Quinn Opportunity Partners LLC Sells 197,098 Shares of Douglas Elliman Inc. (NYSE:DOUG)

Quinn Opportunity Partners LLC reduced its stake in shares of Douglas Elliman Inc. (NYSE:DOUG - Free Report) by 26.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 557,587 shares of the company's stock after selling 197,098 shares during the quarter. Quinn Opportunity Partners LLC owned 0.63% of Douglas Elliman worth $931,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Diversified Investment Strategies LLC increased its position in shares of Douglas Elliman by 59.5% in the 4th quarter. Diversified Investment Strategies LLC now owns 824,765 shares of the company's stock worth $1,377,000 after purchasing an additional 307,657 shares during the last quarter. Truffle Hound Capital LLC acquired a new stake in Douglas Elliman during the fourth quarter valued at approximately $3,340,000. First Eagle Investment Management LLC lifted its holdings in Douglas Elliman by 436.1% during the 4th quarter. First Eagle Investment Management LLC now owns 1,126,312 shares of the company's stock worth $1,881,000 after buying an additional 916,210 shares during the last quarter. Charles Schwab Investment Management Inc. acquired a new stake in shares of Douglas Elliman during the 3rd quarter valued at approximately $73,000. Finally, Barclays PLC lifted its stake in Douglas Elliman by 3,808,900.0% during the third quarter. Barclays PLC now owns 38,090 shares of the company's stock worth $70,000 after purchasing an additional 38,089 shares during the last quarter. 59.56% of the stock is owned by hedge funds and other institutional investors.

Douglas Elliman Stock Performance

DOUG traded up $0.05 during trading hours on Thursday, hitting $1.65. The company's stock had a trading volume of 134,102 shares, compared to its average volume of 868,797. Douglas Elliman Inc. has a fifty-two week low of $1.00 and a fifty-two week high of $2.98. The company has a 50-day simple moving average of $1.80 and a 200 day simple moving average of $1.84. The company has a current ratio of 4.62, a quick ratio of 4.62 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $145.97 million, a PE ratio of -1.60 and a beta of 1.52.

Douglas Elliman (NYSE:DOUG - Get Free Report) last announced its earnings results on Tuesday, March 11th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.11. The company had revenue of $243.32 million for the quarter. Douglas Elliman had a negative net margin of 8.81% and a negative return on equity of 22.85%.

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.