Tudor Investment Corp ET AL Reduces Position in Douglas Emmett, Inc. $DEI

Tudor Investment Corp ET AL lowered its position in Douglas Emmett, Inc. (NYSE:DEI) by 42.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 564,772 shares of the real estate investment trust’s stock after selling 418,436 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.34% of Douglas Emmett worth $8,794,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of DEI. Alyeska Investment Group L.P. grew its position in shares of Douglas Emmett by 142.7% during the 3rd quarter. Alyeska Investment Group L.P. now owns 2,544,575 shares of the real estate investment trust’s stock worth $39,619,000 after buying an additional 1,496,132 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Douglas Emmett by 93.6% in the second 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 during the period. Massachusetts Financial Services Co. MA lifted its stake in Douglas Emmett by 18.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,684,450 shares of the real estate investment trust’s stock worth $88,507,000 after acquiring an additional 899,233 shares during the period. Hotchkis & Wiley Capital Management LLC bought a new position in Douglas Emmett during the 3rd quarter worth about $11,399,000. Finally, Verition Fund Management LLC grew its holdings in Douglas Emmett by 662.4% during the 3rd quarter. Verition Fund Management LLC now owns 590,319 shares of the real estate investment trust’s stock worth $9,191,000 after acquiring an additional 512,895 shares in the last quarter. 97.37% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on DEI. JPMorgan Chase & Co. lowered their target price on Douglas Emmett from $18.00 to $16.00 and set a “neutral” rating for the company in a report on Tuesday, November 25th. Weiss Ratings lowered Douglas Emmett from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 12th. Evercore set a $12.00 price objective on shares of Douglas Emmett in a research report on Wednesday, February 11th. Wells Fargo & Company reduced their price target on shares of Douglas Emmett from $20.00 to $15.00 and set an “overweight” rating for the company in a research report on Tuesday, November 25th. Finally, Citigroup lowered their price objective on Douglas Emmett from $12.00 to $10.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. One equities research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $12.94.

Douglas Emmett Trading Down 4.0%

Shares of Douglas Emmett stock opened at $9.29 on Monday. The company has a debt-to-equity ratio of 1.60, a current ratio of 3.33 and a quick ratio of 3.33. The stock’s 50 day simple moving average is $10.32 and its 200-day simple moving average is $12.17. The stock has a market cap of $1.55 billion, a P/E ratio of 103.18, a P/E/G ratio of 4.17 and a beta of 1.12. Douglas Emmett, Inc. has a 1-year low of $9.25 and a 1-year high of $16.99.

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

Douglas Emmett Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 8.2%. The ex-dividend date of this dividend is Tuesday, March 31st. Douglas Emmett’s payout ratio is presently 844.44%.

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.