Diversified Investment Strategies LLC Buys 307,657 Shares of Douglas Elliman Inc. (NYSE:DOUG)

Diversified Investment Strategies LLC raised its position in Douglas Elliman Inc. (NYSE:DOUG - Free Report) by 59.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 824,765 shares of the company's stock after purchasing an additional 307,657 shares during the period. Douglas Elliman accounts for approximately 0.9% of Diversified Investment Strategies LLC's portfolio, making the stock its 23rd largest position. Diversified Investment Strategies LLC owned 0.92% of Douglas Elliman worth $1,377,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Portolan Capital Management LLC bought a new stake in Douglas Elliman in the third quarter worth approximately $5,327,000. Whetstone Capital Advisors LLC increased its stake in shares of Douglas Elliman by 21.0% in the 3rd quarter. Whetstone Capital Advisors LLC now owns 1,484,347 shares of the company's stock valued at $2,716,000 after acquiring an additional 258,012 shares in the last quarter. GSA Capital Partners LLP lifted its position in shares of Douglas Elliman by 3.1% during the 3rd quarter. GSA Capital Partners LLP now owns 771,159 shares of the company's stock valued at $1,411,000 after acquiring an additional 22,868 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Douglas Elliman by 32.6% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 589,274 shares of the company's stock valued at $1,078,000 after acquiring an additional 144,847 shares during the period. Finally, Clifford Capital Partners LLC boosted its stake in Douglas Elliman by 19.8% during the second quarter. Clifford Capital Partners LLC now owns 349,651 shares of the company's stock worth $406,000 after acquiring an additional 57,770 shares in the last quarter. 59.56% of the stock is owned by institutional investors.

Douglas Elliman Stock Up 0.9 %

DOUG traded up $0.02 during midday trading on Friday, hitting $1.78. The company had a trading volume of 597,080 shares, compared to its average volume of 678,931. The stock's 50 day moving average price is $1.88 and its 200 day moving average price is $1.84. Douglas Elliman Inc. has a 52 week low of $1.00 and a 52 week high of $2.98. The company has a market capitalization of $158.37 million, a price-to-earnings ratio of -1.72 and a beta of 1.57. The company has a quick ratio of 4.62, a current ratio of 4.62 and a debt-to-equity ratio of 0.20.

Douglas Elliman (NYSE:DOUG - Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.04). Douglas Elliman had a negative net margin of 8.81% and a negative return on equity of 22.85%. The firm had revenue of $266.32 million during the quarter, compared to the consensus estimate of $239.19 million. During the same period in the previous year, the firm earned ($0.06) earnings per share.

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.