24,874 Shares in Douglas Emmett, Inc. $DEI Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. bought a new stake in shares of Douglas Emmett, Inc. (NYSE:DEI) during the second quarter, Holdings Channel reports. The fund bought 24,874 shares of the real estate investment trust’s stock, valued at approximately $374,000.

Several other large investors have also modified their holdings of DEI. Alyeska Investment Group L.P. purchased a new stake in shares of Douglas Emmett in the 1st quarter worth approximately $16,798,000. Jefferies Financial Group Inc. increased its holdings in Douglas Emmett by 4,052.8% during the first quarter. Jefferies Financial Group Inc. now owns 682,841 shares of the real estate investment trust’s stock valued at $10,925,000 after buying an additional 666,398 shares during the period. Long Pond Capital LP bought a new position in Douglas Emmett in the first quarter worth approximately $9,431,000. Nuveen LLC purchased a new stake in Douglas Emmett during the first quarter worth $7,990,000. Finally, Price T Rowe Associates Inc. MD lifted its holdings in Douglas Emmett by 13.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 4,195,729 shares of the real estate investment trust’s stock worth $67,134,000 after buying an additional 492,997 shares during the period. Institutional investors own 97.37% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on DEI shares. BMO Capital Markets set a $17.00 price target on Douglas Emmett and gave the company a “market perform” rating in a report on Wednesday, July 16th. Wall Street Zen downgraded Douglas Emmett from a “hold” rating to a “sell” rating in a research report on Saturday, August 30th. Piper Sandler lowered Douglas Emmett from an “overweight” rating to a “neutral” rating and cut their target price for the company from $19.00 to $14.00 in a research note on Thursday, November 6th. Cantor Fitzgerald decreased their price target on shares of Douglas Emmett from $16.00 to $13.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. Finally, Scotiabank lowered their price target on shares of Douglas Emmett from $19.00 to $18.00 and set a “sector outperform” rating on the stock in a report on Thursday, August 28th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $17.00.

Douglas Emmett Stock Down 0.3%

Douglas Emmett stock opened at $11.98 on Thursday. Douglas Emmett, Inc. has a 1-year low of $11.86 and a 1-year high of $20.50. The business has a fifty day moving average price of $14.53 and a 200-day moving average price of $14.84. The company has a debt-to-equity ratio of 1.55, a current ratio of 3.49 and a quick ratio of 3.49. The stock has a market capitalization of $2.01 billion, a price-to-earnings ratio of 54.43 and a beta of 1.28.

Douglas Emmett (NYSE:DEI) last released its quarterly earnings results on Tuesday, November 4th. The real estate investment trust reported $0.34 EPS for the quarter, meeting analysts’ consensus estimates of $0.34. The company had revenue of $250.58 million during the quarter, compared to analysts’ expectations of $252.73 million. Douglas Emmett had a return on equity of 1.04% and a net margin of 3.77%.The firm’s revenue was up .0% compared to the same quarter last year. During the same period last year, the business posted $0.43 earnings per share. Douglas Emmett has set its FY 2025 guidance at 1.430-1.470 EPS. Equities research analysts forecast that Douglas Emmett, Inc. will post 1.45 EPS for the current fiscal year.

Douglas Emmett Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend was Tuesday, September 30th. Douglas Emmett’s payout ratio is currently 633.33%.

About Douglas Emmett

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.