Douglas Emmett, Inc. $DEI Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its holdings in Douglas Emmett, Inc. (NYSE:DEI) by 8.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,718,393 shares of the real estate investment trust’s stock after purchasing an additional 135,622 shares during the quarter. JPMorgan Chase & Co. owned 1.03% of Douglas Emmett worth $26,755,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. State Street Corp increased its position in shares of Douglas Emmett by 1.0% in the second quarter. State Street Corp now owns 9,759,702 shares of the real estate investment trust’s stock valued at $148,593,000 after buying an additional 100,396 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in Douglas Emmett by 18.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,684,450 shares of the real estate investment trust’s stock valued at $88,507,000 after acquiring an additional 899,233 shares during the period. Geode Capital Management LLC increased its holdings in Douglas Emmett by 1.1% in the 2nd quarter. Geode Capital Management LLC now owns 4,362,611 shares of the real estate investment trust’s stock worth $65,620,000 after acquiring an additional 46,651 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in Douglas Emmett by 93.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,311,991 shares of the real estate investment trust’s stock worth $34,772,000 after acquiring an additional 1,117,668 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in Douglas Emmett by 10.8% during the second quarter. Bank of New York Mellon Corp now owns 1,866,279 shares of the real estate investment trust’s stock worth $28,069,000 after acquiring an additional 181,418 shares during the period. 97.37% of the stock is owned by institutional investors and hedge funds.

Douglas Emmett Stock Down 5.8%

DEI stock opened at $9.90 on Friday. The company has a market cap of $1.66 billion, a price-to-earnings ratio of 109.96, a PEG ratio of 4.44 and a beta of 1.14. The firm has a 50-day moving average of $10.70 and a two-hundred day moving average of $12.78. Douglas Emmett, Inc. has a 12 month low of $9.53 and a 12 month high of $17.47. The company has a current ratio of 3.33, a quick ratio of 3.03 and a debt-to-equity ratio of 1.60.

Douglas Emmett (NYSE:DEI) last posted its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $0.35 EPS for the quarter, meeting the consensus estimate of $0.35. Douglas Emmett had a return on equity of 0.46% and a net margin of 1.62%.The firm had revenue of $249.43 million during the quarter, compared to analysts’ expectations of $252.91 million. During the same quarter last year, the firm earned $0.38 earnings per share. The business’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. As a group, analysts forecast that Douglas Emmett, Inc. will post 1.45 earnings per share for the current fiscal year.

Douglas Emmett Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 7.7%. The ex-dividend date is Tuesday, March 31st. Douglas Emmett’s payout ratio is currently 844.44%.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Jefferies Financial Group reissued a “hold” rating on shares of Douglas Emmett in a research note on Tuesday, November 11th. Evercore set a $12.00 price objective on Douglas Emmett in a research note on Wednesday, February 11th. Scotiabank reduced their target price on Douglas Emmett from $18.00 to $16.00 and set a “sector outperform” rating for the company in a report on Monday, November 17th. Piper Sandler lowered their price target on Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 17th. Finally, Wells Fargo & Company dropped their price target on Douglas Emmett from $20.00 to $15.00 and set an “overweight” rating for the company in a research report on Tuesday, November 25th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $13.78.

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.