Hsbc Holdings PLC Invests $26.31 Million in Douglas Emmett, Inc. $DEI

Hsbc Holdings PLC bought a new stake in Douglas Emmett, Inc. (NYSE:DEI - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,202,536 shares of the real estate investment trust's stock, valued at approximately $26,308,000. Hsbc Holdings PLC owned about 1.32% of Douglas Emmett at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Cetera Investment Advisers boosted its holdings in Douglas Emmett by 6.7% during the second quarter. Cetera Investment Advisers now owns 12,220 shares of the real estate investment trust's stock worth $184,000 after purchasing an additional 766 shares during the last quarter. California State Teachers Retirement System lifted its position in shares of Douglas Emmett by 0.5% during the 2nd quarter. California State Teachers Retirement System now owns 154,385 shares of the real estate investment trust's stock worth $2,322,000 after buying an additional 819 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Douglas Emmett by 220.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust's stock worth $25,000 after buying an additional 1,166 shares during the last quarter. Creative Planning boosted its stake in shares of Douglas Emmett by 6.7% in the 2nd quarter. Creative Planning now owns 21,024 shares of the real estate investment trust's stock worth $316,000 after buying an additional 1,317 shares during the last quarter. Finally, Frazier Financial Advisors LLC grew its holdings in shares of Douglas Emmett by 47.0% in the fourth quarter. Frazier Financial Advisors LLC now owns 5,456 shares of the real estate investment trust's stock valued at $60,000 after acquiring an additional 1,745 shares in the last quarter. 97.37% of the stock is owned by institutional investors.

Douglas Emmett Trading Down 0.5%

NYSE:DEI opened at $11.90 on Friday. 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 capitalization of $1.99 billion, a PE ratio of -79.36, a price-to-earnings-growth ratio of 5.36 and a beta of 1.15. The firm's 50 day moving average is $11.97 and its 200 day moving average is $11.12. Douglas Emmett, Inc. has a 12 month low of $9.04 and a 12 month high of $16.99.

Douglas Emmett (NYSE:DEI - Get Free Report) last posted its quarterly earnings data 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 previous year, the company posted $0.37 EPS. Douglas Emmett'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. Sell-side analysts expect that Douglas Emmett, Inc. will post 1.41 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on DEI shares. Wall Street Zen raised Douglas Emmett from a "sell" rating to a "hold" rating in a research report on Saturday, August 15th. Wells Fargo & Company upped their price objective on Douglas Emmett from $13.00 to $14.00 and gave the company an "overweight" rating in a research note on Monday, June 1st. Cantor Fitzgerald upped 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. Weiss Ratings raised Douglas Emmett from a "sell (d)" rating to a "sell (d+)" rating in a research report on Thursday, July 23rd. Finally, Citigroup lifted their target price on Douglas Emmett from $10.00 to $12.00 and gave the stock a "neutral" rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $13.71.

Douglas Emmett 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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