Greenland Capital Management LP Makes New $885,000 Investment in Douglas Emmett, Inc. $DEI

Greenland Capital Management LP bought a new position in shares of Douglas Emmett, Inc. (NYSE:DEI) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 75,000 shares of the real estate investment trust’s stock, valued at approximately $885,000.

Several other hedge funds have also modified their holdings of the business. EverSource Wealth Advisors LLC boosted its stake in shares of Douglas Emmett by 220.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 1,166 shares in the last quarter. Advisory Services Network LLC purchased a new position in Douglas Emmett in the third quarter worth $32,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Douglas Emmett by 33.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,894 shares of the real estate investment trust’s stock valued at $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% in 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 acquiring an additional 2,588 shares during the period. Finally, Frazier Financial Advisors LLC boosted its position in shares of Douglas Emmett by 47.0% during the 4th quarter. Frazier Financial Advisors LLC now owns 5,456 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 1,745 shares in the last quarter. 97.37% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on DEI. Wells Fargo & Company upped their price target on shares of Douglas Emmett from $13.00 to $14.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Citigroup raised their price objective on shares of Douglas Emmett from $10.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Evercore set a $14.00 target price on shares of Douglas Emmett in a research report on Monday, June 8th. Weiss Ratings upgraded shares of Douglas Emmett from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, July 23rd. Finally, Wall Street Zen raised shares of Douglas Emmett from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Douglas Emmett has an average rating of “Hold” and an average price target of $13.71.

Douglas Emmett Stock Down 0.4%

Douglas Emmett stock opened at $11.81 on Friday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.60 and a current ratio of 2.60. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of -78.73, a price-to-earnings-growth ratio of 5.28 and a beta of 1.15. Douglas Emmett, Inc. has a fifty-two week low of $9.04 and a fifty-two week high of $16.99. The stock’s fifty day moving average is $11.96 and its two-hundred day moving average is $11.08.

Douglas Emmett (NYSE:DEI) last released its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.38). Douglas Emmett had a negative return on equity of 0.66% and a negative net margin of 2.27%.The firm had revenue of $256.55 million for the quarter, compared to analyst estimates of $253.35 million. During the same period last year, the firm earned $0.37 EPS. The company’s quarterly 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. Analysts predict that Douglas Emmett, Inc. will post 1.41 EPS for the current fiscal year.

Douglas Emmett Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.19 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.76 dividend on an annualized basis and a yield of 6.4%. Douglas Emmett’s payout ratio is presently -506.67%.

Douglas Emmett 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.