Douglas Emmett, Inc. $DEI Shares Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd raised its holdings in Douglas Emmett, Inc. (NYSE:DEI) by 69.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 263,911 shares of the real estate investment trust’s stock after acquiring an additional 108,311 shares during the period. Y Intercept Hong Kong Ltd owned approximately 0.16% of Douglas Emmett worth $2,486,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of DEI. Louisiana State Employees Retirement System acquired a new stake in shares of Douglas Emmett in the first quarter valued at approximately $700,000. Vanderbilt University acquired a new stake in shares of Douglas Emmett in the 1st quarter worth $114,000. Hsbc Holdings PLC raised its holdings in shares of Douglas Emmett by 27.3% during the 4th quarter. Hsbc Holdings PLC now owns 1,784,496 shares of the real estate investment trust’s stock worth $19,642,000 after acquiring an additional 382,249 shares during the period. Rockefeller Capital Management L.P. raised its holdings in shares of Douglas Emmett by 47.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 216,118 shares of the real estate investment trust’s stock worth $2,375,000 after acquiring an additional 69,525 shares during the period. Finally, Corient Private Wealth LLC acquired a new position in shares of Douglas Emmett during the 4th quarter valued at about $144,000. 97.37% of the stock is owned by hedge funds and other institutional investors.

Douglas Emmett Stock Performance

Shares of DEI stock opened at $12.22 on Wednesday. Douglas Emmett, Inc. has a 52 week low of $9.04 and a 52 week high of $16.99. The stock has a market capitalization of $2.05 billion, a PE ratio of -71.91, a P/E/G ratio of 6.54 and a beta of 1.15. 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 50 day moving average of $11.81 and a two-hundred day moving average of $10.85.

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

Douglas Emmett Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 6.2%. The ex-dividend date is Tuesday, June 30th. Douglas Emmett’s payout ratio is -447.06%.

Analyst Upgrades and Downgrades

DEI has been the subject of several recent analyst reports. Wall Street Zen upgraded shares of Douglas Emmett from a “sell” rating to a “hold” rating in a research report on Saturday, June 27th. Wells Fargo & Company increased their price target on shares of Douglas Emmett from $13.00 to $14.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Cantor Fitzgerald lifted their price target on shares of Douglas Emmett from $11.00 to $12.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Scotiabank upped their price objective on Douglas Emmett from $11.50 to $12.00 and gave the company a “sector perform” rating in a report on Thursday, May 21st. Finally, Evercore set a $14.00 price objective on Douglas Emmett in a research report on Monday, June 8th. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $13.50.

Douglas Emmett 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.