Investors Buy High Volume of Call Options on Douglas Emmett (NYSE:DEI)

Douglas Emmett, Inc. (NYSE:DEI) was the target of some unusual options trading on Wednesday. Stock traders bought 10,613 call options on the company. This is an increase of approximately 1,136% compared to the typical volume of 859 call options.

Douglas Emmett Trading Up 0.4%

Douglas Emmett stock opened at $12.52 on Thursday. The business’s fifty day moving average is $11.93 and its 200 day moving average is $10.89. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.63 and a quick ratio of 2.63. The stock has a market capitalization of $2.10 billion, a PE ratio of -73.63, a price-to-earnings-growth ratio of 6.49 and a beta of 1.15. Douglas Emmett has a one year low of $9.04 and a one year high of $16.99.

Douglas Emmett (NYSE:DEI) last announced its quarterly earnings results on Tuesday, May 5th. The real estate investment trust reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. The firm had revenue of $250.96 million during the quarter, compared to analyst estimates 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 revenue for the quarter was down .4% on a year-over-year basis. During the same period in the previous year, the business posted $0.40 earnings per share. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. On average, sell-side analysts predict that Douglas Emmett will post 1.41 EPS for the current year.

Douglas Emmett Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.76 annualized dividend and a dividend yield of 6.1%. Douglas Emmett’s dividend payout ratio is presently -447.06%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Handelsbanken Fonder AB lifted its position in shares of Douglas Emmett by 42.6% during the 2nd quarter. Handelsbanken Fonder AB now owns 72,260 shares of the real estate investment trust’s stock valued at $853,000 after buying an additional 21,600 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Douglas Emmett by 19.5% in the second quarter. GAMMA Investing LLC now owns 11,735 shares of the real estate investment trust’s stock worth $138,000 after purchasing an additional 1,912 shares in the last quarter. Bank of America Corp DE raised its holdings in Douglas Emmett by 34.6% during the first quarter. Bank of America Corp DE now owns 918,712 shares of the real estate investment trust’s stock valued at $8,654,000 after acquiring an additional 236,105 shares during the period. Amundi raised its stake in Douglas Emmett by 2.4% during the 1st quarter. Amundi now owns 117,918 shares of the real estate investment trust’s stock valued at $1,111,000 after purchasing an additional 2,754 shares during the period. Finally, California State Teachers Retirement System raised its position in shares of Douglas Emmett by 29.1% during the first quarter. California State Teachers Retirement System now owns 206,486 shares of the real estate investment trust’s stock valued at $1,945,000 after buying an additional 46,596 shares during the last quarter. Institutional investors own 97.37% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on DEI. Weiss Ratings downgraded shares of Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. Citigroup increased their price target on shares of Douglas Emmett from $10.00 to $12.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Wall Street Zen raised shares of Douglas Emmett from a “sell” rating to a “hold” rating in a research report on Saturday, June 27th. Scotiabank boosted their price objective on shares of Douglas Emmett from $11.50 to $12.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 21st. Finally, Wells Fargo & Company upped their price objective on shares of Douglas Emmett from $13.00 to $14.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $13.00.

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.