683 Capital Management LLC Takes Position 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 SEC. The institutional investor purchased 268,522 shares of the company's stock, valued at approximately $448,000. 683 Capital Management LLC owned about 0.30% of Douglas Elliman at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Golden State Wealth Management LLC purchased a new stake in shares of Douglas Elliman in the 4th quarter worth approximately $25,000. Boothbay Fund Management LLC purchased a new position in shares of Douglas Elliman in the 4th quarter valued at about $27,000. Alpine Global Management LLC purchased a new position in Douglas Elliman during the fourth quarter valued at $28,000. US Bancorp DE grew its holdings in shares of Douglas Elliman by 36,851.9% during the fourth quarter. US Bancorp DE now owns 19,954 shares of the company's stock worth $33,000 after buying an additional 19,900 shares in 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. 59.56% of the stock is owned by institutional investors.

Douglas Elliman Trading Down 0.3 %

DOUG stock traded down $0.01 during midday trading on Monday, hitting $1.83. 375,599 shares of the company's stock were exchanged, compared to its average volume of 847,488. The stock has a market capitalization of $161.95 million, a PE ratio of -1.77 and a beta of 1.52. Douglas Elliman Inc. has a 1-year low of $1.00 and a 1-year high of $2.98. The business has a 50-day simple moving average of $1.70 and a two-hundred day simple moving average of $1.85. 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 (NYSE:DOUG - Get Free Report) last announced its earnings results on Thursday, May 1st. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by ($0.05). The firm had revenue of $253.40 million during the quarter, compared to analysts' expectations of $223.19 million. Douglas Elliman had a negative net margin of 8.81% and a negative return on equity of 22.85%.

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.