Rockefeller Capital Management L.P. Acquires 69,525 Shares of Douglas Emmett, Inc. $DEI

Rockefeller Capital Management L.P. lifted its holdings in shares of Douglas Emmett, Inc. (NYSE:DEIFree Report) by 47.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 216,118 shares of the real estate investment trust’s stock after buying an additional 69,525 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.13% of Douglas Emmett worth $2,375,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of DEI. Royal Bank of Canada lifted its stake in Douglas Emmett by 43.4% during the 1st quarter. Royal Bank of Canada now owns 29,746 shares of the real estate investment trust’s stock valued at $476,000 after acquiring an additional 9,007 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Douglas Emmett by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 96,105 shares of the real estate investment trust’s stock worth $1,538,000 after acquiring an additional 4,186 shares during the period. Empowered Funds LLC raised its holdings in shares of Douglas Emmett by 8.4% during the first quarter. Empowered Funds LLC now owns 24,086 shares of the real estate investment trust’s stock valued at $385,000 after purchasing an additional 1,864 shares during the last quarter. Intech Investment Management LLC raised its holdings in shares of Douglas Emmett by 33.4% during the first quarter. Intech Investment Management LLC now owns 83,994 shares of the real estate investment trust’s stock valued at $1,344,000 after purchasing an additional 21,035 shares during the last quarter. Finally, Creative Planning lifted its position in Douglas Emmett by 6.7% during the second quarter. Creative Planning now owns 21,024 shares of the real estate investment trust’s stock valued at $316,000 after purchasing an additional 1,317 shares during the period. 97.37% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on DEI. Citigroup lifted their target price on shares of Douglas Emmett from $10.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Cantor Fitzgerald increased their price target on Douglas Emmett from $11.00 to $12.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Scotiabank raised their price target on Douglas Emmett from $11.50 to $12.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 21st. Weiss Ratings cut Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. Finally, Wall Street Zen upgraded Douglas Emmett from a “sell” rating to a “hold” rating in a research report on Saturday. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $13.50.

Check Out Our Latest Stock Report on Douglas Emmett

Douglas Emmett Price Performance

Shares of Douglas Emmett stock opened at $11.87 on Tuesday. Douglas Emmett, Inc. has a one year low of $9.04 and a one year high of $16.99. The stock’s fifty day moving average is $11.61 and its 200 day moving average is $10.82. The stock has a market cap of $1.99 billion, a P/E ratio of -69.79, a P/E/G ratio of 6.21 and a beta of 1.16. The company has a debt-to-equity ratio of 1.62, a quick ratio of 2.63 and a current ratio of 2.63.

Douglas Emmett (NYSE:DEIGet Free Report) last released its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.01. The company had revenue of $250.96 million for the quarter, compared to the consensus estimate of $251.11 million. Douglas Emmett had a negative return on equity of 0.74% and a negative net margin of 2.59%.Douglas Emmett’s quarterly revenue was down .4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.40 earnings per share. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. Sell-side analysts anticipate that Douglas Emmett, Inc. will post 1.41 earnings per share for the current year.

Douglas Emmett Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid 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 dividend yield of 6.4%. Douglas Emmett’s payout ratio is -447.06%.

Douglas Emmett Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Douglas Emmett (NYSE:DEI)

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