Deutsche Bank AG Acquires Shares of 241,208 Douglas Emmett, Inc. $DEI

Deutsche Bank AG bought a new stake in shares of Douglas Emmett, Inc. (NYSE:DEI) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 241,208 shares of the real estate investment trust’s stock, valued at approximately $2,846,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Millennium Management LLC lifted its stake in shares of Douglas Emmett by 650.5% in the fourth quarter. Millennium Management LLC now owns 5,607,861 shares of the real estate investment trust’s stock worth $61,630,000 after acquiring an additional 4,860,682 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in Douglas Emmett during the 2nd quarter worth approximately $18,002,000. Alyeska Investment Group L.P. raised its position in shares of Douglas Emmett by 142.7% in the 3rd quarter. Alyeska Investment Group L.P. now owns 2,544,575 shares of the real estate investment trust’s stock valued at $39,619,000 after purchasing an additional 1,496,132 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Douglas Emmett by 42.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,248,144 shares of the real estate investment trust’s stock valued at $30,598,000 after purchasing an additional 962,787 shares in the last quarter. Finally, Centersquare Investment Management LLC boosted its stake in shares of Douglas Emmett by 54.7% during the 4th quarter. Centersquare Investment Management LLC now owns 2,539,450 shares of the real estate investment trust’s stock valued at $27,909,000 after buying an additional 897,630 shares during the last quarter. 97.37% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DEI has been the subject of a number of research analyst reports. Weiss Ratings upgraded shares of Douglas Emmett from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, July 23rd. Cantor Fitzgerald raised their price objective on shares of Douglas Emmett from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Piper Sandler boosted their target price on shares of Douglas Emmett from $11.00 to $14.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. Wall Street Zen upgraded shares of Douglas Emmett from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Finally, Scotiabank lifted their price target on Douglas Emmett from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research note on Tuesday, July 21st. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $13.71.

Douglas Emmett Stock Performance

Shares of DEI stock opened at $11.96 on Thursday. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 1.63. The business has a 50 day moving average of $11.97 and a two-hundred day moving average of $11.11. Douglas Emmett, Inc. has a 52 week low of $9.04 and a 52 week high of $16.99. The company has a market cap of $2.00 billion, a P/E ratio of -79.73, a PEG ratio of 5.45 and a beta of 1.15.

Douglas Emmett (NYSE:DEI) last posted its earnings results on Tuesday, August 4th. The real estate investment trust reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.36 by ($0.38). Douglas Emmett had a negative net margin of 2.27% and a negative return on equity of 0.66%. The company had revenue of $256.55 million for the quarter, compared to the consensus estimate of $253.35 million. During the same period last year, the company posted $0.37 earnings per share. The firm’s revenue for the quarter was up 2.0% compared to the same quarter last year. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. As a group, analysts anticipate that Douglas Emmett, Inc. will post 1.41 EPS for the current year.

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.