Healthcare of Ontario Pension Plan Trust Fund Has $2.43 Million Stake in Douglas Emmett, Inc. (NYSE:DEI)

Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of Douglas Emmett, Inc. (NYSE:DEI) by 57.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 175,000 shares of the real estate investment trust’s stock after buying an additional 64,000 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Douglas Emmett were worth $2,427,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in Douglas Emmett by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 26,187,297 shares of the real estate investment trust’s stock worth $379,716,000 after acquiring an additional 229,301 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Douglas Emmett by 12.6% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 3,119,643 shares of the real estate investment trust’s stock valued at $45,235,000 after buying an additional 349,034 shares during the period. GSA Capital Partners LLP grew its holdings in shares of Douglas Emmett by 356.7% in the 1st quarter. GSA Capital Partners LLP now owns 116,902 shares of the real estate investment trust’s stock valued at $1,621,000 after buying an additional 91,305 shares during the period. Centersquare Investment Management LLC increased its position in shares of Douglas Emmett by 20.8% in the 1st quarter. Centersquare Investment Management LLC now owns 4,363,009 shares of the real estate investment trust’s stock valued at $59,817,000 after buying an additional 751,419 shares in the last quarter. Finally, Norges Bank acquired a new stake in Douglas Emmett during the 4th quarter worth $26,467,000. 97.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com raised Douglas Emmett from a “sell” rating to a “hold” rating in a research note on Monday, May 20th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $13.67.

Insider Transactions at Douglas Emmett

In other news, Director William E. Simon, Jr. bought 45,000 shares of the company’s stock in a transaction that occurred on Monday, June 10th. The shares were acquired at an average price of $13.15 per share, with a total value of $591,750.00. Following the transaction, the director now owns 45,000 shares in the company, valued at $591,750. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 14.70% of the stock is owned by insiders.

Douglas Emmett Stock Up 1.1 %

DEI opened at $15.11 on Friday. The company has a quick ratio of 4.42, a current ratio of 4.42 and a debt-to-equity ratio of 1.45. Douglas Emmett, Inc. has a 12 month low of $10.76 and a 12 month high of $16.12. The firm’s fifty day simple moving average is $13.77 and its 200 day simple moving average is $13.69.

Douglas Emmett Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 16th. Stockholders of record on Friday, June 28th were issued a $0.19 dividend. The ex-dividend date of this dividend was Friday, June 28th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.03%. Douglas Emmett’s dividend payout ratio (DPR) is -245.16%.

Douglas Emmett Company Profile

Douglas Emmett, Inc (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.