Whetstone Capital Advisors LLC Raises Holdings in Douglas Elliman Inc. (NYSE:DOUG)

Whetstone Capital Advisors LLC boosted its stake in Douglas Elliman Inc. (NYSE:DOUG) by 1.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,512,950 shares of the company’s stock after purchasing an additional 28,603 shares during the period. Douglas Elliman comprises 0.8% of Whetstone Capital Advisors LLC’s investment portfolio, making the stock its 23rd largest position. Whetstone Capital Advisors LLC’s holdings in Douglas Elliman were worth $2,527,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Atria Investments Inc grew its holdings in shares of Douglas Elliman by 39.6% in the fourth quarter. Atria Investments Inc now owns 28,529 shares of the company’s stock worth $48,000 after purchasing an additional 8,095 shares during the last quarter. Golden State Wealth Management LLC bought a new stake in Douglas Elliman during the 4th quarter valued at $25,000. JPMorgan Chase & Co. boosted its position in Douglas Elliman by 79.1% during the 4th quarter. JPMorgan Chase & Co. now owns 38,560 shares of the company’s stock valued at $64,000 after buying an additional 17,027 shares during the period. US Bancorp DE grew its holdings in Douglas Elliman by 36,851.9% in the 4th quarter. US Bancorp DE now owns 19,954 shares of the company’s stock worth $33,000 after acquiring an additional 19,900 shares during the last quarter. Finally, Walleye Capital LLC purchased a new position in shares of Douglas Elliman in the third quarter valued at about $54,000. Institutional investors own 59.56% of the company’s stock.

Douglas Elliman Stock Performance

Shares of NYSE:DOUG opened at $1.59 on Friday. The company has a current ratio of 4.62, a quick ratio of 4.62 and a debt-to-equity ratio of 0.20. The company has a 50-day moving average price of $1.83 and a 200-day moving average price of $1.85. The company has a market cap of $140.65 million, a price-to-earnings ratio of -1.54 and a beta of 1.52. Douglas Elliman Inc. has a 12 month low of $1.00 and a 12 month high of $2.98.

Douglas Elliman (NYSE:DOUG) last released its quarterly earnings data on Tuesday, March 11th. The company reported $0.03 earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.11. The business had revenue of $243.32 million during the quarter. Douglas Elliman had a negative return on equity of 22.85% and a negative net margin of 8.81%.

Douglas Elliman Profile

Douglas Elliman Inc owns Douglas Elliman Realty, LLC, operating as a residential brokerage company in the United States with operations in New York, Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, Maryland, Virginia and Washington, DC In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology (“PropTech”) solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets.