Kennedy Capital Management LLC Boosts Holdings in Douglas Elliman Inc. (NYSE:DOUG)

Kennedy Capital Management LLC grew its stake in Douglas Elliman Inc. (NYSE:DOUG - Free Report) by 699.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 443,504 shares of the company's stock after purchasing an additional 388,051 shares during the period. Kennedy Capital Management LLC owned about 0.50% of Douglas Elliman worth $741,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Renaissance Technologies LLC raised its holdings in Douglas Elliman by 11.8% in the 4th 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 period. JPMorgan Chase & Co. raised its stake in shares of Douglas Elliman by 79.1% during the 4th quarter. JPMorgan Chase & Co. now owns 38,560 shares of the company's stock worth $64,000 after buying an additional 17,027 shares during the period. American Century Companies Inc. lifted its position in shares of Douglas Elliman by 139.9% during the 4th quarter. American Century Companies Inc. now owns 56,605 shares of the company's stock valued at $95,000 after buying an additional 33,011 shares in the last quarter. Truffle Hound Capital LLC acquired a new stake in Douglas Elliman in the 4th quarter valued at $3,340,000. Finally, Virtu Financial LLC purchased a new stake in Douglas Elliman in the 4th quarter worth $51,000. Institutional investors and hedge funds own 59.56% of the company's stock.

Douglas Elliman Price Performance

DOUG traded up $0.02 during midday trading on Friday, hitting $1.62. 331,464 shares of the company traded hands, compared to its average volume of 866,910. The business has a 50 day simple moving average of $1.79 and a two-hundred day simple moving average of $1.84. Douglas Elliman Inc. has a 52-week low of $1.00 and a 52-week high of $2.98. The company has a market capitalization of $143.67 million, a price-to-earnings ratio of -1.57 and a beta of 1.52. 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 issued its quarterly earnings results on Tuesday, March 11th. The company reported $0.03 earnings per share for the quarter, beating analysts' consensus estimates of ($0.08) by $0.11. Douglas Elliman had a negative net margin of 8.81% and a negative return on equity of 22.85%. The firm had revenue of $243.32 million for the quarter.

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.