Squarepoint Ops LLC Has $1.59 Million Stock Holdings in Douglas Emmett, Inc. (NYSE:DEI)

Squarepoint Ops LLC boosted its position in Douglas Emmett, Inc. (NYSE:DEI - Free Report) by 91.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 119,762 shares of the real estate investment trust's stock after buying an additional 57,306 shares during the quarter. Squarepoint Ops LLC owned approximately 0.07% of Douglas Emmett worth $1,594,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Wolverine Asset Management LLC bought a new stake in shares of Douglas Emmett in the second quarter valued at about $32,000. Quarry LP bought a new stake in shares of Douglas Emmett in the 4th quarter worth approximately $57,000. Aspire Private Capital LLC grew its holdings in shares of Douglas Emmett by 20.0% during the 2nd quarter. Aspire Private Capital LLC now owns 9,537 shares of the real estate investment trust's stock worth $127,000 after purchasing an additional 1,592 shares in the last quarter. Xponance Inc. bought a new stake in shares of Douglas Emmett during the second quarter valued at approximately $137,000. Finally, Choreo LLC acquired a new position in shares of Douglas Emmett in the second quarter valued at $147,000. Institutional investors own 97.37% of the company's stock.

Douglas Emmett Price Performance

Shares of NYSE:DEI traded up $0.45 during trading on Friday, reaching $17.94. The stock had a trading volume of 2,360,774 shares, compared to its average volume of 1,680,163. The stock has a market capitalization of $3.00 billion, a PE ratio of -57.87 and a beta of 1.11. The company has a debt-to-equity ratio of 1.47, a current ratio of 5.11 and a quick ratio of 5.11. Douglas Emmett, Inc. has a 52 week low of $10.76 and a 52 week high of $17.94. The business's 50-day moving average price is $16.08 and its 200 day moving average price is $14.54.

Douglas Emmett (NYSE:DEI - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The real estate investment trust reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.37). The business had revenue of $245.80 million during the quarter, compared to the consensus estimate of $246.62 million. Douglas Emmett had a negative net margin of 3.55% and a negative return on equity of 0.88%. The company's revenue for the quarter was down 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.48 EPS. As a group, equities analysts predict that Douglas Emmett, Inc. will post 1.67 earnings per share for the current year.

Douglas Emmett Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 16th. Shareholders of record on Monday, September 30th will be given a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 4.24%. The ex-dividend date is Monday, September 30th. Douglas Emmett's payout ratio is presently -245.16%.

Wall Street Analysts Forecast Growth

DEI has been the topic of several analyst reports. Scotiabank boosted their price target on shares of Douglas Emmett from $14.00 to $16.00 and gave the company a "sector perform" rating in a report on Monday, August 26th. Evercore ISI upped their target price on shares of Douglas Emmett from $15.00 to $16.00 and gave the company an "in-line" rating in a research note on Wednesday, August 28th. Wells Fargo & Company raised their price target on shares of Douglas Emmett from $15.00 to $17.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 11th. JPMorgan Chase & Co. upped their price objective on Douglas Emmett from $15.00 to $18.00 and gave the company a "neutral" rating in a research note on Monday, September 9th. Finally, Citigroup raised their target price on Douglas Emmett from $14.00 to $16.00 and gave the stock a "neutral" rating in a research report on Thursday, September 12th. Seven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, Douglas Emmett has a consensus rating of "Hold" and an average price target of $16.29.

About Douglas Emmett

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.