Greenland Capital Management LP Buys Shares of 75,000 Douglas Emmett, Inc. $DEI

Greenland Capital Management LP purchased a new position in shares of Douglas Emmett, Inc. (NYSE:DEI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 75,000 shares of the real estate investment trust’s stock, valued at approximately $885,000.

A number of other institutional investors also recently made changes to their positions in DEI. EverSource Wealth Advisors LLC lifted its position in shares of Douglas Emmett by 220.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 1,166 shares in the last quarter. Advisory Services Network LLC purchased a new stake in Douglas Emmett during the 3rd quarter worth about $32,000. Mirae Asset Global Investments Co. Ltd. increased its position in Douglas Emmett by 33.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,894 shares of the real estate investment trust’s stock worth $54,000 after purchasing an additional 1,226 shares in the last quarter. Hantz Financial Services Inc. increased its position in Douglas Emmett by 98.7% during the 4th quarter. Hantz Financial Services Inc. now owns 5,209 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 2,588 shares in the last quarter. Finally, Frazier Financial Advisors LLC raised its stake in Douglas Emmett by 47.0% in the 4th quarter. Frazier Financial Advisors LLC now owns 5,456 shares of the real estate investment trust’s stock valued at $60,000 after purchasing an additional 1,745 shares during the last quarter. 97.37% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have issued reports on DEI. Scotiabank upped their target price on shares of Douglas Emmett from $12.00 to $13.00 and gave the company a “sector perform” rating in a report on Tuesday, July 21st. Evercore set a $14.00 price target on shares of Douglas Emmett in a report on Monday, June 8th. Wall Street Zen raised shares of Douglas Emmett from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Cantor Fitzgerald boosted their price objective on shares of Douglas Emmett from $12.00 to $13.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Finally, Wells Fargo & Company upped their price objective on shares of Douglas Emmett from $13.00 to $14.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. One research analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Douglas Emmett has a consensus rating of “Hold” and a consensus price target of $13.71.

Douglas Emmett Stock Performance

NYSE DEI opened at $11.81 on Friday. The business’s 50-day moving average price is $11.96 and its 200 day moving average price is $11.08. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 1.63. Douglas Emmett, Inc. has a twelve month low of $9.04 and a twelve month high of $16.99. The company has a market capitalization of $1.98 billion, a PE ratio of -78.73, a price-to-earnings-growth ratio of 5.28 and a beta of 1.15.

Douglas Emmett (NYSE:DEI) last posted its quarterly 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 business had revenue of $256.55 million during the quarter, compared to analysts’ expectations of $253.35 million. During the same quarter last year, the firm earned $0.37 EPS. The firm’s quarterly revenue 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. On average, research analysts predict that Douglas Emmett, Inc. will post 1.41 earnings per share for the current year.

Douglas Emmett Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date was Tuesday, June 30th. Douglas Emmett’s dividend payout ratio (DPR) is -506.67%.

Douglas Emmett 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.