Douglas Emmett, Inc. (NYSE:DEI) Shares Bought by Nissay Asset Management Corp Japan ADV

Nissay Asset Management Corp Japan ADV raised its position in Douglas Emmett, Inc. (NYSE:DEI) by 4.0% during the 4th quarter, Holdings Channel reports. The firm owned 25,333 shares of the real estate investment trust’s stock after acquiring an additional 978 shares during the quarter. Nissay Asset Management Corp Japan ADV’s holdings in Douglas Emmett were worth $472,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Douglas Emmett by 4.0% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 91,919 shares of the real estate investment trust’s stock valued at $1,706,000 after purchasing an additional 3,555 shares during the last quarter. Lighthouse Investment Partners LLC grew its holdings in Douglas Emmett by 22.9% in the fourth quarter. Lighthouse Investment Partners LLC now owns 430,000 shares of the real estate investment trust’s stock valued at $7,981,000 after purchasing an additional 80,000 shares during the last quarter. Jefferies Financial Group Inc. acquired a new stake in shares of Douglas Emmett during the fourth quarter valued at $305,000. Gotham Asset Management LLC boosted its stake in shares of Douglas Emmett by 1.6% during the fourth quarter. Gotham Asset Management LLC now owns 110,067 shares of the real estate investment trust’s stock valued at $2,043,000 after acquiring an additional 1,697 shares during the last quarter. Finally, Graham Capital Management L.P. boosted its stake in shares of Douglas Emmett by 46.5% during the fourth quarter. Graham Capital Management L.P. now owns 15,894 shares of the real estate investment trust’s stock valued at $295,000 after acquiring an additional 5,043 shares during the last quarter. Institutional investors and hedge funds own 97.37% of the company’s stock.

Douglas Emmett Stock Down 0.3%

Shares of NYSE:DEI opened at $14.93 on Monday. The stock’s 50-day moving average price is $14.75 and its two-hundred day moving average price is $16.89. The company has a current ratio of 4.32, a quick ratio of 4.09 and a debt-to-equity ratio of 1.50. Douglas Emmett, Inc. has a 12-month low of $12.39 and a 12-month high of $20.50. The firm has a market cap of $2.50 billion, a price-to-earnings ratio of 114.85 and a beta of 1.21.

Douglas Emmett (NYSE:DEI) last issued its quarterly earnings results on Tuesday, May 6th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.01. Douglas Emmett had a return on equity of 0.63% and a net margin of 2.38%. The firm had revenue of $251.54 million for the quarter, compared to analyst estimates of $246.49 million. During the same period last year, the company earned $0.45 EPS. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. On average, research analysts forecast that Douglas Emmett, Inc. will post 1.45 EPS for the current year.

Douglas Emmett Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 5.09%. The ex-dividend date of this dividend was Monday, March 31st. Douglas Emmett’s payout ratio is 237.50%.

Analysts Set New Price Targets

DEI has been the topic of a number of analyst reports. Jefferies Financial Group initiated coverage on Douglas Emmett in a research note on Monday, March 17th. They set a “hold” rating and a $16.00 price objective on the stock. StockNews.com raised Douglas Emmett from a “sell” rating to a “hold” rating in a research note on Monday, May 12th. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $18.50.

Douglas Emmett Company Profile

Douglas Emmett, Inc (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.