CastleKnight Management LP Takes Position in Douglas Elliman Inc. (NYSE:DOUG)

CastleKnight Management LP purchased a new position in Douglas Elliman Inc. (NYSE:DOUG - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 276,764 shares of the company's stock, valued at approximately $462,000. CastleKnight Management LP owned approximately 0.31% of Douglas Elliman as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Golden State Wealth Management LLC acquired a new position in shares of Douglas Elliman during the fourth quarter worth $25,000. Boothbay Fund Management LLC acquired a new stake in shares of Douglas Elliman during the 4th quarter worth about $27,000. Alpine Global Management LLC acquired a new position in Douglas Elliman in the fourth quarter valued at approximately $28,000. US Bancorp DE increased its stake in Douglas Elliman by 36,851.9% in the fourth quarter. US Bancorp DE now owns 19,954 shares of the company's stock valued at $33,000 after purchasing an additional 19,900 shares during the last quarter. Finally, Atria Investments Inc raised its holdings in Douglas Elliman by 39.6% during the fourth quarter. Atria Investments Inc now owns 28,529 shares of the company's stock worth $48,000 after purchasing an additional 8,095 shares in the last quarter. Hedge funds and other institutional investors own 59.56% of the company's stock.

Douglas Elliman Stock Down 0.3 %

Shares of NYSE:DOUG traded down $0.01 during trading on Friday, hitting $1.84. 423,537 shares of the company were exchanged, compared to its average volume of 842,372. The firm's 50 day moving average price is $1.71 and its 200-day moving average price is $1.85. Douglas Elliman Inc. has a 12-month low of $1.00 and a 12-month high of $2.98. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.62 and a quick ratio of 4.62. The stock has a market capitalization of $162.83 million, a P/E ratio of -1.78 and a beta of 1.52.

Douglas Elliman (NYSE:DOUG - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.05). The firm had revenue of $253.40 million for the quarter, compared to analyst estimates of $223.19 million. Douglas Elliman had a negative return on equity of 22.85% and a negative net margin of 8.81%.

Douglas Elliman 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.