Fiduciary Family Office LLC Has $441,000 Holdings in Douglas Emmett, Inc. (NYSE:DEI)

Fiduciary Family Office LLC boosted its holdings in shares of Douglas Emmett, Inc. (NYSE:DEI) by 71.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,827 shares of the real estate investment trust’s stock after buying an additional 13,225 shares during the quarter. Fiduciary Family Office LLC’s holdings in Douglas Emmett were worth $441,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Douglas Emmett by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 26,187,297 shares of the real estate investment trust’s stock valued at $379,716,000 after acquiring an additional 229,301 shares during the last quarter. Wellington Management Group LLP raised its position in shares of Douglas Emmett by 1.7% in the fourth quarter. Wellington Management Group LLP now owns 9,358,733 shares of the real estate investment trust’s stock valued at $135,702,000 after purchasing an additional 156,761 shares during the period. First Pacific Advisors LP lifted its stake in shares of Douglas Emmett by 10.5% in the fourth quarter. First Pacific Advisors LP now owns 5,546,488 shares of the real estate investment trust’s stock worth $80,424,000 after buying an additional 527,036 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Douglas Emmett by 5.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,446,670 shares of the real estate investment trust’s stock worth $49,977,000 after buying an additional 164,754 shares during the period. Finally, Hsbc Holdings PLC boosted its holdings in shares of Douglas Emmett by 8.0% during the 4th quarter. Hsbc Holdings PLC now owns 3,375,431 shares of the real estate investment trust’s stock worth $49,403,000 after buying an additional 249,482 shares during the period. 97.37% of the stock is currently owned by institutional investors.

Douglas Emmett Stock Performance

Shares of NYSE DEI traded up $0.07 during trading hours on Monday, reaching $14.71. The stock had a trading volume of 1,215,658 shares, compared to its average volume of 1,669,467. The company has a market cap of $2.46 billion, a price-to-earnings ratio of -47.48 and a beta of 1.09. Douglas Emmett, Inc. has a twelve month low of $10.76 and a twelve month high of $16.12. The business’s fifty day moving average is $13.65 and its two-hundred day moving average is $13.65. The company has a debt-to-equity ratio of 1.45, a current ratio of 4.42 and a quick ratio of 4.42.

Douglas Emmett Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 16th. Stockholders of record on Friday, June 28th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.17%. The ex-dividend date is Friday, June 28th. Douglas Emmett’s payout ratio is -245.16%.

Insider Activity

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on DEI shares. Piper Sandler dropped 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. StockNews.com upgraded Douglas Emmett from a “sell” rating to a “hold” rating in a report on Monday, May 20th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, Douglas Emmett presently has a consensus rating of “Hold” and a consensus price target of $13.67.

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.