Legal & General Group Plc Invests $27.57 Million in Douglas Emmett, Inc. $DEI

Key Points

• Legal & General Group Plc acquired 2.34 million Douglas Emmett shares valued at approximately $27.57 million, giving it a 1.40% stake. Institutional investors collectively own 97.37% of the REIT.
• Analysts raised several price targets, but sentiment remains cautious: Douglas Emmett has an average “Hold” rating and a consensus price target of $13.71, compared with a recent share price of $11.80.
• Douglas Emmett reported quarterly EPS of negative $0.02, missing the $0.36 consensus estimate, although revenue rose 2.0% year over year to $256.55 million. The company provided fiscal 2026 EPS guidance of $1.39–$1.43.

Legal & General Group Plc acquired a new stake in shares of Douglas Emmett, Inc. (NYSE:DEI - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,336,573 shares of the real estate investment trust's stock, valued at approximately $27,572,000. Legal & General Group Plc owned approximately 1.40% of Douglas Emmett at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cetera Investment Advisers raised its position in Douglas Emmett by 6.7% in the 2nd 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 period. California State Teachers Retirement System increased its holdings in shares of Douglas Emmett by 0.5% in the second 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 during the period. EverSource Wealth Advisors LLC lifted 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 valued at $25,000 after acquiring an additional 1,166 shares during the last quarter. Creative Planning boosted its holdings in Douglas Emmett by 6.7% during the 2nd quarter. Creative Planning now owns 21,024 shares of the real estate investment trust's stock valued at $316,000 after acquiring an additional 1,317 shares during the period. Finally, Frazier Financial Advisors LLC grew its position in Douglas Emmett by 47.0% during the 4th quarter. Frazier Financial Advisors LLC now owns 5,456 shares of the real estate investment trust's stock worth $60,000 after acquiring an additional 1,745 shares during the last quarter. Hedge funds and other institutional investors own 97.37% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on DEI shares. Wells Fargo & Company upped their price objective on shares of 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 boosted their price objective on shares of Douglas Emmett from $12.00 to $13.00 and gave the stock a "neutral" rating in a research note on Friday, August 7th. Evercore set a $14.00 target price on Douglas Emmett in a research note on Monday, June 8th. Wall Street Zen raised shares of Douglas Emmett from a "sell" rating to a "hold" rating in a research report on Saturday, August 15th. Finally, Citigroup lifted their price objective on Douglas Emmett from $10.00 to $12.00 and gave the stock a "neutral" rating in a report on Monday, May 11th. 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. Based on data from MarketBeat, Douglas Emmett presently has an average rating of "Hold" and an average price target of $13.71.

Douglas Emmett Stock Down 0.7%

NYSE DEI opened at $11.80 on Friday. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 1.63. Douglas Emmett, Inc. has a 52 week low of $9.04 and a 52 week high of $16.99. The company has a market capitalization of $1.98 billion, a P/E ratio of -78.66, a price-to-earnings-growth ratio of 5.28 and a beta of 1.15. The stock's 50-day moving average price is $11.98 and its 200-day moving average price is $11.13.

Douglas Emmett (NYSE:DEI - Get Free Report) last announced its quarterly earnings data 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). Douglas Emmett had a negative return on equity of 0.66% and a negative net margin of 2.27%.The firm had revenue of $256.55 million during the quarter, compared to analysts' expectations of $253.35 million. During the same period last year, the company earned $0.37 earnings per share. 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. On average, equities research analysts predict that Douglas Emmett, Inc. will post 1.41 earnings per share for the current year.

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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