Marshall Wace LLP purchased a new stake in Douglas Elliman Inc. (NYSE:DOUG - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 403,347 shares of the company's stock, valued at approximately $674,000. Marshall Wace LLP owned approximately 0.45% of Douglas Elliman as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Golden State Wealth Management LLC acquired a new position in Douglas Elliman during the fourth quarter worth $25,000. US Bancorp DE lifted its stake in shares of Douglas Elliman by 36,851.9% in the fourth quarter. US Bancorp DE now owns 19,954 shares of the company's stock worth $33,000 after acquiring an additional 19,900 shares in the last quarter. Atria Investments Inc raised its stake in shares of Douglas Elliman by 39.6% in the 4th quarter. Atria Investments Inc now owns 28,529 shares of the company's stock valued at $48,000 after purchasing an additional 8,095 shares in the last quarter. Virtu Financial LLC bought a new stake in Douglas Elliman during the fourth quarter valued at $51,000. Finally, Barclays PLC lifted its holdings in shares of Douglas Elliman by 3,808,900.0% in the 3rd quarter. Barclays PLC now owns 38,090 shares of the company's stock worth $70,000 after purchasing an additional 38,089 shares during the last quarter. 59.56% of the stock is owned by hedge funds and other institutional investors.
Douglas Elliman Price Performance
Shares of Douglas Elliman stock traded up $0.01 during trading on Wednesday, hitting $1.83. The stock had a trading volume of 242,796 shares, compared to its average volume of 845,725. The firm has a market cap of $161.95 million, a P/E ratio of -1.77 and a beta of 1.52. Douglas Elliman Inc. has a fifty-two week low of $1.00 and a fifty-two week high of $2.98. The business has a fifty day moving average of $1.70 and a two-hundred day moving average of $1.85. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.62 and a quick ratio of 4.62.
Douglas Elliman (NYSE:DOUG - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported ($0.03) earnings per share for the quarter, missing analysts' consensus estimates of $0.02 by ($0.05). The company had revenue of $253.40 million during the quarter, compared to the consensus estimate of $223.19 million. Douglas Elliman had a negative net margin of 8.81% and a negative return on equity of 22.85%.
About Douglas Elliman
(
Free Report)
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.
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