Douglas Elliman Inc. (NYSE:DOUG) Shares Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. boosted its holdings in shares of Douglas Elliman Inc. (NYSE:DOUG) by 112.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,100 shares of the company’s stock after acquiring an additional 64,100 shares during the period. Jefferies Financial Group Inc. owned 0.14% of Douglas Elliman worth $202,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Golden State Wealth Management LLC purchased a new stake in shares of Douglas Elliman in the fourth quarter valued at approximately $25,000. Boothbay Fund Management LLC acquired a new position in Douglas Elliman during the fourth quarter worth $27,000. Alpine Global Management LLC purchased a new stake in Douglas Elliman in the 4th quarter valued at $28,000. US Bancorp DE increased its stake in shares of 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, Atria Investments Inc raised its holdings in shares of Douglas Elliman by 39.6% during the 4th quarter. Atria Investments Inc now owns 28,529 shares of the company’s stock worth $48,000 after acquiring an additional 8,095 shares during the period. Institutional investors and hedge funds own 59.56% of the company’s stock.

Insider Activity

In other Douglas Elliman news, Director Patrick J. Bartels, Jr. acquired 58,104 shares of the business’s stock in a transaction that occurred on Monday, May 12th. The stock was purchased at an average cost of $1.92 per share, with a total value of $111,559.68. Following the transaction, the director now owns 193,975 shares of the company’s stock, valued at $372,432. This trade represents a 42.76% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 6.79% of the company’s stock.

Douglas Elliman Trading Up 1.1%

Shares of DOUG stock opened at $2.21 on Monday. The company has a current ratio of 4.62, a quick ratio of 4.62 and a debt-to-equity ratio of 0.20. Douglas Elliman Inc. has a twelve month low of $1.00 and a twelve month high of $2.98. The company’s 50-day moving average price is $1.74 and its 200-day moving average price is $1.86. The stock has a market cap of $195.67 million, a price-to-earnings ratio of -2.14 and a beta of 1.52.

Douglas Elliman (NYSE:DOUG) last posted its earnings results on Thursday, May 1st. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.05). Douglas Elliman had a negative net margin of 8.81% and a negative return on equity of 22.85%. The firm had revenue of $253.40 million during the quarter, compared to analyst estimates of $223.19 million.

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.