Douglas Elliman Inc. (NYSE:DOUG) Shares Acquired by Barclays PLC

Barclays PLC boosted its position in Douglas Elliman Inc. (NYSE:DOUG) by 133.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,952 shares of the company’s stock after purchasing an additional 50,862 shares during the period. Barclays PLC owned about 0.10% of Douglas Elliman worth $149,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of DOUG. Golden State Wealth Management LLC purchased a new stake in Douglas Elliman in the 4th quarter valued at about $25,000. US Bancorp DE increased its stake in shares of Douglas Elliman by 36,851.9% in the fourth quarter. US Bancorp DE now owns 19,954 shares of the company’s stock worth $33,000 after buying an additional 19,900 shares during the last quarter. Atria Investments Inc grew its position in shares of Douglas Elliman by 39.6% in the 4th quarter. Atria Investments Inc now owns 28,529 shares of the company’s stock worth $48,000 after acquiring an additional 8,095 shares in the last quarter. Virtu Financial LLC acquired a new position in Douglas Elliman in the fourth quarter valued at approximately $51,000. Finally, JPMorgan Chase & Co. boosted its position in Douglas Elliman by 79.1% during the 4th quarter. JPMorgan Chase & Co. now owns 38,560 shares of the company’s stock valued at $64,000 after purchasing an additional 17,027 shares during the period. Hedge funds and other institutional investors own 59.56% of the company’s stock.

Douglas Elliman Trading Up 8.2%

Shares of NYSE:DOUG opened at $2.05 on Wednesday. Douglas Elliman Inc. has a fifty-two week low of $1.00 and a fifty-two week high of $2.98. The company has a market cap of $181.47 million, a PE ratio of -1.99 and a beta of 1.52. The company’s 50-day moving average price is $1.72 and its 200 day moving average price is $1.86. 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 Thursday, May 1st. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.05). Douglas Elliman had a negative net margin of 8.81% and a negative return on equity of 22.85%. The business had revenue of $253.40 million for the quarter, compared to analyst estimates of $223.19 million.

Insider Buying and Selling at Douglas Elliman

In related news, Director Patrick J. Bartels, Jr. acquired 58,104 shares of the stock in a transaction dated Monday, May 12th. The shares were acquired at an average price of $1.92 per share, with a total value of $111,559.68. Following the acquisition, the director now owns 193,975 shares in the company, valued at approximately $372,432. The trade was a 42.76% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 12.62% of the company’s stock.

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.