Douglas Emmett Inc (NYSE: DEI) is 31.24% higher on its value in year-to-date trading and has touched a low of $11.08 and a high of $19.59 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DEI stock was last observed hovering at around $18.75 in the last trading session, with the day’s gains setting it 0.28%.
Currently trading at $19.03, the stock is 3.32% and 5.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.94 million and changing 1.49% at the moment leaves the stock 26.54% off its SMA200. DEI registered 67.96% gain for a year compared to 6-month gain of 42.01%. The firm has a 50-day simple moving average (SMA 50) of $17.9548 and a 200-day simple moving average (SMA200) of $15.0094.
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The stock witnessed a 3.65% loss in the last 1 month and extending the period to 3 months gives it a 20.90%, and is 2.98% up 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 2.55% over the week and 3.23% over the month.
Douglas Emmett Inc (DEI) has around 750 employees, a market worth around $3.83B and $1.00B in sales. Profit margin for the company is -1.74%. Distance from 52-week low is 71.75% and -2.86% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.26%).
The EPS is expected to grow by 131.07% this year
384.0 institutions hold shares in Douglas Emmett Inc (DEI), with institutional investors hold 113.63% of the company’s shares. The shares outstanding are 167.21M, and float is at 160.81M with Short Float at 11.79%. Institutions hold 108.57% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 26.68 million shares valued at $355.16 million. The investor’s holdings represent 15.9473 of the DEI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 24.25 million shares valued at $322.77 million to account for 14.4926 of the shares outstanding. The other top investors are FIRST EAGLE INVESTMENT MANAGEMENT, LLC which holds 13.67 million shares representing 8.17 and valued at over $181.95 million, while WELLINGTON MANAGEMENT GROUP LLP holds 6.7608 of the shares totaling 11.31 million with a market value of $150.57 million.
Douglas Emmett Inc (DEI) Insider Activity
The most recent transaction is an insider purchase by SIMON WILLIAM E JR, the company’s Director. SEC filings show that SIMON WILLIAM E JR bought 45,000 shares of the company’s common stock on Jun 10 ’24 at a price of $13.15 per share for a total of $0.59 million. Following the purchase, the insider now owns 45000.0 shares.
Douglas Emmett Inc disclosed in a document filed with the SEC on Dec 06 ’23 that SIMON WILLIAM E JR (Director) sold a total of 91,000 shares of the company’s common stock. The trade occurred on Dec 06 ’23 and was made at $13.95 per share for $1.27 million. Following the transaction, the insider now directly holds 0.0 shares of the DEI stock.
