Cullen Capital Management LLC Has $749,000 Stake in Douglas Elliman Inc. (NYSE:DOUG)

Cullen Capital Management LLC lowered its holdings in shares of Douglas Elliman Inc. (NYSE:DOUG - Free Report) by 29.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 448,616 shares of the company's stock after selling 185,476 shares during the period. Cullen Capital Management LLC owned 0.50% of Douglas Elliman worth $749,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new position in shares of Douglas Elliman in the fourth quarter valued at approximately $25,000. US Bancorp DE increased its position in Douglas Elliman by 36,851.9% during the fourth quarter. US Bancorp DE now owns 19,954 shares of the company's stock worth $33,000 after acquiring an additional 19,900 shares during the period. Atria Investments Inc increased its position in Douglas Elliman by 39.6% during the fourth quarter. Atria Investments Inc now owns 28,529 shares of the company's stock worth $48,000 after acquiring an additional 8,095 shares during the period. Virtu Financial LLC bought a new stake in Douglas Elliman in the 4th quarter valued at about $51,000. Finally, Walleye Capital LLC bought a new stake in Douglas Elliman in the 3rd quarter valued at about $54,000. Institutional investors own 59.56% of the company's stock.

Douglas Elliman Stock Performance

Shares of DOUG traded down $0.04 during mid-day trading on Friday, hitting $1.55. 172,051 shares of the company's stock were exchanged, compared to its average volume of 875,949. The company has a quick ratio of 4.62, a current ratio of 4.62 and a debt-to-equity ratio of 0.20. The firm has a market cap of $137.10 million, a price-to-earnings ratio of -1.50 and a beta of 1.52. The stock's 50-day simple moving average is $1.83 and its 200-day simple moving average is $1.85. Douglas Elliman Inc. has a 52 week low of $1.00 and a 52 week high of $2.98.

Douglas Elliman (NYSE:DOUG - Get Free Report) last posted its quarterly earnings data on Tuesday, March 11th. The company reported $0.03 EPS for the quarter, topping analysts' consensus estimates of ($0.08) by $0.11. Douglas Elliman had a negative return on equity of 22.85% and a negative net margin of 8.81%. The firm had revenue of $243.32 million for the quarter.

Douglas Elliman Company Profile

Douglas Elliman Inc owns Douglas Elliman Realty, LLC, operating as a residential brokerage company in the United States with operations in New York, Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, Maryland, Virginia and Washington, DC In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology (“PropTech”) solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets.