Traders Purchase High Volume of Call Options on Douglas Emmett (NYSE:DEI)

Douglas Emmett, Inc. (NYSE:DEI) saw unusually large options trading on Wednesday. Stock traders bought 2,500 call options on the company. This represents an increase of 389% compared to the average volume of 511 call options.

Analyst Ratings Changes

Several analysts have commented on DEI shares. JPMorgan Chase & Co. lowered their price objective on shares of Douglas Emmett from $18.00 to $16.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 25th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $11.00 price target on shares of Douglas Emmett in a report on Monday, January 5th. Piper Sandler downgraded Douglas Emmett from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $19.00 to $14.00 in a research note on Thursday, November 6th. Jefferies Financial Group reissued a “hold” rating on shares of Douglas Emmett in a report on Tuesday, November 11th. Finally, Wells Fargo & Company lowered their target price on Douglas Emmett from $20.00 to $15.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 25th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $15.00.

Institutional Trading of Douglas Emmett

A number of hedge funds and other institutional investors have recently bought and sold shares of DEI. Geode Capital Management LLC lifted its position in Douglas Emmett by 1.1% in the 2nd quarter. Geode Capital Management LLC now owns 4,362,611 shares of the real estate investment trust’s stock worth $65,620,000 after buying an additional 46,651 shares during the last quarter. Capital Fund Management S.A. bought a new position in Douglas Emmett during the second quarter valued at approximately $1,987,000. Massachusetts Financial Services Co. MA raised its stake in shares of Douglas Emmett by 18.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,684,450 shares of the real estate investment trust’s stock worth $88,507,000 after acquiring an additional 899,233 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Douglas Emmett by 93.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,311,991 shares of the real estate investment trust’s stock worth $34,772,000 after acquiring an additional 1,117,668 shares in the last quarter. Finally, QRG Capital Management Inc. boosted its stake in shares of Douglas Emmett by 40.3% in the 2nd quarter. QRG Capital Management Inc. now owns 20,992 shares of the real estate investment trust’s stock valued at $316,000 after purchasing an additional 6,030 shares in the last quarter. Institutional investors own 97.37% of the company’s stock.

Douglas Emmett Trading Up 0.7%

Shares of DEI stock opened at $10.88 on Thursday. The stock has a market capitalization of $1.82 billion, a price-to-earnings ratio of 90.63 and a beta of 1.14. The company’s fifty day simple moving average is $11.47 and its two-hundred day simple moving average is $13.72. Douglas Emmett has a 1 year low of $10.71 and a 1 year high of $18.60. The company has a debt-to-equity ratio of 1.58, a current ratio of 3.03 and a quick ratio of 3.03.

Douglas Emmett (NYSE:DEI) last posted its quarterly earnings results on Tuesday, November 4th. The real estate investment trust reported $0.34 EPS for the quarter, hitting analysts’ consensus estimates of $0.34. Douglas Emmett had a return on equity of 0.62% and a net margin of 2.22%.The firm had revenue of $250.58 million during the quarter, compared to analyst estimates of $252.73 million. During the same period last year, the company earned $0.43 earnings per share. The business’s revenue for the quarter was up .0% on a year-over-year basis. Douglas Emmett has set its FY 2025 guidance at 1.430-1.470 EPS. As a group, analysts anticipate that Douglas Emmett will post 1.45 earnings per share for the current year.

Douglas Emmett Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date was Wednesday, December 31st. Douglas Emmett’s dividend payout ratio (DPR) is 633.33%.

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.