Landmark Investment Partners L.P. Takes $3.54 Million Position in Douglas Emmett, Inc. (NYSE:DEI)

Landmark Investment Partners L.P. acquired a new stake in Douglas Emmett, Inc. (NYSE:DEI - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 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 investment portfolio, making the stock its 16th biggest holding. Landmark Investment Partners L.P. owned about 0.11% of Douglas Emmett at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dark Forest Capital Management LP boosted its position in Douglas Emmett by 354.6% during the fourth quarter. Dark Forest Capital Management LP now owns 62,917 shares of the real estate investment trust's stock worth $1,168,000 after acquiring an additional 49,076 shares during the last quarter. Hsbc Holdings PLC grew its position in shares of Douglas Emmett by 0.4% in the fourth quarter. Hsbc Holdings PLC now owns 2,508,153 shares of the real estate investment trust's stock valued at $46,265,000 after purchasing an additional 9,876 shares in the last quarter. Stifel Financial Corp increased its holdings in shares of Douglas Emmett by 6.7% in the fourth quarter. Stifel Financial Corp now owns 18,976 shares of the real estate investment trust's stock valued at $352,000 after purchasing an additional 1,193 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in Douglas Emmett by 203.9% during the fourth 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 last quarter. Finally, MetLife Investment Management LLC increased its stake in shares of Douglas Emmett by 5.3% in the 4th quarter. MetLife Investment Management LLC now owns 102,891 shares of the real estate investment trust's stock worth $1,910,000 after acquiring an additional 5,184 shares during the last quarter. Hedge funds and other institutional investors own 97.37% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Wedbush upgraded shares of Douglas Emmett from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $19.00 to $21.00 in a research report on Thursday, January 2nd. StockNews.com cut Douglas Emmett from a "hold" rating to a "sell" rating in a report on Thursday, February 6th. Jefferies Financial Group began coverage on Douglas Emmett in a research report on Monday, March 17th. They issued a "hold" rating and a $16.00 target price on the stock. Janney Montgomery Scott reissued a "neutral" rating on shares of Douglas Emmett in a research report on Wednesday, January 15th. Finally, Piper Sandler raised shares of Douglas Emmett from a "neutral" rating to an "overweight" rating and set a $20.00 target price on the stock in a research report on Monday, January 13th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $18.50.

Douglas Emmett Stock Down 0.3 %

DEI traded down $0.04 on Wednesday, hitting $13.79. 2,200,171 shares of the company were exchanged, compared to its average volume of 1,700,481. The firm has a 50-day moving average price of $15.31 and a two-hundred day moving average price of $17.26. The company has a current ratio of 4.32, a quick ratio of 4.09 and a debt-to-equity ratio of 1.50. Douglas Emmett, Inc. has a twelve month low of $12.39 and a twelve month high of $20.50. The company has a market cap of $2.31 billion, a price-to-earnings ratio of 106.09 and a beta of 1.09.

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

Douglas Emmett Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.51%. The ex-dividend date of this dividend was Monday, March 31st. Douglas Emmett's dividend payout ratio is presently 584.62%.

About Douglas Emmett

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.