MYDA Advisors LLC Invests $879,000 in Douglas Emmett, Inc. $DEI

MYDA Advisors LLC acquired a new position in Douglas Emmett, Inc. (NYSE:DEI) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 80,000 shares of the real estate investment trust’s stock, valued at approximately $879,000.

Several other institutional investors have also recently made changes to their positions in the stock. Cetera Investment Advisers raised its stake in shares of Douglas Emmett by 6.7% in the second quarter. Cetera Investment Advisers now owns 12,220 shares of the real estate investment trust’s stock worth $184,000 after buying an additional 766 shares during the period. California State Teachers Retirement System raised its stake in shares of Douglas Emmett by 0.5% in the second quarter. California State Teachers Retirement System now owns 154,385 shares of the real estate investment trust’s stock worth $2,322,000 after buying an additional 819 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of Douglas Emmett by 6.4% in the third quarter. PNC Financial Services Group Inc. now owns 13,931 shares of the real estate investment trust’s stock worth $217,000 after buying an additional 844 shares during the period. Smartleaf Asset Management LLC raised its stake in Douglas Emmett by 24.8% during the 3rd quarter. Smartleaf Asset Management LLC now owns 5,320 shares of the real estate investment trust’s stock valued at $83,000 after purchasing an additional 1,056 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in Douglas Emmett by 220.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 1,166 shares during the period. Institutional investors own 97.37% of the company’s stock.

Douglas Emmett Stock Down 0.1%

Shares of DEI opened at $12.27 on Monday. The business’s 50 day moving average is $11.14 and its 200 day moving average is $10.84. The company has a market capitalization of $2.05 billion, a PE ratio of -72.15, a price-to-earnings-growth ratio of 6.40 and a beta of 1.16. Douglas Emmett, Inc. has a 12-month low of $9.04 and a 12-month high of $16.99. The company has a current ratio of 2.63, a quick ratio of 2.63 and a debt-to-equity ratio of 1.62.

Douglas Emmett (NYSE:DEI) last announced its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. Douglas Emmett had a negative return on equity of 0.74% and a negative net margin of 2.59%.The firm had revenue of $250.96 million during the quarter, compared to analysts’ expectations of $251.11 million. During the same quarter in the previous year, the business earned $0.40 EPS. The company’s quarterly revenue was down .4% on a year-over-year basis. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. Research analysts expect that Douglas Emmett, Inc. will post 1.41 earnings per share for the current fiscal year.

Douglas Emmett Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.19 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.76 dividend on an annualized basis and a yield of 6.2%. Douglas Emmett’s payout ratio is presently -447.06%.

Analysts Set New Price Targets

Several brokerages recently issued reports on DEI. Scotiabank lifted their target price on Douglas Emmett from $11.50 to $12.00 and gave the company a “sector perform” rating in a research note on Thursday, May 21st. Evercore set a $14.00 target price on Douglas Emmett in a research note on Monday, June 8th. Citigroup lifted their target price on Douglas Emmett from $10.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Piper Sandler decreased their target price on Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 17th. Finally, Wells Fargo & Company lifted their target price on Douglas Emmett from $13.00 to $14.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. One investment analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $13.50.

Douglas Emmett Company Profile

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.