Douglas Elliman Inc. (NYSE:DOUG) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans reduced its holdings in shares of Douglas Elliman Inc. (NYSE:DOUG) by 28.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 183,798 shares of the company’s stock after selling 74,197 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.21% of Douglas Elliman worth $307,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DOUG. Golden State Wealth Management LLC purchased a new position in shares of Douglas Elliman during the 4th quarter worth approximately $25,000. US Bancorp DE grew its holdings in Douglas Elliman by 36,851.9% during the 4th quarter. US Bancorp DE now owns 19,954 shares of the company’s stock valued at $33,000 after buying an additional 19,900 shares during the last quarter. Atria Investments Inc increased its position in Douglas Elliman by 39.6% during the fourth quarter. Atria Investments Inc now owns 28,529 shares of the company’s stock worth $48,000 after buying an additional 8,095 shares in the last quarter. Walleye Capital LLC acquired a new position in shares of Douglas Elliman in the third quarter worth $54,000. Finally, Barclays PLC raised its holdings in shares of Douglas Elliman by 3,808,900.0% in the third quarter. Barclays PLC now owns 38,090 shares of the company’s stock worth $70,000 after acquiring an additional 38,089 shares during the last quarter. Institutional investors and hedge funds own 59.56% of the company’s stock.

Douglas Elliman Stock Up 3.4 %

DOUG opened at $1.68 on Friday. The firm has a market cap of $148.64 million, a P/E ratio of -1.63 and a beta of 1.56. The business’s fifty day simple moving average is $1.84 and its 200 day simple moving average is $1.86. Douglas Elliman Inc. has a 52 week low of $1.00 and a 52 week high of $2.98. The company has a quick ratio of 4.62, a current ratio of 4.62 and a debt-to-equity ratio of 0.20.

Douglas Elliman (NYSE:DOUG) last released its earnings results on Tuesday, March 11th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.11. The company had revenue of $243.32 million for the quarter. Douglas Elliman had a negative net margin of 8.81% and a negative return on equity of 22.85%.

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.