US Bancorp DE Grows Position in Douglas Elliman Inc. (NYSE:DOUG)

US Bancorp DE boosted its position in shares of Douglas Elliman Inc. (NYSE:DOUG) by 36,851.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,954 shares of the company’s stock after purchasing an additional 19,900 shares during the period. US Bancorp DE’s holdings in Douglas Elliman were worth $33,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. Atria Investments Inc grew its stake in Douglas Elliman by 62.5% in the 3rd quarter. Atria Investments Inc now owns 20,434 shares of the company’s stock worth $37,000 after acquiring an additional 7,862 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in Douglas Elliman by 32.6% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 589,274 shares of the company’s stock worth $1,078,000 after acquiring an additional 144,847 shares in the last quarter. Charles Schwab Investment Management Inc. bought a new position in Douglas Elliman in the 3rd quarter worth about $73,000. Dynamic Technology Lab Private Ltd bought a new position in Douglas Elliman in the 3rd quarter worth about $121,000. Finally, Whetstone Capital Advisors LLC grew its stake in Douglas Elliman by 21.0% in the 3rd quarter. Whetstone Capital Advisors LLC now owns 1,484,347 shares of the company’s stock worth $2,716,000 after acquiring an additional 258,012 shares in the last quarter. 59.56% of the stock is currently owned by institutional investors.

Douglas Elliman Price Performance

Shares of DOUG opened at $1.85 on Wednesday. The company has a 50 day moving average price of $1.83 and a 200-day moving average price of $1.86. Douglas Elliman Inc. has a fifty-two week low of $1.00 and a fifty-two week high of $2.98. The stock has a market capitalization of $164.51 million, a PE ratio of -1.79 and a beta of 1.56. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.62 and a current ratio of 4.62.

Douglas Elliman (NYSE:DOUG) last announced its quarterly earnings results on Tuesday, March 11th. The company reported $0.03 earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.11. Douglas Elliman had a negative net margin of 8.81% and a negative return on equity of 22.85%. The firm had revenue of $243.32 million during the quarter.

Douglas Elliman Company Profile

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.