Vanguard Group Inc. Sells 189,807 Shares of Douglas Emmett, Inc. $DEI

Vanguard Group Inc. decreased its stake in shares of Douglas Emmett, Inc. (NYSE:DEI) by 0.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 25,012,084 shares of the real estate investment trust’s stock after selling 189,807 shares during the period. Vanguard Group Inc. owned 0.15% of Douglas Emmett worth $389,438,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its holdings in Douglas Emmett by 8.6% during the third quarter. JPMorgan Chase & Co. now owns 1,718,393 shares of the real estate investment trust’s stock valued at $26,755,000 after purchasing an additional 135,622 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its holdings in shares of Douglas Emmett by 4.8% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 227,841 shares of the real estate investment trust’s stock worth $3,547,000 after buying an additional 10,335 shares during the period. PNC Financial Services Group Inc. grew its stake in Douglas Emmett by 6.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 13,931 shares of the real estate investment trust’s stock valued at $217,000 after buying an additional 844 shares during the last quarter. Aberdeen Group plc raised its holdings in Douglas Emmett by 13.5% in the 3rd quarter. Aberdeen Group plc now owns 57,560 shares of the real estate investment trust’s stock worth $896,000 after acquiring an additional 6,844 shares during the period. Finally, Metis Global Partners LLC lifted its position in Douglas Emmett by 36.5% during the 3rd quarter. Metis Global Partners LLC now owns 37,758 shares of the real estate investment trust’s stock worth $588,000 after acquiring an additional 10,091 shares during the last quarter. Institutional investors own 97.37% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on DEI. JPMorgan Chase & Co. lowered their price target on Douglas Emmett from $18.00 to $16.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 25th. Jefferies Financial Group restated a “hold” rating on shares of Douglas Emmett in a research note on Tuesday, November 11th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $11.00 price target on shares of Douglas Emmett in a research report on Monday, January 5th. UBS Group lowered Douglas Emmett to a “sector perform” rating in a report on Wednesday, January 14th. Finally, Weiss Ratings cut Douglas Emmett from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 12th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $13.78.

Douglas Emmett Trading Up 1.7%

Douglas Emmett stock opened at $10.51 on Friday. The business has a 50 day moving average price of $10.72 and a two-hundred day moving average price of $12.82. The company has a quick ratio of 3.03, a current ratio of 3.33 and a debt-to-equity ratio of 1.60. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 116.79, a price-to-earnings-growth ratio of 4.64 and a beta of 1.14. Douglas Emmett, Inc. has a 12 month low of $9.53 and a 12 month high of $17.47.

Douglas Emmett (NYSE:DEI) last announced its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $0.35 earnings per share for the quarter, hitting the consensus estimate of $0.35. The company had revenue of $249.43 million for the quarter, compared to analyst estimates of $252.91 million. Douglas Emmett had a return on equity of 0.46% and a net margin of 1.62%.Douglas Emmett’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.38 EPS. Douglas Emmett has set its FY 2026 guidance at 1.390-1.450 EPS. As a group, equities analysts forecast that Douglas Emmett, Inc. will post 1.45 EPS for the current year.

Douglas Emmett Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 7.2%. The ex-dividend date of this dividend is Tuesday, March 31st. Douglas Emmett’s payout ratio is 844.44%.

About Douglas Emmett

Douglas Emmett, Inc is a publicly traded real estate investment trust headquartered in Santa Monica, California. The company specializes in the ownership, management and development of high‐quality office and multifamily properties, primarily concentrated in the coastal regions of Los Angeles County and the Greater Honolulu area. As a vertically integrated real estate platform, Douglas Emmett controls all aspects of property operations, leasing, capital improvements and tenant relations, positioning it to deliver stable, long‐term cash flows.

The company’s office portfolio consists predominantly of Class A buildings located in prime business districts, featuring modern amenities, campus-like settings and environmentally conscious design elements.