Douglas Emmett, Inc. $DEI Stake Trimmed by Vanguard Group Inc.

Vanguard Group Inc. lessened its stake in shares of Douglas Emmett, Inc. (NYSE:DEI) by 0.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 25,012,084 shares of the real estate investment trust’s stock after selling 189,807 shares during the period. Vanguard Group Inc. owned about 14.94% of Douglas Emmett worth $389,438,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Royal Bank of Canada increased its position in shares of Douglas Emmett by 43.4% in the first quarter. Royal Bank of Canada now owns 29,746 shares of the real estate investment trust’s stock worth $476,000 after acquiring an additional 9,007 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Douglas Emmett by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 96,105 shares of the real estate investment trust’s stock worth $1,538,000 after purchasing an additional 4,186 shares during the period. Empowered Funds LLC grew its position in Douglas Emmett by 8.4% during the 1st quarter. Empowered Funds LLC now owns 24,086 shares of the real estate investment trust’s stock worth $385,000 after purchasing an additional 1,864 shares in the last quarter. Intech Investment Management LLC raised its stake in Douglas Emmett by 33.4% during the 1st quarter. Intech Investment Management LLC now owns 83,994 shares of the real estate investment trust’s stock valued at $1,344,000 after purchasing an additional 21,035 shares during the period. Finally, Ethic Inc. lifted its holdings in shares of Douglas Emmett by 54.0% in the second quarter. Ethic Inc. now owns 18,324 shares of the real estate investment trust’s stock valued at $278,000 after purchasing an additional 6,429 shares in the last quarter. 97.37% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on DEI shares. Weiss Ratings lowered Douglas Emmett from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 12th. Scotiabank dropped their target price on Douglas Emmett from $18.00 to $16.00 and set a “sector outperform” rating on the stock in a report on Monday, November 17th. Piper Sandler reduced their price target on shares of Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating for the company in a research report on Tuesday, February 17th. Citigroup lowered their price objective on shares of Douglas Emmett from $12.00 to $10.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Finally, UBS Group downgraded shares of Douglas Emmett to a “sector perform” rating in a research report on Wednesday, January 14th. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $13.78.

Douglas Emmett Trading Up 1.7%

Shares of NYSE DEI opened at $10.51 on Friday. The business has a 50 day simple moving average of $10.72 and a 200 day simple moving average of $12.82. Douglas Emmett, Inc. has a 52 week low of $9.53 and a 52 week high of $17.47. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 116.79, a PEG ratio of 4.64 and a beta of 1.14. The company has a debt-to-equity ratio of 1.60, a quick ratio of 3.03 and a current ratio of 3.33.

Douglas Emmett (NYSE:DEI) last posted its earnings results on Tuesday, February 10th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.35. The firm had revenue of $249.43 million during the quarter, compared to analysts’ expectations of $252.91 million. Douglas Emmett had a net margin of 1.62% and a return on equity of 0.46%. The company’s revenue was up 1.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.38 earnings per share. Douglas Emmett has set its FY 2026 guidance at 1.390-1.450 EPS. On average, research analysts predict that Douglas Emmett, Inc. will post 1.45 earnings per share for the current fiscal year.

Douglas Emmett Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a $0.19 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $0.76 dividend on an annualized basis and a yield of 7.2%. Douglas Emmett’s dividend payout ratio is currently 844.44%.

Douglas Emmett Company 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.