Squarepoint Ops LLC Purchases 157,718 Shares of Douglas Elliman Inc. (NYSE:DOUG)

Squarepoint Ops LLC increased its position in shares of Douglas Elliman Inc. (NYSE:DOUG - Free Report) by 220.7% during the 4th quarter, according to its most recent 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 period. Squarepoint Ops LLC owned 0.26% of Douglas Elliman worth $383,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Golden State Wealth Management LLC purchased a new position in Douglas Elliman during the fourth quarter valued at $25,000. Boothbay Fund Management LLC purchased a new position in Douglas Elliman during the fourth quarter valued at $27,000. Alpine Global Management LLC purchased a new position in Douglas Elliman during the fourth quarter valued at $28,000. US Bancorp DE grew its stake in Douglas Elliman by 36,851.9% during the fourth quarter. US Bancorp DE now owns 19,954 shares of the company's stock valued at $33,000 after acquiring an additional 19,900 shares in the last quarter. Finally, Atria Investments Inc grew its stake in Douglas Elliman by 39.6% during the fourth quarter. Atria Investments Inc now owns 28,529 shares of the company's stock valued at $48,000 after acquiring an additional 8,095 shares in the last quarter. 59.56% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Douglas Elliman

In related news, Director Patrick J. Bartels, Jr. purchased 15,200 shares of the company's stock in a transaction that occurred on Thursday, May 8th. The stock was bought at an average price of $1.84 per share, for a total transaction of $27,968.00. Following the completion of the transaction, the director now owns 74,175 shares in the company, valued at approximately $136,482. The trade was a 25.77% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. 6.79% of the stock is owned by insiders.

Douglas Elliman Stock Performance

DOUG opened at $2.68 on Friday. The stock has a market capitalization of $237.46 million, a price-to-earnings ratio of -2.60 and a beta of 1.85. The company has a fifty day moving average of $1.97 and a 200 day moving average of $1.93. Douglas Elliman Inc. has a fifty-two week low of $1.03 and a fifty-two week high of $3.20. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.62 and a current ratio of 4.62.

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

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.

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