Dimensional Fund Advisors LP Has $45.23 Million Holdings in Douglas Emmett, Inc. (NYSE:DEI)

Dimensional Fund Advisors LP increased its stake in Douglas Emmett, Inc. (NYSE:DEI - Free Report) by 1.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,437,150 shares of the real estate investment trust's stock after acquiring an additional 34,460 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.46% of Douglas Emmett worth $45,234,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DEI. Smartleaf Asset Management LLC lifted its stake in Douglas Emmett by 222.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,252 shares of the real estate investment trust's stock worth $79,000 after purchasing an additional 2,933 shares in the last quarter. GAMMA Investing LLC boosted its stake in Douglas Emmett by 19.7% in the fourth quarter. GAMMA Investing LLC now owns 4,561 shares of the real estate investment trust's stock valued at $85,000 after acquiring an additional 750 shares in the last quarter. Raleigh Capital Management Inc. increased its stake in Douglas Emmett by 30.4% in the fourth quarter. Raleigh Capital Management Inc. now owns 5,028 shares of the real estate investment trust's stock valued at $93,000 after purchasing an additional 1,172 shares during the period. Sterling Capital Management LLC lifted its position in Douglas Emmett by 808.8% during the 4th quarter. Sterling Capital Management LLC now owns 5,089 shares of the real estate investment trust's stock worth $94,000 after acquiring an additional 4,529 shares during the period. Finally, FIL Ltd raised its position in Douglas Emmett by 19.0% during the 4th quarter. FIL Ltd now owns 5,546 shares of the real estate investment trust's stock worth $103,000 after buying an additional 884 shares during the last quarter. 97.37% of the stock is currently owned by institutional investors and hedge funds.

Douglas Emmett Stock Performance

Shares of DEI traded down $0.01 during mid-day trading on Friday, reaching $14.48. The company's stock had a trading volume of 461,450 shares, compared to its average volume of 1,693,876. 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 1-year low of $12.39 and a 1-year high of $20.50. The business has a 50-day simple moving average of $14.98 and a two-hundred day simple moving average of $17.05. The stock has a market cap of $2.42 billion, a P/E ratio of 111.39 and a beta of 1.21.

Douglas Emmett (NYSE:DEI - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The real estate investment trust reported $0.40 EPS for the quarter, beating the consensus estimate of $0.39 by $0.01. The business had revenue of $251.54 million during the quarter, compared to the consensus estimate of $246.49 million. Douglas Emmett had a net margin of 2.38% and a return on equity of 0.63%. The company's revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.45 earnings per share. As a group, equities research analysts anticipate that Douglas Emmett, Inc. will post 1.45 earnings per share for the current fiscal year.

Douglas Emmett Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were issued a $0.19 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.76 dividend on an annualized basis and a yield of 5.25%. Douglas Emmett's payout ratio is currently 584.62%.

Analyst Ratings Changes

A number of brokerages have recently commented on DEI. Janney Montgomery Scott reaffirmed a "neutral" rating on shares of Douglas Emmett in a research report on Wednesday, January 15th. Piper Sandler raised shares of Douglas Emmett from a "neutral" rating to an "overweight" rating and set a $20.00 target price on the stock in a research report on Monday, January 13th. Jefferies Financial Group began coverage on Douglas Emmett in a research report on Monday, March 17th. They issued a "hold" rating and a $16.00 target price on the stock. Finally, StockNews.com cut Douglas Emmett from a "hold" rating to a "sell" rating in a research note on Thursday, February 6th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $18.50.

About Douglas Emmett

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.