Quadrature Capital Ltd Acquires Shares of 52,487 Douglas Emmett, Inc. (NYSE:DEI)

Quadrature Capital Ltd acquired a new stake in Douglas Emmett, Inc. (NYSE:DEI) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 52,487 shares of the real estate investment trust’s stock, valued at approximately $762,000.

Several other institutional investors also recently bought and sold shares of DEI. GAMMA Investing LLC acquired a new stake in shares of Douglas Emmett in the fourth quarter worth approximately $43,000. Frazier Financial Advisors LLC acquired a new stake in shares of Douglas Emmett in the fourth quarter worth approximately $46,000. Quarry LP acquired a new stake in shares of Douglas Emmett in the fourth quarter worth approximately $57,000. Metis Global Partners LLC acquired a new stake in shares of Douglas Emmett in the fourth quarter worth approximately $156,000. Finally, Altfest L J & Co. Inc. acquired a new stake in shares of Douglas Emmett in the fourth quarter worth approximately $183,000. 97.37% of the stock is owned by institutional investors and hedge funds.

Douglas Emmett Price Performance

NYSE:DEI opened at $13.39 on Friday. Douglas Emmett, Inc. has a 52 week low of $10.76 and a 52 week high of $16.12. The company has a quick ratio of 4.42, a current ratio of 4.42 and a debt-to-equity ratio of 1.45. The company has a market capitalization of $2.24 billion, a P/E ratio of -43.18 and a beta of 1.08. The stock’s fifty day moving average is $13.60 and its two-hundred day moving average is $13.79.

Douglas Emmett Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 16th. Shareholders of record on Friday, June 28th will be given a $0.19 dividend. The ex-dividend date is Friday, June 28th. This represents a $0.76 dividend on an annualized basis and a yield of 5.68%. Douglas Emmett’s dividend payout ratio is currently -245.16%.

Analyst Ratings Changes

DEI has been the topic of a number of research analyst reports. StockNews.com raised Douglas Emmett from a “sell” rating to a “hold” rating in a research note on Monday, May 20th. Piper Sandler lowered their price objective on Douglas Emmett from $17.00 to $15.00 and set a “neutral” rating on the stock in a research note on Friday, March 22nd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $13.67.

Insider Buying and Selling at Douglas Emmett

In other Douglas Emmett news, Director William E. Simon, Jr. bought 45,000 shares of Douglas Emmett stock in a transaction on Monday, June 10th. The shares were bought at an average price of $13.15 per share, for a total transaction of $591,750.00. Following the completion of the transaction, the director now directly owns 45,000 shares of the company’s stock, valued at $591,750. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 14.70% of the company’s stock.

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.