

About Douglas Emmett

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Douglas Emmett (NYSE:DEI)

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