rts logo

What should you know before buying stock in Douglas Emmett Inc (DEI)

Douglas Emmett Inc (NYSE: DEI) is -8.14% lower on its value in year-to-date trading and has touched a low of $10.09 and a high of $16.12 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DEI stock was last observed hovering at around $13.14 in the last trading session, with the day’s gains setting it 0.18%.

Currently trading at $13.32, the stock is -0.63% and -2.64% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.43 million and changing 1.37% at the moment leaves the stock 1.08% off its SMA200. DEI registered 12.12% gain for a year compared to 6-month gain of -1.33%. The firm has a 50-day simple moving average (SMA 50) of $7.11 and a 200-day simple moving average (SMA200) of $12.23.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a -2.49% loss in the last 1 month and extending the period to 3 months gives it a -15.48%, and is -2.77% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.04% over the week and 3.26% over the month.

Douglas Emmett Inc (DEI) has around 750 employees, a market worth around $2.23B and $1.02B in sales. Profit margin for the company is -4.30%. Distance from 52-week low is 32.08% and -17.39% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.59%).

Douglas Emmett Inc quarterly earnings per share for the current quarter are estimated at -$0.15 with sales reaching $251.58M over the same period.The EPS is expected to shrink by -157.69% this year, but quarterly earnings will post -2.20% year-over-year. Quarterly sales are estimated to shrink -0.30% in year-over-year returns.

Douglas Emmett Inc (DEI) Top Institutional Holders

380 institutions hold shares in Douglas Emmett Inc (DEI), with institutional investors hold 114.27% of the company’s shares. The shares outstanding are 167.21M, and float is at 160.73M with Short Float at 10.70%. Institutions hold 109.18% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 26.93 million shares valued at $338.46 million. The investor’s holdings represent 16.15% of the DEI Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 21.07 million shares valued at $264.82 million to account for 12.64% of the shares outstanding. The other top investors are First Eagle Investment Management, LLC which holds 13.92 million shares representing 8.35% and valued at over $175.01 million, while State Street Corporation holds 6.71% of the shares totaling 11.19 million with a market value of $140.61 million.

Douglas Emmett Inc (DEI) Insider Activity

The most recent transaction is an insider sale by SIMON WILLIAM E JR,the company’sDirector. SEC filings show that SIMON WILLIAM E JR sold 91,000 shares of the company’s common stock on Dec 06 ’23 at a price of $13.95 per share for a total of $1.27 million. Following the sale, the insider now owns 0.0 shares.

Douglas Emmett Inc disclosed in a document filed with the SEC on Jun 08 ’23 that SIMON WILLIAM E JR (Director) bought a total of 10,000 shares of the company’s common stock. The trade occurred on Jun 08 ’23 and was made at $12.42 per share for $0.12 million. Following the transaction, the insider now directly holds 91000.0 shares of the DEI stock.

Related Posts