Mitsubishi UFJ Asset Management Co. Ltd. Acquires New Shares in Douglas Emmett, Inc. $DEI

Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Douglas Emmett, Inc. (NYSE:DEI) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 139,823 shares of the real estate investment trust’s stock, valued at approximately $1,650,000.

Other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp bought a new stake in shares of Douglas Emmett in the 2nd quarter valued at about $18,002,000. Focus Partners Advisor Solutions LLC acquired a new position in shares of Douglas Emmett during the 2nd quarter valued at $130,000. Handelsbanken Fonder AB boosted its position in shares of Douglas Emmett by 42.6% during the 2nd quarter. Handelsbanken Fonder AB now owns 72,260 shares of the real estate investment trust’s stock worth $853,000 after purchasing an additional 21,600 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Douglas Emmett by 19.5% in the second quarter. GAMMA Investing LLC now owns 11,735 shares of the real estate investment trust’s stock worth $138,000 after acquiring an additional 1,912 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Douglas Emmett by 34.6% in the 1st quarter. Bank of America Corp DE now owns 918,712 shares of the real estate investment trust’s stock worth $8,654,000 after purchasing an additional 236,105 shares in the last quarter. Institutional investors own 97.37% of the company’s stock.

Douglas Emmett Stock Down 0.4%

Shares of NYSE:DEI opened at $11.81 on Friday. 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 stock’s 50-day moving average price is $11.96 and its 200-day moving average price is $11.08. The stock has a market capitalization of $1.98 billion, a P/E ratio of -78.73, a price-to-earnings-growth ratio of 5.31 and a beta of 1.15. Douglas Emmett, Inc. has a 12-month low of $9.04 and a 12-month high of $16.99.

Douglas Emmett (NYSE:DEI) last released its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.38). Douglas Emmett had a negative net margin of 2.27% and a negative return on equity of 0.66%. The company had revenue of $256.55 million for the quarter, compared to analysts’ expectations of $253.35 million. During the same period last year, the company posted $0.37 EPS. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. On average, equities analysts anticipate that Douglas Emmett, Inc. will post 1.41 earnings per share for the current year.

Douglas Emmett Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.76 dividend on an annualized basis and a yield of 6.4%. Douglas Emmett’s dividend payout ratio is presently -506.67%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Evercore set a $14.00 target price on Douglas Emmett in a research report on Monday, June 8th. Weiss Ratings raised shares of Douglas Emmett from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, July 23rd. Cantor Fitzgerald upped their price objective on shares of Douglas Emmett from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Scotiabank lifted their price target on Douglas Emmett from $12.00 to $13.00 and gave the company a “sector perform” rating in a research report on Tuesday, July 21st. Finally, Citigroup raised 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. One investment analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $13.71.

About Douglas Emmett

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.