Douglas Elliman Inc. (NYSE:DOUG) Position Raised by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio increased its position in shares of Douglas Elliman Inc. (NYSE:DOUG) by 111.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 116,584 shares of the company’s stock after purchasing an additional 61,330 shares during the period. Public Employees Retirement System of Ohio owned 0.13% of Douglas Elliman worth $263,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Teacher Retirement System of Texas increased its holdings in shares of Douglas Elliman by 13.2% in the second quarter. Teacher Retirement System of Texas now owns 15,193 shares of the company’s stock valued at $73,000 after buying an additional 1,771 shares in the last quarter. Bank of Montreal Can increased its holdings in shares of Douglas Elliman by 9.5% in the second quarter. Bank of Montreal Can now owns 22,095 shares of the company’s stock valued at $111,000 after buying an additional 1,914 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Douglas Elliman by 12.1% in the first quarter. PNC Financial Services Group Inc. now owns 18,791 shares of the company’s stock valued at $138,000 after buying an additional 2,034 shares in the last quarter. Hsbc Holdings PLC grew its position in Douglas Elliman by 16.0% during the 1st quarter. Hsbc Holdings PLC now owns 19,217 shares of the company’s stock worth $142,000 after purchasing an additional 2,653 shares in the last quarter. Finally, Legal & General Group Plc grew its position in Douglas Elliman by 1.7% during the 4th quarter. Legal & General Group Plc now owns 167,577 shares of the company’s stock worth $682,000 after purchasing an additional 2,825 shares in the last quarter. Institutional investors own 59.56% of the company’s stock.

Douglas Elliman Stock Performance

NYSE DOUG opened at $1.60 on Thursday. Douglas Elliman Inc. has a twelve month low of $1.50 and a twelve month high of $3.24. The stock has a market cap of $146.46 million, a price-to-earnings ratio of -3.08 and a beta of 1.45. The firm’s 50 day moving average price is $1.93 and its two-hundred day moving average price is $2.11.

Douglas Elliman (NYSE:DOUG) last posted its quarterly earnings data on Friday, March 1st. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.05). Douglas Elliman had a negative return on equity of 16.63% and a negative net margin of 4.45%. The firm had revenue of $214.14 million for the quarter, compared to analysts’ expectations of $254.52 million. During the same quarter in the previous year, the firm posted ($0.23) earnings per share. On average, research analysts forecast that Douglas Elliman Inc. will post 0.13 EPS for the current fiscal year.

Douglas Elliman Company 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.