Schroder Investment Management Group Decreases Stake in Douglas Emmett, Inc. (NYSE:DEI)

Schroder Investment Management Group reduced its position in shares of Douglas Emmett, Inc. (NYSE:DEI - Free Report) by 17.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,042,517 shares of the real estate investment trust's stock after selling 215,951 shares during the quarter. Schroder Investment Management Group owned approximately 0.62% of Douglas Emmett worth $19,109,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC raised its stake in shares of 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 valued at $79,000 after acquiring an additional 2,933 shares during the last quarter. GAMMA Investing LLC increased its holdings in Douglas Emmett by 19.7% during the 4th quarter. GAMMA Investing LLC now owns 4,561 shares of the real estate investment trust's stock valued at $85,000 after purchasing an additional 750 shares during the period. Raleigh Capital Management Inc. raised its position in Douglas Emmett by 30.4% during the 4th 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 holdings in Douglas Emmett by 41.1% in the 4th quarter. KBC Group NV now owns 6,926 shares of the real estate investment trust's stock worth $129,000 after buying an additional 2,018 shares during the period. Finally, Quantbot Technologies LP grew its position in shares of Douglas Emmett by 89.6% in the 4th quarter. Quantbot Technologies LP now owns 9,429 shares of the real estate investment trust's stock worth $175,000 after buying an additional 4,455 shares during the last quarter. Hedge funds and other institutional investors own 97.37% of the company's stock.

Analyst Ratings Changes

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

Douglas Emmett Stock Down 3.2 %

Shares of Douglas Emmett stock traded down $0.45 during midday trading on Monday, hitting $13.82. The company had a trading volume of 3,401,149 shares, compared to its average volume of 1,678,705. Douglas Emmett, Inc. has a 52-week low of $12.50 and a 52-week high of $20.50. The company has a debt-to-equity ratio of 1.50, a quick ratio of 4.09 and a current ratio of 4.32. The stock has a market capitalization of $2.31 billion, a P/E ratio of 106.31 and a beta of 1.09. The company has a 50 day moving average of $16.61 and a 200 day moving average of $17.72.

Douglas Emmett (NYSE:DEI - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The real estate investment trust reported $0.38 earnings per share for the quarter, beating 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%. On average, equities analysts predict that Douglas Emmett, Inc. will post 1.45 earnings per share for the current fiscal year.

Douglas Emmett Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.19 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.76 annualized dividend and a dividend yield of 5.50%. Douglas Emmett's dividend payout ratio is presently 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.