Douglas Emmett (NYSE:DEI) Raised to “Hold” at Wall Street Zen

Douglas Emmett (NYSE:DEI) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday.

Other equities analysts have also issued reports about the stock. Weiss Ratings raised shares of Douglas Emmett from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, July 23rd. Citigroup increased their price target on shares of Douglas Emmett from $10.00 to $12.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Scotiabank raised their price target on shares of Douglas Emmett from $12.00 to $13.00 and gave the company a “sector perform” rating in a research report on Tuesday, July 21st. Piper Sandler lifted their price objective on shares of Douglas Emmett from $11.00 to $14.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Finally, Wells Fargo & Company upped their price objective on shares of Douglas Emmett from $13.00 to $14.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $13.71.

Douglas Emmett Stock Down 0.1%

Shares of DEI opened at $11.67 on Friday. The company has a market capitalization of $1.96 billion, a price-to-earnings ratio of -77.81, a PEG ratio of 5.23 and a beta of 1.15. Douglas Emmett has a 52 week low of $9.04 and a 52 week high of $16.99. The stock’s 50-day moving average price is $12.03 and its 200-day moving average price is $11.04. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 1.63.

Douglas Emmett (NYSE:DEI) last announced its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.38). Douglas Emmett had a negative net margin of 2.27% and a negative return on equity of 0.66%. The company had revenue of $256.55 million for the quarter, compared to analysts’ expectations of $253.35 million. During the same quarter in the prior year, the business posted $0.37 earnings per share. The firm’s revenue was up 2.0% compared to the same quarter last year. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. On average, sell-side analysts predict that Douglas Emmett will post 1.41 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC grew its stake in Douglas Emmett by 220.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 1,166 shares during the period. Advisory Services Network LLC acquired a new position in Douglas Emmett during the third quarter worth $32,000. Mirae Asset Global Investments Co. Ltd. raised its position in Douglas Emmett by 33.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,894 shares of the real estate investment trust’s stock worth $54,000 after acquiring an additional 1,226 shares during the period. Hantz Financial Services Inc. lifted its holdings in Douglas Emmett by 98.7% during the fourth quarter. Hantz Financial Services Inc. now owns 5,209 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 2,588 shares in the last quarter. Finally, Frazier Financial Advisors LLC lifted its holdings in Douglas Emmett by 47.0% during the fourth quarter. Frazier Financial Advisors LLC now owns 5,456 shares of the real estate investment trust’s stock valued at $60,000 after purchasing an additional 1,745 shares in the last quarter. Hedge funds and other institutional investors own 97.37% of the company’s stock.

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.