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Douglas Emmett (NYSE:DEI) Chairman Dan A. Emmett sold 28,799 shares of the stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $28.27, for a total value of $814,147.73. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

A number of analysts have recently weighed in on DEI shares. Analysts at Stifel Nicolaus downgraded shares of Douglas Emmett from a “hold” rating to a “sell” rating in a research note on Monday, August 4th. They noted that the move was a valuation call. Separately, analysts at Cowen and Company raised their price target on shares of Douglas Emmett from $3.00 to $27.00 in a research note on Tuesday, July 29th. Finally, analysts at Mizuho initiated coverage on shares of Douglas Emmett in a research note on Wednesday, July 23rd. They set a “buy” rating on the stock. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $28.00.

Shares of Douglas Emmett (NYSE:DEI) traded up 0.32% on Wednesday, hitting $28.37. 250,029 shares of the company’s stock traded hands. Douglas Emmett has a 1-year low of $22.27 and a 1-year high of $29.56. The stock has a 50-day moving average of $28.61 and a 200-day moving average of $27.79. The company has a market cap of $4.096 billion and a price-to-earnings ratio of 90.06.

Douglas Emmett (NYSE:DEI) last released its earnings data on Thursday, July 31st. The company reported $0.40 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.39 by $0.01. The company had revenue of $148.90 million for the quarter, compared to the consensus estimate of $151.57 million. During the same quarter last year, the company posted $0.37 earnings per share. Douglas Emmett’s revenue was up 2.3% compared to the same quarter last year. Analysts expect that Douglas Emmett will post $1.61 EPS for the current fiscal year.

Douglas Emmett, Inc is a self-administered and self-managed Real Estate Investment Trust (NYSE:DEI).

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