Tredje AP fonden Sells 68,057 Shares of Douglas Emmett, Inc. $DEI

Tredje AP fonden decreased its holdings in shares of Douglas Emmett, Inc. (NYSE:DEI) by 68.9% in the 3rd quarter, Holdings Channel reports. The firm owned 30,726 shares of the real estate investment trust’s stock after selling 68,057 shares during the period. Tredje AP fonden’s holdings in Douglas Emmett were worth $478,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its position in Douglas Emmett by 220.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 1,166 shares during the last quarter. Westside Investment Management Inc. raised its position in shares of Douglas Emmett by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 1,840 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 920 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of Douglas Emmett by 448.3% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,621 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 2,143 shares during the last quarter. Smartleaf Asset Management LLC grew its position in Douglas Emmett by 24.8% in the third quarter. Smartleaf Asset Management LLC now owns 5,320 shares of the real estate investment trust’s stock worth $83,000 after acquiring an additional 1,056 shares in the last quarter. Finally, CWM LLC grew its position in Douglas Emmett by 15.7% in the third quarter. CWM LLC now owns 7,738 shares of the real estate investment trust’s stock worth $120,000 after acquiring an additional 1,048 shares in the last quarter. 97.37% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

DEI has been the topic of a number of research reports. Jefferies Financial Group restated a “hold” rating on shares of Douglas Emmett in a research report on Tuesday, November 11th. Piper Sandler dropped their target price on Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating for the company in a research report on Tuesday, February 17th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $11.00 target price on shares of Douglas Emmett in a research note on Monday, January 5th. Evercore set a $12.00 price target on shares of Douglas Emmett in a research note on Wednesday, February 11th. Finally, Citigroup lowered their price objective on shares of Douglas Emmett from $12.00 to $10.00 and set a “neutral” rating for the company in a report on Wednesday, February 18th. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Douglas Emmett has an average rating of “Hold” and a consensus target price of $13.78.

Douglas Emmett Stock Performance

Shares of DEI stock opened at $10.11 on Tuesday. The company has a market capitalization of $1.69 billion, a P/E ratio of 112.31, a PEG ratio of 4.68 and a beta of 1.14. Douglas Emmett, Inc. has a fifty-two week low of $9.53 and a fifty-two week high of $17.47. The company has a debt-to-equity ratio of 1.60, a quick ratio of 3.03 and a current ratio of 3.33. The stock has a 50 day moving average price of $10.79 and a two-hundred day moving average price of $12.88.

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

Douglas Emmett Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date was Wednesday, December 31st. 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.