24,390,075 Shares in Douglas Emmett, Inc. $DEI Bought by BlackRock Inc.

Key Points

• BlackRock acquired 24.39 million shares of Douglas Emmett in the second quarter, worth approximately $287.8 million and representing a 14.56% stake. Institutional investors collectively own 97.37% of the REIT.
• Douglas Emmett reported a quarterly loss of $0.02 per share, missing analysts’ $0.36 estimate, although revenue rose 2% year over year to $256.55 million. The company maintained fiscal 2026 EPS guidance of $1.39–$1.43.
• Analysts remain generally cautious, with one Buy, seven Hold and one Sell rating; the stock has an average rating of Hold and an average price target of $13.71 versus a recent price of $11.96.

BlackRock Inc. bought a new stake in Douglas Emmett, Inc. (NYSE:DEI - Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 24,390,075 shares of the real estate investment trust's stock, valued at approximately $287,803,000. BlackRock Inc. owned 14.56% of Douglas Emmett at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Millennium Management LLC raised its stake in Douglas Emmett by 650.5% during the 4th quarter. Millennium Management LLC now owns 5,607,861 shares of the real estate investment trust's stock worth $61,630,000 after buying an additional 4,860,682 shares during the period. Bank of New York Mellon Corp acquired a new stake in Douglas Emmett in the second quarter valued at approximately $18,002,000. Alyeska Investment Group L.P. grew its stake in Douglas Emmett by 142.7% in the third quarter. Alyeska Investment Group L.P. now owns 2,544,575 shares of the real estate investment trust's stock valued at $39,619,000 after acquiring an additional 1,496,132 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in shares of Douglas Emmett by 42.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,248,144 shares of the real estate investment trust's stock valued at $30,598,000 after acquiring an additional 962,787 shares in the last quarter. Finally, Centersquare Investment Management LLC raised its position in shares of Douglas Emmett by 54.7% during the fourth quarter. Centersquare Investment Management LLC now owns 2,539,450 shares of the real estate investment trust's stock worth $27,909,000 after purchasing an additional 897,630 shares during the period. 97.37% of the stock is owned by institutional investors.

Douglas Emmett Price Performance

Shares of NYSE:DEI opened at $11.96 on Thursday. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 1.63. The stock has a market cap of $2.00 billion, a PE ratio of -79.73, a price-to-earnings-growth ratio of 5.45 and a beta of 1.15. The stock's fifty day simple moving average is $11.97 and its two-hundred day simple moving average is $11.11. Douglas Emmett, Inc. has a 1-year low of $9.04 and a 1-year high of $16.99.

Douglas Emmett (NYSE:DEI - Get Free Report) last announced its earnings results on Tuesday, August 4th. The real estate investment trust reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.36 by ($0.38). Douglas Emmett had a negative net margin of 2.27% and a negative return on equity of 0.66%. The firm had revenue of $256.55 million during the quarter, compared to analysts' expectations of $253.35 million. During the same quarter in the prior year, the company earned $0.37 EPS. The business's revenue for the quarter was up 2.0% on a year-over-year basis. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. As a group, analysts forecast that Douglas Emmett, Inc. will post 1.41 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts recently issued reports on DEI shares. Wells Fargo & Company lifted their price target on shares of Douglas Emmett from $13.00 to $14.00 and gave the company an "overweight" rating in a research report on Monday, June 1st. Scotiabank raised their price objective on shares of Douglas Emmett from $12.00 to $13.00 and gave the company a "sector perform" rating in a research note on Tuesday, July 21st. Cantor Fitzgerald lifted their price objective on shares of Douglas Emmett from $12.00 to $13.00 and gave the company a "neutral" rating in a report on Friday, August 7th. Weiss Ratings raised shares of Douglas Emmett from a "sell (d)" rating to a "sell (d+)" rating in a research report on Thursday, July 23rd. Finally, Wall Street Zen upgraded shares of Douglas Emmett from a "sell" rating to a "hold" rating in a report on Saturday, August 15th. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $13.71.

About Douglas Emmett

Douglas Emmett, Inc is a publicly traded real estate investment trust headquartered in Santa Monica, California. The company specializes in the ownership, management and development of high‐quality office and multifamily properties, primarily concentrated in the coastal regions of Los Angeles County and the Greater Honolulu area. As a vertically integrated real estate platform, Douglas Emmett controls all aspects of property operations, leasing, capital improvements and tenant relations, positioning it to deliver stable, long‐term cash flows.

The company's office portfolio consists predominantly of Class A buildings located in prime business districts, featuring modern amenities, campus-like settings and environmentally conscious design elements.

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