Douglas Elliman Inc. (NYSE:DOUG) Shares Bought by Squarepoint Ops LLC

Squarepoint Ops LLC boosted its holdings in Douglas Elliman Inc. (NYSE:DOUG - Free Report) by 220.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 229,192 shares of the company's stock after purchasing an additional 157,718 shares during the quarter. Squarepoint Ops LLC owned approximately 0.26% of Douglas Elliman worth $383,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in DOUG. Golden State Wealth Management LLC bought a new position in shares of Douglas Elliman during the fourth quarter valued at approximately $25,000. US Bancorp DE boosted its position in Douglas Elliman by 36,851.9% during the 4th quarter. US Bancorp DE now owns 19,954 shares of the company's stock valued at $33,000 after purchasing an additional 19,900 shares during the period. Atria Investments Inc boosted its position in Douglas Elliman by 39.6% during the 4th quarter. Atria Investments Inc now owns 28,529 shares of the company's stock valued at $48,000 after purchasing an additional 8,095 shares during the period. First Eagle Investment Management LLC grew its stake in Douglas Elliman by 436.1% during the 4th quarter. First Eagle Investment Management LLC now owns 1,126,312 shares of the company's stock worth $1,881,000 after buying an additional 916,210 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new stake in Douglas Elliman in the fourth quarter worth $77,000. Institutional investors and hedge funds own 59.56% of the company's stock.

Douglas Elliman Stock Performance

DOUG stock traded down $0.07 during mid-day trading on Monday, reaching $2.63. The company had a trading volume of 272,987 shares, compared to its average volume of 894,456. Douglas Elliman Inc. has a one year low of $1.03 and a one year high of $3.20. The stock has a market capitalization of $232.94 million, a P/E ratio of -2.55 and a beta of 1.85. The company has a quick ratio of 4.62, a current ratio of 4.62 and a debt-to-equity ratio of 0.20. The stock's 50-day simple moving average is $1.99 and its two-hundred day simple moving average is $1.92.

Douglas Elliman (NYSE:DOUG - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.05). The firm had revenue of $253.40 million during the quarter, compared to the consensus estimate of $223.19 million. Douglas Elliman had a negative net margin of 8.81% and a negative return on equity of 22.85%.

Insider Activity

In related news, Director Patrick J. Bartels, Jr. acquired 58,104 shares of Douglas Elliman stock in a transaction that occurred on Monday, May 12th. The stock was acquired at an average price of $1.92 per share, with a total value of $111,559.68. Following the completion of the acquisition, the director now directly owns 193,975 shares of the company's stock, valued at $372,432. This trade represents a 42.76% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 6.79% of the company's stock.

Douglas Elliman Company Profile

Douglas Elliman Inc owns Douglas Elliman Realty, LLC, operating as a residential brokerage company in the United States with operations in New York, Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, Maryland, Virginia and Washington, DC In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology (“PropTech”) solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets.