Hsbc Holdings PLC Acquires 382,249 Shares of Douglas Emmett, Inc. $DEI

Hsbc Holdings PLC grew its holdings in shares of Douglas Emmett, Inc. (NYSE:DEI) by 27.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,784,496 shares of the real estate investment trust’s stock after purchasing an additional 382,249 shares during the period. Hsbc Holdings PLC owned approximately 1.07% of Douglas Emmett worth $19,642,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Rockefeller Capital Management L.P. raised its stake in Douglas Emmett by 47.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 216,118 shares of the real estate investment trust’s stock valued at $2,375,000 after buying an additional 69,525 shares during the last quarter. Corient Private Wealth LLC bought a new position in shares of Douglas Emmett during the fourth quarter valued at $144,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of Douglas Emmett by 470.1% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 7,502 shares of the real estate investment trust’s stock valued at $82,000 after acquiring an additional 6,186 shares in the last quarter. Alpine Global Management LLC purchased a new position in shares of Douglas Emmett in the 4th quarter worth about $177,000. Finally, Invesco Ltd. raised its position in shares of Douglas Emmett by 128.5% in the 4th quarter. Invesco Ltd. now owns 1,071,728 shares of the real estate investment trust’s stock worth $11,778,000 after purchasing an additional 602,687 shares during the last quarter. 97.37% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on DEI. Wall Street Zen raised shares of Douglas Emmett from a “sell” rating to a “hold” rating in a report on Saturday, June 27th. Weiss Ratings cut shares of Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 4th. Citigroup raised their price target on shares of Douglas Emmett from $10.00 to $12.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Evercore set a $14.00 price objective on shares of Douglas Emmett in a report on Monday, June 8th. Finally, Scotiabank upped their price objective on Douglas Emmett from $11.50 to $12.00 and gave the company a “sector perform” rating in a research report on Thursday, May 21st. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Douglas Emmett has a consensus rating of “Hold” and a consensus price target of $13.50.

Douglas Emmett Stock Down 2.7%

Shares of Douglas Emmett stock opened at $12.22 on Wednesday. Douglas Emmett, Inc. has a twelve month low of $9.04 and a twelve month high of $16.99. 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 company’s 50 day moving average is $11.81 and its 200 day moving average is $10.85. The company has a market cap of $2.05 billion, a price-to-earnings ratio of -71.91, a price-to-earnings-growth ratio of 6.54 and a beta of 1.15.

Douglas Emmett (NYSE:DEI) last posted 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 net margin of 2.59% and a negative return on equity of 0.74%. The business had revenue of $250.96 million during the quarter, compared to the consensus estimate of $251.11 million. During the same quarter in the previous year, the firm posted $0.40 EPS. The firm’s 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 anticipate that Douglas Emmett, Inc. will post 1.41 EPS for the current year.

Douglas Emmett Dividend Announcement

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

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.