Douglas Elliman Inc. (NYSE:DOUG) Shares Bought by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. raised its stake in Douglas Elliman Inc. (NYSE:DOUG) by 32.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 589,274 shares of the company’s stock after acquiring an additional 144,847 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.64% of Douglas Elliman worth $1,078,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Clearline Capital LP lifted its holdings in Douglas Elliman by 328.0% in the second quarter. Clearline Capital LP now owns 4,346,104 shares of the company’s stock valued at $5,041,000 after acquiring an additional 3,330,701 shares during the period. Vanguard Group Inc. raised its stake in shares of Douglas Elliman by 5.8% during the 1st quarter. Vanguard Group Inc. now owns 3,789,014 shares of the company’s stock worth $5,987,000 after buying an additional 209,393 shares during the period. GSA Capital Partners LLP raised its stake in shares of Douglas Elliman by 3.1% during the 3rd quarter. GSA Capital Partners LLP now owns 771,159 shares of the company’s stock worth $1,411,000 after buying an additional 22,868 shares during the period. XTX Topco Ltd raised its stake in shares of Douglas Elliman by 125.1% during the 2nd quarter. XTX Topco Ltd now owns 354,121 shares of the company’s stock worth $411,000 after buying an additional 196,801 shares during the period. Finally, Clifford Capital Partners LLC raised its stake in shares of Douglas Elliman by 19.8% during the 2nd quarter. Clifford Capital Partners LLC now owns 349,651 shares of the company’s stock worth $406,000 after buying an additional 57,770 shares during the period. 59.56% of the stock is owned by institutional investors and hedge funds.

Douglas Elliman Trading Down 11.4 %

Shares of DOUG stock opened at $2.38 on Thursday. 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 company has a market cap of $211.78 million, a price-to-earnings ratio of -2.31 and a beta of 1.34. The stock has a 50 day simple moving average of $1.90 and a 200-day simple moving average of $1.63. Douglas Elliman Inc. has a 1-year low of $1.00 and a 1-year high of $3.16.

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.