Douglas Elliman Inc. (NYSE:DOUG) Shares Acquired by Two Sigma Investments LP

Two Sigma Investments LP increased its position in Douglas Elliman Inc. (NYSE:DOUG - Free Report) by 213.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 262,023 shares of the company's stock after purchasing an additional 178,519 shares during the period. Two Sigma Investments LP owned 0.29% of Douglas Elliman worth $438,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in DOUG. Golden State Wealth Management LLC acquired a new position in Douglas Elliman in the fourth quarter valued at $25,000. Boothbay Fund Management LLC purchased a new position in shares of Douglas Elliman during the fourth quarter worth about $27,000. Alpine Global Management LLC purchased a new position in shares of Douglas Elliman during the fourth quarter worth about $28,000. US Bancorp DE increased its position in Douglas Elliman by 36,851.9% in the 4th 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 during the period. Finally, Atria Investments Inc raised its stake 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 acquiring an additional 8,095 shares during the last quarter. 59.56% of the stock is owned by institutional investors and hedge funds.

Douglas Elliman Stock Performance

Douglas Elliman stock traded up $0.12 during mid-day trading on Thursday, reaching $2.77. 247,955 shares of the company were exchanged, compared to its average volume of 888,785. The firm has a market cap of $245.80 million, a PE ratio of -2.69 and a beta of 1.85. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.62 and a current ratio of 4.62. The firm's 50-day simple moving average is $2.05 and its two-hundred day simple moving average is $1.93. Douglas Elliman Inc. has a twelve month low of $1.03 and a twelve month high of $3.20.

Douglas Elliman (NYSE:DOUG - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported ($0.03) earnings per share (EPS) 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 analyst estimates of $223.19 million. Douglas Elliman had a negative net margin of 8.81% and a negative return on equity of 22.85%.

Insider Transactions at Douglas Elliman

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

Douglas Elliman 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.