Douglas Emmett, Inc. $DEI Shares Sold by Allianz Asset Management GmbH

Allianz Asset Management GmbH trimmed its stake in Douglas Emmett, Inc. (NYSE:DEI) by 21.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 333,482 shares of the real estate investment trust’s stock after selling 92,274 shares during the quarter. Allianz Asset Management GmbH owned approximately 0.20% of Douglas Emmett worth $5,192,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. AlphaQuest LLC lifted its holdings in Douglas Emmett by 28.2% in the 3rd quarter. AlphaQuest LLC now owns 20,787 shares of the real estate investment trust’s stock valued at $324,000 after purchasing an additional 4,572 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in shares of Douglas Emmett by 2.5% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 33,786 shares of the real estate investment trust’s stock valued at $526,000 after buying an additional 815 shares during the period. Resona Asset Management Co. Ltd. boosted its position in Douglas Emmett by 9.3% during the third quarter. Resona Asset Management Co. Ltd. now owns 73,816 shares of the real estate investment trust’s stock worth $1,149,000 after acquiring an additional 6,304 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its stake in Douglas Emmett by 13.4% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 29,161 shares of the real estate investment trust’s stock worth $454,000 after acquiring an additional 3,443 shares during the period. Finally, Amalgamated Bank raised its holdings in Douglas Emmett by 1.8% in the 3rd quarter. Amalgamated Bank now owns 48,465 shares of the real estate investment trust’s stock valued at $755,000 after acquiring an additional 874 shares during the last quarter. Institutional investors and hedge funds own 97.37% of the company’s stock.

Douglas Emmett Price Performance

DEI stock opened at $10.63 on Wednesday. The firm has a market cap of $1.78 billion, a P/E ratio of 88.57 and a beta of 1.14. The company has a debt-to-equity ratio of 1.58, a quick ratio of 3.03 and a current ratio of 3.03. Douglas Emmett, Inc. has a 1 year low of $10.21 and a 1 year high of $17.47. The stock has a 50-day simple moving average of $11.10 and a 200-day simple moving average of $13.20.

Douglas Emmett (NYSE:DEI) last released its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $0.35 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.35. Douglas Emmett had a return on equity of 0.62% and a net margin of 2.22%.The firm had revenue of $249.43 million during the quarter, compared to analysts’ expectations of $252.91 million. During the same quarter in the prior year, the business earned $0.38 EPS. Douglas Emmett’s quarterly revenue was up 1.8% compared to the same quarter last year. Douglas Emmett has set its FY 2026 guidance at 1.390-1.450 EPS. On average, equities analysts predict that Douglas Emmett, Inc. will post 1.45 earnings per share for the current fiscal year.

Douglas Emmett Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a dividend of $0.19 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.76 annualized dividend and a yield of 7.2%. Douglas Emmett’s payout ratio is 633.33%.

Analyst Ratings Changes

DEI has been the topic of several analyst reports. Cantor Fitzgerald restated a “neutral” rating and set a $11.00 price objective on shares of Douglas Emmett in a report on Monday, January 5th. Piper Sandler lowered Douglas Emmett from an “overweight” rating to a “neutral” rating and decreased their price target for the stock from $19.00 to $14.00 in a research note on Thursday, November 6th. UBS Group downgraded shares of Douglas Emmett to a “sector perform” rating in a research note on Wednesday, January 14th. JPMorgan Chase & Co. lowered their target price on shares of Douglas Emmett from $18.00 to $16.00 and set a “neutral” rating for the company in a report on Tuesday, November 25th. Finally, Scotiabank cut their price target on shares of Douglas Emmett from $18.00 to $16.00 and set a “sector outperform” rating on the stock in a research note on Monday, November 17th. Two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $15.00.

Douglas Emmett Company Profile

Douglas Emmett, Inc is a publicly traded real estate investment trust headquartered in Santa Monica, California. The company specializes in the ownership, management and development of high‐quality office and multifamily properties, primarily concentrated in the coastal regions of Los Angeles County and the Greater Honolulu area. As a vertically integrated real estate platform, Douglas Emmett controls all aspects of property operations, leasing, capital improvements and tenant relations, positioning it to deliver stable, long‐term cash flows.

The company’s office portfolio consists predominantly of Class A buildings located in prime business districts, featuring modern amenities, campus-like settings and environmentally conscious design elements.