Douglas Emmett Inc. (DEI)

Natixis Advisors L.P. Buys 3,658 Shares of Douglas Emmett, Inc. (NYSE:DEI)

Natixis Advisors L.P. grew its position in Douglas Emmett, Inc. (NYSE:DEI – Free Report) by 16.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 25,323 shares of the real estate investment trust’s stock after acquiring an additional 3,658 shares during the period. Natixis Advisors L.P.’s holdings in Douglas Emmett were worth $367,000 as of its most recent filing with the SEC. Several other hedge funds also recently modified their holdings of DEI. Wellington Management Group LLP raised its stake in shares of Douglas Emmett by 26.8% during the third quarter. Wellington Management Group LLP now owns 9,201,972 shares of the real estate investment trust’s stock valued at $117,417,000 after acquiring an additional 1,947,720 shares during the last quarter. Rush Island Management LP raised its position in Douglas Emmett by 271.4% during the 3rd quarter. Rush Island Management LP now owns 4,152,516 shares of the real estate investment trust’s stock worth $52,986,000 after purchasing an additional 3,034,375 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Douglas Emmett by 2.8% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,770,609 shares of the real estate investment trust’s stock worth $35,353,000 after buying an additional 75,025 shares during the period. Lasalle Investment Management Securities LLC bought a new stake in shares of Douglas Emmett in the 3rd quarter valued at about $13,648,000. Finally, Callodine Capital Management LP grew its position in shares of Douglas Emmett by 13.7% in the 3rd quarter. Callodine Capital Management LP now owns 665,000 shares of the real estate investment trust’s stock valued at $8,485,000 after buying an additional 80,000 shares during the last quarter. Institutional investors and hedge funds own 97.37% of the company’s stock. Wall Street Analyst Weigh In Separately, Piper Sandler cut their price objective on Douglas Emmett from $17.00 to $15.00 and set a “neutral” rating on the stock in a research note on Friday, March 22nd. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $13.67. View Our Latest Report on DEI Douglas Emmett Stock Down 1.5 % Shares of Douglas Emmett stock opened at $14.18 on Monday. The firm has a market cap of $2.37 billion, a price-to-earnings ratio of -45.74 and a beta of 1.05. The stock’s 50-day moving average is $13.59 and its 200 day moving average is $13.53. The company has a debt-to-equity ratio of 1.45, a current ratio of 4.42 and a quick ratio of 4.91. Douglas Emmett, Inc. has a one year low of $10.56 and a one year high of $16.12. Douglas Emmett Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 16th. Stockholders of record on Thursday, March 28th were paid a $0.19 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.76 annualized dividend and a dividend yield of 5.36%. Douglas Emmett’s dividend payout ratio is currently -245.16%. Douglas Emmett Company Profile (Free Report) 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.