Stock Traders Purchase Large Volume of Douglas Emmett Call Options (NYSE:DEI)

Douglas Emmett, Inc. (NYSE:DEI) was the target of unusually large options trading on Wednesday. Investors bought 10,613 call options on the stock. This is an increase of 1,136% compared to the typical daily volume of 859 call options.

Wall Street Analyst Weigh In

DEI has been the topic of a number of research analyst reports. Cantor Fitzgerald increased their price objective on shares of Douglas Emmett from $11.00 to $12.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Wells Fargo & Company upped their target price on shares of Douglas Emmett from $13.00 to $14.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Wall Street Zen raised shares of Douglas Emmett from a “sell” rating to a “hold” rating in a research note on Saturday, June 27th. Weiss Ratings lowered shares of Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 4th. Finally, Citigroup boosted their price objective on shares of Douglas Emmett from $10.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $13.50.

Douglas Emmett Trading Up 3.0%

NYSE DEI traded up $0.38 during trading on Wednesday, reaching $12.85. 1,312,290 shares of the stock traded hands, compared to its average volume of 2,607,560. Douglas Emmett has a fifty-two week low of $9.04 and a fifty-two week high of $16.99. The company has a quick ratio of 2.63, a current ratio of 2.63 and a debt-to-equity ratio of 1.62. The firm has a market cap of $2.15 billion, a price-to-earnings ratio of -75.49, a price-to-earnings-growth ratio of 6.34 and a beta of 1.15. The stock’s 50-day moving average price is $11.92 and its 200 day moving average price is $10.88.

Douglas Emmett (NYSE:DEI) last released its quarterly earnings results on Tuesday, May 5th. The real estate investment trust reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.01. The company had revenue of $250.96 million during the quarter, compared to analysts’ expectations of $251.11 million. Douglas Emmett had a negative net margin of 2.59% and a negative return on equity of 0.74%. The business’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.40 earnings per share. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. Analysts predict that Douglas Emmett will post 1.41 EPS for the current year.

Douglas Emmett Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 5.9%. The ex-dividend date of this dividend is Tuesday, June 30th. Douglas Emmett’s payout ratio is -447.06%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of DEI. Bayhunt Capital LLC bought a new stake in shares of Douglas Emmett during the 4th quarter valued at $4,012,000. JPMorgan Chase & Co. increased its position in shares of Douglas Emmett by 8.6% in the third quarter. JPMorgan Chase & Co. now owns 1,718,393 shares of the real estate investment trust’s stock worth $26,755,000 after purchasing an additional 135,622 shares during the period. Centersquare Investment Management LLC increased its position in shares of Douglas Emmett by 54.7% in the fourth quarter. Centersquare Investment Management LLC now owns 2,539,450 shares of the real estate investment trust’s stock worth $27,909,000 after purchasing an additional 897,630 shares during the period. Legal & General Group Plc raised its stake in Douglas Emmett by 18.9% in the fourth quarter. Legal & General Group Plc now owns 2,494,659 shares of the real estate investment trust’s stock valued at $27,416,000 after purchasing an additional 396,487 shares in the last quarter. Finally, MYDA Advisors LLC bought a new stake in Douglas Emmett during the fourth quarter worth about $879,000. Institutional investors and hedge funds own 97.37% of the company’s stock.

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.