190,888 Shares in Douglas Emmett, Inc. (NYSE:DEI) Purchased by Landmark Investment Partners L.P.

Landmark Investment Partners L.P. bought a new stake in shares of Douglas Emmett, Inc. (NYSE:DEI - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 190,888 shares of the real estate investment trust's stock, valued at approximately $3,543,000. Douglas Emmett comprises approximately 1.4% of Landmark Investment Partners L.P.'s portfolio, making the stock its 16th largest holding. Landmark Investment Partners L.P. owned approximately 0.11% of Douglas Emmett at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Tower Research Capital LLC TRC grew its position in shares of Douglas Emmett by 203.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,927 shares of the real estate investment trust's stock worth $54,000 after buying an additional 1,964 shares during the period. Smartleaf Asset Management LLC raised its holdings in Douglas Emmett by 222.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,252 shares of the real estate investment trust's stock worth $79,000 after buying an additional 2,933 shares during the period. GAMMA Investing LLC lifted its stake in Douglas Emmett by 19.7% in the fourth quarter. GAMMA Investing LLC now owns 4,561 shares of the real estate investment trust's stock valued at $85,000 after buying an additional 750 shares in the last quarter. Raleigh Capital Management Inc. boosted its holdings in shares of Douglas Emmett by 30.4% in the fourth quarter. Raleigh Capital Management Inc. now owns 5,028 shares of the real estate investment trust's stock valued at $93,000 after buying an additional 1,172 shares during the period. Finally, Sterling Capital Management LLC increased its position in shares of Douglas Emmett by 808.8% during the fourth quarter. Sterling Capital Management LLC now owns 5,089 shares of the real estate investment trust's stock worth $94,000 after acquiring an additional 4,529 shares in the last quarter. Institutional investors own 97.37% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on DEI. Janney Montgomery Scott reissued a "neutral" rating on shares of Douglas Emmett in a research note on Wednesday, January 15th. Jefferies Financial Group started coverage on Douglas Emmett in a research note on Monday, March 17th. They issued a "hold" rating and a $16.00 target price on the stock. StockNews.com cut shares of Douglas Emmett from a "hold" rating to a "sell" rating in a research note on Thursday, February 6th. Finally, Piper Sandler raised shares of Douglas Emmett from a "neutral" rating to an "overweight" rating and set a $20.00 price objective on the stock in a research report on Monday, January 13th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $18.50.

Douglas Emmett Stock Up 2.0 %

DEI traded up $0.28 during trading on Friday, reaching $14.49. 1,025,863 shares of the stock were exchanged, compared to its average volume of 1,696,870. The company has a debt-to-equity ratio of 1.50, a quick ratio of 4.09 and a current ratio of 4.32. The stock's 50 day moving average price is $15.18 and its two-hundred day moving average price is $17.18. Douglas Emmett, Inc. has a twelve month low of $12.39 and a twelve month high of $20.50. The stock has a market cap of $2.43 billion, a P/E ratio of 111.47 and a beta of 1.09.

Douglas Emmett (NYSE:DEI - Get Free Report) last issued its earnings results on Tuesday, February 4th. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.06) by $0.44. Douglas Emmett had a net margin of 2.38% and a return on equity of 0.63%. Equities analysts expect that Douglas Emmett, Inc. will post 1.45 EPS for the current year.

Douglas Emmett Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.24%. The ex-dividend date was Monday, March 31st. Douglas Emmett's payout ratio is presently 584.62%.

Douglas Emmett Profile

Douglas Emmett, Inc (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.