Charles Schwab Investment Management Inc. Buys Shares of 40,000 Douglas Elliman Inc. (NYSE:DOUG)

Charles Schwab Investment Management Inc. purchased a new position in shares of Douglas Elliman Inc. (NYSE:DOUG) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 40,000 shares of the company’s stock, valued at approximately $73,000.

Several other hedge funds also recently made changes to their positions in the business. Point72 DIFC Ltd increased its position in shares of Douglas Elliman by 2,757.2% in the second quarter. Point72 DIFC Ltd now owns 26,343 shares of the company’s stock valued at $31,000 after acquiring an additional 25,421 shares during the last quarter. Mesirow Financial Investment Management Inc. bought a new position in Douglas Elliman in the third quarter valued at approximately $34,000. Atria Investments Inc increased its position in shares of Douglas Elliman by 62.5% during the 3rd quarter. Atria Investments Inc now owns 20,434 shares of the company’s stock worth $37,000 after purchasing an additional 7,862 shares during the last quarter. Venture Visionary Partners LLC bought a new stake in shares of Douglas Elliman during the 3rd quarter worth approximately $62,000. Finally, Stanley Laman Group Ltd. acquired a new stake in shares of Douglas Elliman in the 3rd quarter valued at approximately $101,000. 59.56% of the stock is owned by institutional investors.

Douglas Elliman Price Performance

Shares of DOUG opened at $1.65 on Friday. The company has a current ratio of 4.62, a quick ratio of 4.62 and a debt-to-equity ratio of 0.20. The company’s fifty day simple moving average is $2.02 and its 200 day simple moving average is $1.73. Douglas Elliman Inc. has a 1-year low of $1.00 and a 1-year high of $3.16. The company has a market cap of $147.13 million, a price-to-earnings ratio of -1.60 and a beta of 1.47.

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.