Marshall Wace LLP Buys New Position in Douglas Emmett, Inc. (NYSE:DEI)

Marshall Wace LLP bought a new position in shares of Douglas Emmett, Inc. (NYSE:DEI - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 487,340 shares of the real estate investment trust's stock, valued at approximately $9,045,000. Marshall Wace LLP owned approximately 0.29% of Douglas Emmett as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Smartleaf Asset Management LLC grew its position in shares of 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 purchasing an additional 2,933 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Douglas Emmett by 19.7% during the 4th quarter. GAMMA Investing LLC now owns 4,561 shares of the real estate investment trust's stock worth $85,000 after purchasing an additional 750 shares in the last quarter. Raleigh Capital Management Inc. grew its position in shares of Douglas Emmett by 30.4% during the 4th quarter. Raleigh Capital Management Inc. now owns 5,028 shares of the real estate investment trust's stock worth $93,000 after purchasing an additional 1,172 shares in the last quarter. Sterling Capital Management LLC grew its position in shares of Douglas Emmett by 808.8% during the 4th quarter. Sterling Capital Management LLC now owns 5,089 shares of the real estate investment trust's stock worth $94,000 after purchasing an additional 4,529 shares in the last quarter. Finally, FIL Ltd boosted its position in shares of Douglas Emmett by 19.0% during the 4th quarter. FIL Ltd now owns 5,546 shares of the real estate investment trust's stock worth $103,000 after acquiring an additional 884 shares in the last quarter. Institutional investors and hedge funds own 97.37% of the company's stock.

Wall Street Analysts Forecast Growth

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

Douglas Emmett Trading Down 0.3 %

NYSE DEI traded down $0.04 on Monday, reaching $14.20. The company had a trading volume of 1,596,556 shares, compared to its average volume of 1,701,820. The firm has a market cap of $2.38 billion, a price-to-earnings ratio of 109.24 and a beta of 1.09. The company has a debt-to-equity ratio of 1.50, a current ratio of 4.32 and a quick ratio of 4.09. Douglas Emmett, Inc. has a fifty-two week low of $12.39 and a fifty-two week high of $20.50. The business has a 50 day moving average of $15.36 and a two-hundred day moving average of $17.28.

Douglas Emmett (NYSE:DEI - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The real estate investment trust reported $0.38 EPS for the quarter, beating 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%. Analysts forecast that Douglas Emmett, Inc. will post 1.45 EPS for the current year.

Douglas Emmett Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a $0.19 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.35%. Douglas Emmett's dividend payout ratio (DPR) is presently 584.62%.

Douglas Emmett Company 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.