Guggenheim Capital LLC Has $3.12 Million Holdings in Douglas Emmett, Inc. (DEI)

Guggenheim Capital LLC raised its holdings in Douglas Emmett, Inc. (NYSE:DEI) by 5.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 75,833 shares of the real estate investment trust’s stock after purchasing an additional 3,982 shares during the quarter. Guggenheim Capital LLC’s holdings in Douglas Emmett were worth $3,116,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Tower Research Capital LLC TRC boosted its holdings in Douglas Emmett by 514.2% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,641 shares of the real estate investment trust’s stock valued at $108,000 after purchasing an additional 2,211 shares in the last quarter. Advisors Preferred LLC purchased a new stake in Douglas Emmett in the 4th quarter valued at approximately $165,000. Lourd Capital LLC purchased a new stake in Douglas Emmett in the 4th quarter valued at approximately $312,000. BB&T Securities LLC purchased a new stake in Douglas Emmett in the 3rd quarter valued at approximately $327,000. Finally, Sumitomo Mitsui Asset Management Company LTD boosted its holdings in Douglas Emmett by 18.7% in the 4th quarter. Sumitomo Mitsui Asset Management Company LTD now owns 9,421 shares of the real estate investment trust’s stock valued at $386,000 after purchasing an additional 1,482 shares in the last quarter. 98.30% of the stock is currently owned by institutional investors.

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DEI has been the topic of a number of analyst reports. Robert W. Baird reaffirmed a “buy” rating and issued a $45.00 price objective on shares of Douglas Emmett in a report on Tuesday, January 9th. Stifel Nicolaus lowered their price objective on Douglas Emmett from $43.00 to $40.00 and set a “buy” rating on the stock in a report on Thursday, February 15th. BMO Capital Markets set a $39.00 price objective on Douglas Emmett and gave the company a “hold” rating in a report on Tuesday, February 13th. Zacks Investment Research raised Douglas Emmett from a “sell” rating to a “hold” rating in a report on Tuesday, March 20th. Finally, Sandler O’Neill reaffirmed a “hold” rating and issued a $42.00 price objective on shares of Douglas Emmett in a report on Tuesday, January 23rd. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $41.22.

Shares of NYSE:DEI opened at $35.80 on Monday. The company has a market cap of $6,070.46, a PE ratio of 18.84, a PEG ratio of 2.70 and a beta of 0.66. Douglas Emmett, Inc. has a 12 month low of $34.72 and a 12 month high of $41.59.

Douglas Emmett (NYSE:DEI) last announced its quarterly earnings results on Tuesday, February 13th. The real estate investment trust reported $0.17 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.01). The firm had revenue of $209.19 million for the quarter, compared to analysts’ expectations of $202.00 million. Douglas Emmett had a return on equity of 2.69% and a net margin of 12.36%. research analysts expect that Douglas Emmett, Inc. will post 1.99 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 17th. Stockholders of record on Thursday, March 29th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.79%. The ex-dividend date is Wednesday, March 28th. Douglas Emmett’s dividend payout ratio (DPR) is 52.63%.

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Douglas Emmett Company Profile

Douglas Emmett, Inc is a self-administered and self-managed real estate investment trust (REIT). The Company is owner and operator of office and multifamily properties located in submarkets in Los Angeles and Honolulu. The Company operates through two segments: the acquisition, development, ownership and management of office real estate (Office Segment), and the acquisition, development, ownership and management of multifamily real estate (Multifamily Segment).

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Institutional Ownership by Quarter for Douglas Emmett (NYSE:DEI)

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