Traders Buy Large Volume of Call Options on Douglas Emmett (NYSE:DEI)

Douglas Emmett, Inc. (NYSE:DEI) was the target of unusually large options trading on Wednesday. Investors purchased 10,613 call options on the stock. This represents an increase of 1,136% compared to the average daily volume of 859 call options.

Analyst Ratings Changes

Several brokerages recently commented on DEI. Scotiabank boosted their price target 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. Weiss Ratings cut shares of Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 4th. Cantor Fitzgerald raised their price target on shares of Douglas Emmett from $11.00 to $12.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Wells Fargo & Company lifted their price objective on shares of Douglas Emmett from $13.00 to $14.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Finally, Wall Street Zen upgraded shares of Douglas Emmett from a “sell” rating to a “hold” rating in a report on Saturday, June 27th. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $13.00.

Douglas Emmett Stock Performance

DEI opened at $12.76 on Friday. The company has a quick ratio of 2.63, a current ratio of 2.63 and a debt-to-equity ratio of 1.62. The stock’s 50 day moving average price is $11.94 and its two-hundred day moving average price is $10.90. The firm has a market capitalization of $2.14 billion, a P/E ratio of -75.03, a price-to-earnings-growth ratio of 6.50 and a beta of 1.15. Douglas Emmett has a 12-month low of $9.04 and a 12-month high of $16.99.

Douglas Emmett (NYSE:DEI) last issued its quarterly 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 company had revenue of $250.96 million during the quarter, compared to analyst estimates of $251.11 million. During the same period in the previous year, the company earned $0.40 earnings per share. The company’s quarterly revenue was down .4% compared to the same quarter last year. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. On average, equities analysts forecast that Douglas Emmett will post 1.41 earnings per share for the current year.

Douglas Emmett Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 6.0%. The ex-dividend date was Tuesday, June 30th. Douglas Emmett’s payout ratio is currently -447.06%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DEI. State Street Corp lifted its holdings in shares of Douglas Emmett by 1.0% during the second quarter. State Street Corp now owns 9,759,702 shares of the real estate investment trust’s stock valued at $148,593,000 after acquiring an additional 100,396 shares during the period. Wellington Management Group LLP grew its stake in Douglas Emmett by 2.5% during the fourth quarter. Wellington Management Group LLP now owns 7,142,978 shares of the real estate investment trust’s stock worth $78,501,000 after buying an additional 171,208 shares during the last quarter. Millennium Management LLC grew its stake in Douglas Emmett by 650.5% during the fourth quarter. Millennium Management LLC now owns 5,607,861 shares of the real estate investment trust’s stock worth $61,630,000 after buying an additional 4,860,682 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Douglas Emmett by 10.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 5,310,925 shares of the real estate investment trust’s stock worth $58,367,000 after buying an additional 506,108 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Douglas Emmett by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 4,291,907 shares of the real estate investment trust’s stock worth $47,174,000 after buying an additional 23,653 shares in the last quarter. 97.37% of the stock is currently owned by institutional investors and hedge funds.

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.