Hsbc Holdings PLC Makes New $26.31 Million Investment in Douglas Emmett, Inc. $DEI

Hsbc Holdings PLC bought a new position in Douglas Emmett, Inc. (NYSE:DEI) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 2,202,536 shares of the real estate investment trust’s stock, valued at approximately $26,308,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. BlackRock Inc. purchased a new stake in shares of Douglas Emmett during the 2nd quarter valued at approximately $287,803,000. Millennium Management LLC grew its stake in Douglas Emmett by 650.5% in the 4th quarter. Millennium Management LLC now owns 5,607,861 shares of the real estate investment trust’s stock valued at $61,630,000 after buying an additional 4,860,682 shares in the last quarter. Legal & General Group Plc purchased a new position in Douglas Emmett in the 2nd quarter valued at approximately $27,572,000. Bank of New York Mellon Corp bought a new stake in Douglas Emmett during the 2nd quarter valued at $18,002,000. Finally, Alyeska Investment Group L.P. raised its holdings in Douglas Emmett by 142.7% during the 3rd quarter. Alyeska Investment Group L.P. now owns 2,544,575 shares of the real estate investment trust’s stock valued at $39,619,000 after acquiring an additional 1,496,132 shares during the period. Institutional investors own 97.37% of the company’s stock.

Douglas Emmett Stock Performance

Douglas Emmett stock opened at $11.90 on Friday. Douglas Emmett, Inc. has a 1-year low of $9.04 and a 1-year high of $16.99. 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 firm has a market capitalization of $1.99 billion, a PE ratio of -79.36, a price-to-earnings-growth ratio of 5.36 and a beta of 1.15. The firm’s 50 day simple moving average is $11.97 and its 200 day simple moving average is $11.12.

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

Analyst Ratings Changes

Several equities research analysts have issued reports on DEI shares. Wells Fargo & Company increased their target price on Douglas Emmett from $13.00 to $14.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Piper Sandler boosted their price objective on Douglas Emmett from $11.00 to $14.00 and gave the company a “neutral” rating in a research note on Tuesday, July 21st. Wall Street Zen raised Douglas Emmett from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. Scotiabank increased their price objective on Douglas Emmett from $12.00 to $13.00 and gave the stock a “sector perform” rating in a report on Tuesday, July 21st. Finally, Citigroup raised their target price on Douglas Emmett from $10.00 to $12.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $13.71.

Douglas Emmett 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.