New Age Alpha Advisors LLC Purchases Shares of 102,232 Douglas Emmett, Inc. (NYSE:DEI)

New Age Alpha Advisors LLC acquired a new position in shares of Douglas Emmett, Inc. (NYSE:DEI - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 102,232 shares of the real estate investment trust's stock, valued at approximately $1,897,000. New Age Alpha Advisors LLC owned approximately 0.06% of Douglas Emmett as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Smartleaf Asset Management LLC grew its holdings in Douglas Emmett by 222.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,252 shares of the real estate investment trust's stock worth $79,000 after buying an additional 2,933 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Douglas Emmett by 19.7% in the fourth quarter. GAMMA Investing LLC now owns 4,561 shares of the real estate investment trust's stock valued at $85,000 after buying an additional 750 shares during the period. Raleigh Capital Management Inc. lifted its holdings in Douglas Emmett by 30.4% during the fourth quarter. Raleigh Capital Management Inc. now owns 5,028 shares of the real estate investment trust's stock valued at $93,000 after purchasing an additional 1,172 shares during the last quarter. KBC Group NV lifted its stake in shares of Douglas Emmett by 41.1% during the 4th quarter. KBC Group NV now owns 6,926 shares of the real estate investment trust's stock valued at $129,000 after buying an additional 2,018 shares in the last quarter. Finally, Quantbot Technologies LP boosted its holdings in shares of Douglas Emmett by 89.6% in the fourth quarter. Quantbot Technologies LP now owns 9,429 shares of the real estate investment trust's stock worth $175,000 after acquiring an additional 4,455 shares during the period. 97.37% of the stock is owned by hedge funds and other institutional investors.

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Analyst Ratings Changes

A number of research firms have recently commented on DEI. Wedbush upgraded shares of Douglas Emmett from a "neutral" rating to an "outperform" rating and boosted their price target for the company from $19.00 to $21.00 in a research report on Thursday, January 2nd. Piper Sandler upgraded shares of Douglas Emmett from a "neutral" rating to an "overweight" rating and set a $20.00 price objective on the stock in a research report on Monday, January 13th. Jefferies Financial Group started coverage on shares of Douglas Emmett in a report on Monday, March 17th. They set a "hold" rating and a $16.00 price objective for the company. StockNews.com cut Douglas Emmett from a "hold" rating to a "sell" rating in a research note on Thursday, February 6th. Finally, Janney Montgomery Scott reaffirmed a "neutral" rating on shares of Douglas Emmett in a research note on Wednesday, January 15th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Douglas Emmett currently has an average rating of "Hold" and an average price target of $18.50.

Douglas Emmett Trading Up 0.6 %

Shares of NYSE:DEI traded up $0.09 on Wednesday, reaching $16.31. 1,020,819 shares of the company traded hands, compared to its average volume of 1,658,273. The stock has a market capitalization of $2.73 billion, a P/E ratio of 125.47 and a beta of 1.13. The business's 50-day simple moving average is $16.82 and its 200 day simple moving average is $17.79. The company has a current ratio of 4.32, a quick ratio of 4.09 and a debt-to-equity ratio of 1.50. Douglas Emmett, Inc. has a 52 week low of $12.50 and a 52 week high of $20.50.

Douglas Emmett (NYSE:DEI - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.44. Douglas Emmett had a return on equity of 0.63% and a net margin of 2.38%. As a group, equities analysts anticipate that Douglas Emmett, Inc. will post 1.45 EPS for the current fiscal year.

Douglas Emmett Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a dividend of $0.19 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.76 dividend on an annualized basis and a yield of 4.66%. Douglas Emmett's dividend payout ratio is currently 584.62%.

Douglas Emmett Company Profile

Douglas Emmett, Inc (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.