Douglas Elliman (NYSE:DOUG) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Douglas Elliman (NYSE:DOUG) from a sell rating to a hold rating in a research note issued to investors on Saturday morning.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Douglas Elliman in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Douglas Elliman Price Performance

Douglas Elliman stock opened at $2.63 on Friday. The firm’s fifty day moving average is $2.71 and its 200 day moving average is $2.53. Douglas Elliman has a 52-week low of $1.48 and a 52-week high of $3.20. The company has a quick ratio of 3.30, a current ratio of 3.30 and a debt-to-equity ratio of 0.55. The company has a market cap of $233.60 million, a price-to-earnings ratio of -3.76 and a beta of 1.76.

Douglas Elliman (NYSE:DOUG) last issued its quarterly earnings data on Tuesday, May 31st. The company reported $0.18 earnings per share for the quarter. Douglas Elliman had a negative return on equity of 3.19% and a negative net margin of 5.76%.The company had revenue of $272.78 million for the quarter.

Institutional Trading of Douglas Elliman

A number of institutional investors have recently modified their holdings of the company. Jefferies Financial Group Inc. grew its holdings in Douglas Elliman by 5.3% in the first quarter. Jefferies Financial Group Inc. now owns 127,497 shares of the company’s stock worth $219,000 after purchasing an additional 6,397 shares during the last quarter. Truffle Hound Capital LLC lifted its stake in shares of Douglas Elliman by 15.0% in the 1st quarter. Truffle Hound Capital LLC now owns 2,300,000 shares of the company’s stock valued at $3,956,000 after purchasing an additional 300,000 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Douglas Elliman by 7.9% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 614,565 shares of the company’s stock valued at $1,057,000 after purchasing an additional 45,218 shares during the period. Moerus Capital Management LLC boosted its holdings in Douglas Elliman by 36.3% during the first quarter. Moerus Capital Management LLC now owns 2,949,388 shares of the company’s stock worth $5,073,000 after buying an additional 786,279 shares in the last quarter. Finally, American Century Companies Inc. grew its position in Douglas Elliman by 34.1% during the first quarter. American Century Companies Inc. now owns 75,905 shares of the company’s stock valued at $131,000 after buying an additional 19,300 shares during the period. 59.56% of the stock is currently owned by institutional investors.

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.