Jacobs Levy Equity Management Inc. lessened its position in shares of Douglas Elliman Inc. (NYSE:DOUG - Free Report) by 54.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 401,381 shares of the company's stock after selling 489,544 shares during the quarter. Jacobs Levy Equity Management Inc. owned about 0.45% of Douglas Elliman worth $735,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of DOUG. Clearline Capital LP raised its holdings in shares of Douglas Elliman by 328.0% in the second quarter. Clearline Capital LP now owns 4,346,104 shares of the company's stock worth $5,041,000 after buying an additional 3,330,701 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Douglas Elliman by 5.8% in the first quarter. Vanguard Group Inc. now owns 3,789,014 shares of the company's stock worth $5,987,000 after buying an additional 209,393 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Douglas Elliman by 250.8% in the second quarter. AQR Capital Management LLC now owns 100,295 shares of the company's stock worth $116,000 after buying an additional 71,703 shares during the last quarter. Point72 DIFC Ltd raised its holdings in shares of Douglas Elliman by 2,757.2% in the second quarter. Point72 DIFC Ltd now owns 26,343 shares of the company's stock worth $31,000 after buying an additional 25,421 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. increased its stake in shares of Douglas Elliman by 96.4% in the second quarter. Point72 Asia Singapore Pte. Ltd. now owns 131,224 shares of the company's stock worth $152,000 after acquiring an additional 64,416 shares during the period. Institutional investors own 59.56% of the company's stock.
Douglas Elliman Stock Performance
Shares of NYSE:DOUG traded down $0.06 during midday trading on Tuesday, reaching $2.03. The company's stock had a trading volume of 1,064,140 shares, compared to its average volume of 924,184. The firm has a market capitalization of $181.01 million, a PE ratio of -2.03 and a beta of 1.47. Douglas Elliman Inc. has a twelve month low of $1.00 and a twelve month high of $3.16. The stock has a fifty day moving average of $1.98 and a 200 day moving average of $1.69. The company has a quick ratio of 4.62, a current ratio of 4.62 and a debt-to-equity ratio of 0.20.
About Douglas Elliman
(
Free Report)
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.
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