Bessemer Group Inc. Has $5.55 Million Stock Position in Douglas Emmett, Inc. $DEI

Bessemer Group Inc. increased its stake in Douglas Emmett, Inc. (NYSE:DEI) by 38.1% during the first quarter, HoldingsChannel reports. The firm owned 589,506 shares of the real estate investment trust’s stock after acquiring an additional 162,537 shares during the period. Bessemer Group Inc.’s holdings in Douglas Emmett were worth $5,553,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Calamos Wealth Management LLC acquired a new position in shares of Douglas Emmett in the first quarter worth about $289,000. Calamos Advisors LLC acquired a new stake in shares of Douglas Emmett during the first quarter valued at approximately $289,000. Principal Financial Group Inc. raised its holdings in shares of Douglas Emmett by 2.0% during the first quarter. Principal Financial Group Inc. now owns 813,750 shares of the real estate investment trust’s stock valued at $7,666,000 after acquiring an additional 15,850 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Douglas Emmett by 164.6% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 248,860 shares of the real estate investment trust’s stock valued at $2,344,000 after acquiring an additional 154,801 shares in the last quarter. Finally, Hsbc Holdings PLC lifted its position in shares of Douglas Emmett by 19.1% in the 1st quarter. Hsbc Holdings PLC now owns 2,126,023 shares of the real estate investment trust’s stock valued at $20,100,000 after acquiring an additional 341,527 shares in the last quarter. Institutional investors and hedge funds own 97.37% of the company’s stock.

Douglas Emmett Price Performance

NYSE DEI opened at $12.12 on Tuesday. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.63 and a quick ratio of 2.63. The firm has a market capitalization of $2.03 billion, a price-to-earnings ratio of -71.32, a price-to-earnings-growth ratio of 6.51 and a beta of 1.15. The company has a 50 day simple moving average of $11.94 and a 200-day simple moving average of $10.92. Douglas Emmett, Inc. has a 52-week low of $9.04 and a 52-week high of $16.99.

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

Douglas Emmett Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 6.3%. Douglas Emmett’s dividend payout ratio (DPR) is -447.06%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on DEI. Cantor Fitzgerald lifted their price objective on shares of Douglas Emmett from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Scotiabank increased their target price on Douglas Emmett from $11.50 to $12.00 and gave the company a “sector perform” rating in a report on Thursday, May 21st. Evercore set a $14.00 target price on Douglas Emmett in a report on Monday, June 8th. Wall Street Zen raised Douglas Emmett from a “sell” rating to a “hold” rating in a research report on Saturday, June 27th. Finally, Citigroup lifted their price target on Douglas Emmett from $10.00 to $12.00 and gave the company a “neutral” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $13.00.

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.