683 Capital Management LLC Acquires New Shares in Douglas Elliman Inc. (NYSE:DOUG)

683 Capital Management LLC purchased a new stake in shares of Douglas Elliman Inc. (NYSE:DOUG - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 268,522 shares of the company's stock, valued at approximately $448,000. 683 Capital Management LLC owned 0.30% of Douglas Elliman as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Truffle Hound Capital LLC bought a new position in shares of Douglas Elliman in the 4th quarter worth $3,340,000. First Eagle Investment Management LLC increased its stake in Douglas Elliman by 436.1% in the fourth quarter. First Eagle Investment Management LLC now owns 1,126,312 shares of the company's stock valued at $1,881,000 after acquiring an additional 916,210 shares during the last quarter. Renaissance Technologies LLC lifted its stake in Douglas Elliman by 11.8% during the fourth quarter. Renaissance Technologies LLC now owns 4,361,804 shares of the company's stock worth $7,284,000 after purchasing an additional 461,093 shares during the last quarter. Marshall Wace LLP bought a new stake in Douglas Elliman during the fourth quarter worth about $674,000. Finally, Kennedy Capital Management LLC boosted its holdings in shares of Douglas Elliman by 699.8% in the 4th quarter. Kennedy Capital Management LLC now owns 443,504 shares of the company's stock worth $741,000 after purchasing an additional 388,051 shares in the last quarter. 59.56% of the stock is owned by hedge funds and other institutional investors.

Douglas Elliman Price Performance

NYSE:DOUG traded up $0.02 during mid-day trading on Thursday, reaching $1.84. The stock had a trading volume of 166,259 shares, compared to its average volume of 843,164. The stock has a market capitalization of $162.83 million, a P/E ratio of -1.78 and a beta of 1.52. The firm has a 50 day moving average price of $1.70 and a two-hundred day moving average price of $1.85. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.62 and a current ratio of 4.62. Douglas Elliman Inc. has a one year low of $1.00 and a one year high of $2.98.

Douglas Elliman (NYSE:DOUG - Get Free Report) last posted its quarterly 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). The business had revenue of $253.40 million during the quarter, compared to the consensus estimate of $223.19 million. Douglas Elliman had a negative return on equity of 22.85% and a negative net margin of 8.81%.

About Douglas Elliman

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.