Deutsche Bank AG Acquires 41,468 Shares of Douglas Emmett, Inc. (NYSE:DEI)

Deutsche Bank AG lifted its position in Douglas Emmett, Inc. (NYSE:DEI - Free Report) by 20.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 241,819 shares of the real estate investment trust's stock after buying an additional 41,468 shares during the quarter. Deutsche Bank AG owned about 0.14% of Douglas Emmett worth $4,488,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Tower Research Capital LLC TRC boosted its position in Douglas Emmett by 203.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,927 shares of the real estate investment trust's stock worth $54,000 after purchasing an additional 1,964 shares during the period. Smartleaf Asset Management LLC boosted its position 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 during the period. Raleigh Capital Management Inc. boosted its position in Douglas Emmett by 30.4% during the fourth quarter. Raleigh Capital Management Inc. now owns 5,028 shares of the real estate investment trust's stock worth $93,000 after purchasing an additional 1,172 shares during the period. Sterling Capital Management LLC boosted its position in Douglas Emmett by 808.8% during the fourth quarter. Sterling Capital Management LLC now owns 5,089 shares of the real estate investment trust's stock worth $94,000 after purchasing an additional 4,529 shares during the period. Finally, FIL Ltd boosted its position in Douglas Emmett by 19.0% during the fourth quarter. FIL Ltd now owns 5,546 shares of the real estate investment trust's stock worth $103,000 after purchasing an additional 884 shares during the period. Institutional investors own 97.37% of the company's stock.

Douglas Emmett Stock Performance

Shares of NYSE DEI traded down $0.04 during trading hours on Thursday, reaching $14.11. The stock had a trading volume of 1,624,707 shares, compared to its average volume of 1,737,984. The business's fifty day moving average is $14.68 and its two-hundred day moving average is $16.84. The company has a debt-to-equity ratio of 1.50, a current ratio of 4.32 and a quick ratio of 4.09. The company has a market cap of $2.36 billion, a price-to-earnings ratio of 108.51 and a beta of 1.21. Douglas Emmett, Inc. has a twelve month low of $12.39 and a twelve month high of $20.50.

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

Douglas Emmett Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a dividend of $0.19 per share. The ex-dividend date was Monday, March 31st. This represents a $0.76 annualized dividend and a yield of 5.39%. Douglas Emmett's dividend payout ratio is currently 237.50%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Wells Fargo & Company decreased their target price on Douglas Emmett from $20.00 to $16.00 and set an "overweight" rating for the company in a research report on Monday. Wall Street Zen upgraded Douglas Emmett from a "sell" rating to a "hold" rating in a report on Monday, May 12th. Finally, Jefferies Financial Group assumed coverage on Douglas Emmett in a report on Monday, March 17th. They set a "hold" rating and a $16.00 price target for the company. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, Douglas Emmett presently has a consensus rating of "Hold" and an average price target of $18.38.

Douglas Emmett Company Profile

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.