Bank of America Corp DE Boosts Stake in Douglas Emmett, Inc. $DEI

Key Points

• Bank of America increased its Douglas Emmett stake by 34.6% in the first quarter, bringing its holdings to 918,712 shares valued at approximately $8.65 million. Institutional investors collectively own 97.37% of DEI’s stock.
• Douglas Emmett reported quarterly revenue of $256.55 million, up 2% year over year but missed earnings estimates with a loss of $0.02 per share versus expectations of $0.36. The company issued fiscal 2026 EPS guidance of $1.39–$1.43.
• The REIT pays a quarterly dividend of $0.19, equivalent to $0.76 annually and a 6.4% yield. Analysts maintain a consensus “Hold” rating with an average price target of $13.71, compared with the stock’s reported price of $11.96.

Bank of America Corp DE boosted its position in shares of Douglas Emmett, Inc. (NYSE:DEI - Free Report) by 34.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 918,712 shares of the real estate investment trust's stock after buying an additional 236,105 shares during the period. Bank of America Corp DE owned approximately 0.55% of Douglas Emmett worth $8,654,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada grew its holdings in shares of Douglas Emmett by 43.4% in the first quarter. Royal Bank of Canada now owns 29,746 shares of the real estate investment trust's stock valued at $476,000 after purchasing an additional 9,007 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Douglas Emmett by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 96,105 shares of the real estate investment trust's stock worth $1,538,000 after purchasing an additional 4,186 shares during the last quarter. Empowered Funds LLC raised its stake in Douglas Emmett by 8.4% during the first quarter. Empowered Funds LLC now owns 24,086 shares of the real estate investment trust's stock valued at $385,000 after purchasing an additional 1,864 shares in the last quarter. Intech Investment Management LLC raised its stake in Douglas Emmett by 33.4% during the first quarter. Intech Investment Management LLC now owns 83,994 shares of the real estate investment trust's stock valued at $1,344,000 after purchasing an additional 21,035 shares in the last quarter. Finally, Creative Planning lifted its position in Douglas Emmett by 6.7% during the second quarter. Creative Planning now owns 21,024 shares of the real estate investment trust's stock valued at $316,000 after purchasing an additional 1,317 shares during the last quarter. Hedge funds and other institutional investors own 97.37% of the company's stock.

Douglas Emmett Stock Performance

DEI stock opened at $11.96 on Tuesday. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 1.63. The business's fifty day simple moving average is $11.96 and its two-hundred day simple moving average is $11.09. Douglas Emmett, Inc. has a twelve month low of $9.04 and a twelve month high of $16.99. The firm has a market cap of $2.00 billion, a price-to-earnings ratio of -79.76, a PEG ratio of 5.28 and a beta of 1.15.

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

Douglas Emmett Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.76 annualized dividend and a yield of 6.4%. Douglas Emmett's dividend payout ratio is -506.67%.

Analyst Ratings Changes

Several analysts have recently issued reports on DEI shares. Weiss Ratings upgraded shares of Douglas Emmett from a "sell (d)" rating to a "sell (d+)" rating in a research report on Thursday, July 23rd. Piper Sandler lifted their price target on Douglas Emmett from $11.00 to $14.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 21st. Citigroup boosted their price objective on Douglas Emmett from $10.00 to $12.00 and gave the stock a "neutral" rating in a research note on Monday, May 11th. Wall Street Zen upgraded Douglas Emmett from a "sell" rating to a "hold" rating in a research report on Saturday, August 15th. Finally, Cantor Fitzgerald raised their price objective on Douglas Emmett from $12.00 to $13.00 and gave the company a "neutral" rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $13.71.

Douglas Emmett Company Profile

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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