Douglas Emmett, Inc. (NYSE:DEI) Short Interest Update

Share on StockTwits

Douglas Emmett, Inc. (NYSE:DEI) was the target of a large growth in short interest in June. As of June 30th, there was short interest totalling 1,588,100 shares, a growth of 9.2% from the May 30th total of 1,454,300 shares. Based on an average daily trading volume, of 802,300 shares, the short-interest ratio is presently 2.0 days. Currently, 1.0% of the shares of the company are sold short.

Separately, Zacks Investment Research lowered shares of Farmers & Merchants Bancorp, Inc. (OH) from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 9th. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $41.33.

NYSE:DEI traded down $0.17 during trading hours on Tuesday, hitting $40.38. The stock had a trading volume of 2,288 shares, compared to its average volume of 642,126. The business’s 50 day moving average price is $40.75. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.00 and a quick ratio of 2.00. Douglas Emmett has a one year low of $32.32 and a one year high of $42.41. The stock has a market cap of $6.92 billion, a price-to-earnings ratio of 20.01, a price-to-earnings-growth ratio of 3.14 and a beta of 0.70.

Douglas Emmett (NYSE:DEI) last announced its quarterly earnings results on Thursday, May 2nd. The real estate investment trust reported $0.52 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.52. Douglas Emmett had a net margin of 13.45% and a return on equity of 3.01%. The firm had revenue of $224.19 million during the quarter, compared to the consensus estimate of $227.52 million. During the same period last year, the firm earned $0.49 EPS. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. Research analysts predict that Douglas Emmett will post 2.11 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, July 12th. Shareholders of record on Friday, June 28th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 2.58%. The ex-dividend date of this dividend was Thursday, June 27th. Douglas Emmett’s payout ratio is 51.49%.

In related news, Chairman Dan A. Emmett sold 40,000 shares of Douglas Emmett stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $40.78, for a total value of $1,631,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 16.20% of the stock is currently owned by insiders.

A number of large investors have recently made changes to their positions in DEI. 6 Meridian lifted its holdings in shares of Douglas Emmett by 3.5% during the 1st quarter. 6 Meridian now owns 13,175 shares of the real estate investment trust’s stock worth $533,000 after acquiring an additional 443 shares during the last quarter. Louisiana State Employees Retirement System lifted its holdings in shares of Douglas Emmett by 1.2% during the 1st quarter. Louisiana State Employees Retirement System now owns 43,300 shares of the real estate investment trust’s stock worth $1,750,000 after acquiring an additional 500 shares during the last quarter. State of Alaska Department of Revenue lifted its holdings in shares of Douglas Emmett by 0.9% during the 1st quarter. State of Alaska Department of Revenue now owns 70,349 shares of the real estate investment trust’s stock worth $2,843,000 after acquiring an additional 603 shares during the last quarter. Advisor Group Inc. lifted its holdings in shares of Douglas Emmett by 8.2% during the 4th quarter. Advisor Group Inc. now owns 8,942 shares of the real estate investment trust’s stock worth $305,000 after acquiring an additional 675 shares during the last quarter. Finally, BOKF NA lifted its holdings in shares of Douglas Emmett by 5.4% during the 4th quarter. BOKF NA now owns 14,191 shares of the real estate investment trust’s stock worth $484,000 after acquiring an additional 728 shares during the last quarter. 92.43% of the stock is owned by hedge funds and other institutional investors.

Douglas Emmett Company Profile

Douglas Emmett, Inc (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.

Further Reading: Put Option

Receive News & Ratings for Douglas Emmett Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Douglas Emmett and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Strategic Wealth Partners Ltd. Sells 294 Shares of FirstEnergy Corp.
Strategic Wealth Partners Ltd. Sells 294 Shares of FirstEnergy Corp.
Vanguard Real Estate ETF  Shares Sold by Strategic Wealth Partners Ltd.
Vanguard Real Estate ETF Shares Sold by Strategic Wealth Partners Ltd.
SPDR Portfolio Long Term Treasury ETF  Shares Sold by Strategic Wealth Partners Ltd.
SPDR Portfolio Long Term Treasury ETF Shares Sold by Strategic Wealth Partners Ltd.
Strategic Wealth Partners Ltd. Sells 2,592 Shares of ISHARES TR/CORE U S REIT ETF
Strategic Wealth Partners Ltd. Sells 2,592 Shares of ISHARES TR/CORE U S REIT ETF
Strategic Wealth Partners Ltd. Lowers Stock Holdings in Diageo plc
Strategic Wealth Partners Ltd. Lowers Stock Holdings in Diageo plc
Strategic Wealth Partners Ltd. Sells 11,768 Shares of iShares US Real Estate ETF
Strategic Wealth Partners Ltd. Sells 11,768 Shares of iShares US Real Estate ETF


© 2006-2019 Ticker Report