AQR Capital Management LLC Buys 71,703 Shares of Douglas Elliman Inc. (NYSE:DOUG)

AQR Capital Management LLC boosted its stake in shares of Douglas Elliman Inc. (NYSE:DOUG) by 250.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 100,295 shares of the company’s stock after acquiring an additional 71,703 shares during the quarter. AQR Capital Management LLC owned approximately 0.11% of Douglas Elliman worth $116,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Point72 DIFC Ltd grew its holdings in Douglas Elliman by 2,757.2% during the 2nd quarter. Point72 DIFC Ltd now owns 26,343 shares of the company’s stock worth $31,000 after acquiring an additional 25,421 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in Douglas Elliman during the 1st quarter worth about $48,000. Quadrature Capital Ltd bought a new position in shares of Douglas Elliman in the 1st quarter valued at about $90,000. Point72 Asia Singapore Pte. Ltd. boosted its stake in shares of Douglas Elliman by 96.4% in the 2nd quarter. Point72 Asia Singapore Pte. Ltd. now owns 131,224 shares of the company’s stock valued at $152,000 after purchasing an additional 64,416 shares during the last quarter. Finally, Los Angeles Capital Management LLC boosted its stake in shares of Douglas Elliman by 27.6% in the 1st quarter. Los Angeles Capital Management LLC now owns 190,550 shares of the company’s stock valued at $301,000 after purchasing an additional 41,230 shares during the last quarter. Institutional investors own 59.56% of the company’s stock.

Douglas Elliman Trading Up 0.6 %

Shares of NYSE DOUG opened at $1.55 on Friday. The firm has a market capitalization of $141.70 million, a PE ratio of -1.94 and a beta of 1.37. Douglas Elliman Inc. has a 1 year low of $1.00 and a 1 year high of $3.16. The firm’s 50-day moving average is $1.81 and its 200-day moving average is $1.50.

Douglas Elliman (NYSE:DOUG) last issued its earnings results on Wednesday, August 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.01. The company had revenue of $285.75 million for the quarter, compared to analyst estimates of $282.43 million. Douglas Elliman had a negative net margin of 6.60% and a negative return on equity of 20.11%. As a group, equities research analysts anticipate that Douglas Elliman Inc. will post -0.55 earnings per share for the current fiscal year.

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.