33,724 Shares in Douglas Elliman Inc. (NYSE:DOUG) Purchased by Venture Visionary Partners LLC

Venture Visionary Partners LLC acquired a new position in shares of Douglas Elliman Inc. (NYSE:DOUG) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 33,724 shares of the company’s stock, valued at approximately $62,000.

Other large investors have also added to or reduced their stakes in the company. Point72 DIFC Ltd increased its holdings in Douglas Elliman by 2,757.2% during the second quarter. Point72 DIFC Ltd now owns 26,343 shares of the company’s stock worth $31,000 after buying an additional 25,421 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Douglas Elliman during the first quarter worth about $48,000. Quadrature Capital Ltd purchased a new stake in Douglas Elliman during the first quarter worth about $90,000. AQR Capital Management LLC boosted its position in Douglas Elliman by 250.8% during the second quarter. AQR Capital Management LLC now owns 100,295 shares of the company’s stock worth $116,000 after purchasing an additional 71,703 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. boosted its position in Douglas Elliman by 96.4% during the second quarter. Point72 Asia Singapore Pte. Ltd. now owns 131,224 shares of the company’s stock worth $152,000 after purchasing an additional 64,416 shares during the period. Hedge funds and other institutional investors own 59.56% of the company’s stock.

Douglas Elliman Stock Up 11.2 %

Shares of NYSE:DOUG opened at $1.59 on Thursday. The firm has a market capitalization of $145.36 million, a PE ratio of -1.99 and a beta of 1.37. Douglas Elliman Inc. has a twelve month low of $1.00 and a twelve month high of $3.16. The company has a 50-day moving average price of $1.79 and a two-hundred day moving average price of $1.49.

Douglas Elliman (NYSE:DOUG) last issued its earnings results on Wednesday, August 7th. The company reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01. The firm had revenue of $285.75 million during the quarter, compared to analyst estimates of $282.43 million. Douglas Elliman had a negative net margin of 6.60% and a negative return on equity of 20.11%. Analysts anticipate that Douglas Elliman Inc. will post -0.55 earnings per share for the current fiscal year.

About Douglas Elliman

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.