First Eagle Investment Management LLC Purchases 916,210 Shares of Douglas Elliman Inc. (NYSE:DOUG)

First Eagle Investment Management LLC grew its stake in shares of Douglas Elliman Inc. (NYSE:DOUG - Free Report) by 436.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,126,312 shares of the company's stock after buying an additional 916,210 shares during the period. First Eagle Investment Management LLC owned 1.26% of Douglas Elliman worth $1,881,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Golden State Wealth Management LLC bought a new stake in Douglas Elliman in the fourth quarter worth $25,000. US Bancorp DE increased its position in Douglas Elliman by 36,851.9% in the fourth quarter. US Bancorp DE now owns 19,954 shares of the company's stock worth $33,000 after purchasing an additional 19,900 shares during the last quarter. Atria Investments Inc increased its position in Douglas Elliman by 62.5% in the third quarter. Atria Investments Inc now owns 20,434 shares of the company's stock worth $37,000 after purchasing an additional 7,862 shares during the last quarter. Walleye Capital LLC bought a new stake in Douglas Elliman in the third quarter worth $54,000. Finally, Barclays PLC boosted its stake in Douglas Elliman by 3,808,900.0% during the third quarter. Barclays PLC now owns 38,090 shares of the company's stock worth $70,000 after buying an additional 38,089 shares during the period. Institutional investors own 59.56% of the company's stock.

Douglas Elliman Trading Up 0.8 %

NYSE DOUG traded up $0.02 on Thursday, hitting $1.84. 259,531 shares of the stock were exchanged, compared to its average volume of 897,558. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.62 and a current ratio of 4.62. The stock has a fifty day moving average price of $1.83 and a two-hundred day moving average price of $1.86. The firm has a market capitalization of $163.62 million, a P/E ratio of -1.78 and a beta of 1.56. Douglas Elliman Inc. has a 52-week low of $1.00 and a 52-week high of $2.98.

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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 the consensus estimate of ($0.08) by $0.11. The company had revenue of $243.32 million during the quarter. Douglas Elliman had a negative net margin of 8.81% and a negative return on equity of 22.85%.

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.