Douglas Elliman Inc. (NYSE:DOUG) Shares Sold by XTX Topco Ltd

XTX Topco Ltd lessened its holdings in Douglas Elliman Inc. (NYSE:DOUG - Free Report) by 69.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 88,941 shares of the company's stock after selling 197,620 shares during the quarter. XTX Topco Ltd owned approximately 0.10% of Douglas Elliman worth $149,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Golden State Wealth Management LLC purchased a new position in Douglas Elliman during the 4th quarter worth approximately $25,000. US Bancorp DE grew its holdings in shares of Douglas Elliman by 36,851.9% during the fourth quarter. US Bancorp DE now owns 19,954 shares of the company's stock worth $33,000 after buying an additional 19,900 shares during the last quarter. Atria Investments Inc increased its position in Douglas Elliman by 39.6% in 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 period. Virtu Financial LLC purchased a new stake in Douglas Elliman during the 4th quarter valued at approximately $51,000. Finally, JPMorgan Chase & Co. grew its stake in shares of Douglas Elliman by 79.1% in the 4th quarter. JPMorgan Chase & Co. now owns 38,560 shares of the company's stock valued at $64,000 after purchasing an additional 17,027 shares during the last quarter. 59.56% of the stock is owned by institutional investors and hedge funds.

Douglas Elliman Stock Performance

Shares of Douglas Elliman stock traded up $0.14 during trading hours on Friday, hitting $1.82. 934,259 shares of the company were exchanged, compared to its average volume of 849,383. 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 business has a 50-day moving average of $1.71 and a 200-day moving average of $1.84. Douglas Elliman Inc. has a 1 year low of $1.00 and a 1 year high of $2.98. The stock has a market capitalization of $161.06 million, a price-to-earnings ratio of -1.76 and a beta of 1.52.

Douglas Elliman (NYSE:DOUG - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported ($0.03) 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 return on equity of 22.85% and a negative net margin of 8.81%.

Douglas Elliman Company 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.