Natixis Advisors LLC Has $1.12 Million Holdings in Douglas Emmett, Inc. (NYSE:DEI)

Natixis Advisors LLC boosted its stake in Douglas Emmett, Inc. (NYSE:DEI) by 7.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,337 shares of the real estate investment trust’s stock after buying an additional 4,249 shares during the quarter. Natixis Advisors LLC’s holdings in Douglas Emmett were worth $1,120,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Smartleaf Asset Management LLC boosted its stake in shares of Douglas Emmett by 222.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,252 shares of the real estate investment trust’s stock valued at $79,000 after purchasing an additional 2,933 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Douglas Emmett by 19.7% during the 4th quarter. GAMMA Investing LLC now owns 4,561 shares of the real estate investment trust’s stock valued at $85,000 after purchasing an additional 750 shares during the last quarter. Raleigh Capital Management Inc. boosted its position in Douglas Emmett by 30.4% in the fourth quarter. Raleigh Capital Management Inc. now owns 5,028 shares of the real estate investment trust’s stock valued at $93,000 after buying an additional 1,172 shares in the last quarter. KBC Group NV grew its stake in Douglas Emmett by 41.1% during the fourth quarter. KBC Group NV now owns 6,926 shares of the real estate investment trust’s stock worth $129,000 after buying an additional 2,018 shares during the last quarter. Finally, Paloma Partners Management Co acquired a new stake in shares of Douglas Emmett during the third quarter worth approximately $176,000. 97.37% of the stock is currently owned by institutional investors.

Douglas Emmett Stock Down 0.3 %

Shares of NYSE:DEI opened at $16.58 on Wednesday. The company has a debt-to-equity ratio of 1.50, a current ratio of 4.32 and a quick ratio of 4.09. The stock has a market cap of $2.78 billion, a price-to-earnings ratio of 127.55 and a beta of 1.13. The company has a 50 day moving average of $16.94 and a 200-day moving average of $17.78. Douglas Emmett, Inc. has a one year low of $12.50 and a one year high of $20.50.

Douglas Emmett (NYSE:DEI) last released its earnings results on Tuesday, February 4th. The real estate investment trust reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.44. Douglas Emmett had a net margin of 2.38% and a return on equity of 0.63%. On average, sell-side analysts forecast that Douglas Emmett, Inc. will post 1.45 earnings per share for the current year.

Douglas Emmett Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $0.19 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.76 dividend on an annualized basis and a yield of 4.58%. Douglas Emmett’s dividend payout ratio is presently 584.62%.

Analyst Ratings Changes

Several brokerages have recently commented on DEI. Jefferies Financial Group initiated coverage on Douglas Emmett in a report on Monday, March 17th. They issued a “hold” rating and a $16.00 target price on the stock. StockNews.com lowered Douglas Emmett from a “hold” rating to a “sell” rating in a research note on Thursday, February 6th. Wedbush upgraded Douglas Emmett from a “neutral” rating to an “outperform” rating and raised their target price for the company from $19.00 to $21.00 in a research note on Thursday, January 2nd. Janney Montgomery Scott reaffirmed a “neutral” rating on shares of Douglas Emmett in a report on Wednesday, January 15th. Finally, Piper Sandler raised shares of Douglas Emmett from a “neutral” rating to an “overweight” rating and set a $20.00 price objective on the stock in a report on Monday, January 13th. One analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $18.50.

Douglas Emmett Profile

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.