Jane Street Group LLC Reduces Stock Position in Douglas Elliman Inc. (NYSE:DOUG)

Jane Street Group LLC reduced its position in Douglas Elliman Inc. (NYSE:DOUG - Free Report) by 47.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 325,007 shares of the company's stock after selling 299,235 shares during the quarter. Jane Street Group LLC owned approximately 0.36% of Douglas Elliman worth $595,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Point72 DIFC Ltd grew its holdings in Douglas Elliman by 2,757.2% during the 2nd quarter. Point72 DIFC Ltd now owns 26,343 shares of the company's stock valued at $31,000 after buying an additional 25,421 shares in the last quarter. Mesirow Financial Investment Management Inc. purchased a new position in Douglas Elliman during the third quarter valued at $34,000. Atria Investments Inc grew its stake in Douglas Elliman by 62.5% during the third quarter. Atria Investments Inc now owns 20,434 shares of the company's stock valued at $37,000 after acquiring an additional 7,862 shares in the last quarter. Walleye Capital LLC bought a new stake in Douglas Elliman in the 3rd quarter valued at $54,000. Finally, Venture Visionary Partners LLC purchased a new stake in Douglas Elliman in the 3rd quarter worth $62,000. 59.56% of the stock is owned by hedge funds and other institutional investors.

Douglas Elliman Price Performance

Shares of Douglas Elliman stock traded up $0.07 during trading on Friday, reaching $1.70. 503,331 shares of the stock traded hands, compared to its average volume of 641,416. Douglas Elliman Inc. has a 52-week low of $1.00 and a 52-week high of $2.98. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.62 and a quick ratio of 4.62. The business has a fifty day simple moving average of $2.02 and a two-hundred day simple moving average of $1.78. The company has a market capitalization of $151.58 million, a price-to-earnings ratio of -1.65 and a beta of 1.47.

About Douglas Elliman

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.