Rockefeller Capital Management L.P. Increases Position in Douglas Emmett, Inc. $DEI

Rockefeller Capital Management L.P. increased its position in shares of Douglas Emmett, Inc. (NYSE:DEIFree Report) by 47.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 216,118 shares of the real estate investment trust’s stock after purchasing an additional 69,525 shares during the period. Rockefeller Capital Management L.P.’s holdings in Douglas Emmett were worth $2,375,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Cetera Investment Advisers raised its holdings in Douglas Emmett by 6.7% during the second quarter. Cetera Investment Advisers now owns 12,220 shares of the real estate investment trust’s stock valued at $184,000 after acquiring an additional 766 shares during the period. California State Teachers Retirement System lifted its holdings in Douglas Emmett by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 154,385 shares of the real estate investment trust’s stock worth $2,322,000 after purchasing an additional 819 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in Douglas Emmett by 6.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 13,931 shares of the real estate investment trust’s stock worth $217,000 after purchasing an additional 844 shares during the period. EverSource Wealth Advisors LLC grew its holdings in Douglas Emmett by 220.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 1,166 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in shares of Douglas Emmett by 33.4% during the fourth 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. Hedge funds and other institutional investors own 97.37% of the company’s stock.

Douglas Emmett Price Performance

NYSE:DEI opened at $11.87 on Tuesday. The firm has a market capitalization of $1.99 billion, a price-to-earnings ratio of -69.79, a PEG ratio of 6.21 and a beta of 1.16. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.63 and a quick ratio of 2.63. The business has a 50 day simple moving average of $11.61 and a 200-day simple moving average of $10.82. Douglas Emmett, Inc. has a 1 year low of $9.04 and a 1 year high of $16.99.

Douglas Emmett (NYSE:DEIGet Free Report) last released its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.37 earnings per share 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 the consensus estimate of $251.11 million. During the same quarter in the previous year, the company posted $0.40 EPS. 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. Equities analysts forecast that Douglas Emmett, Inc. will post 1.41 EPS for the current year.

Douglas Emmett Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders 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 dividend on an annualized basis and a yield of 6.4%. Douglas Emmett’s payout ratio is -447.06%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on DEI shares. Wells Fargo & Company boosted their target price on shares of Douglas Emmett from $13.00 to $14.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Citigroup lifted their price target on shares of Douglas Emmett from $10.00 to $12.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Scotiabank boosted their price target on shares of Douglas Emmett from $11.50 to $12.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 21st. Weiss Ratings lowered Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. Finally, Cantor Fitzgerald boosted their target price on Douglas Emmett from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $13.50.

View 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.

See Also

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

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