Douglas Emmett Inc (NYSE: DEI) is 28.69% higher on its value in year-to-date trading and has touched a low of $12.35 and a high of $20.50 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 $20.32 in the last trading session, with the day’s loss setting it -1.66%.
Currently trading at $18.66, the stock is -4.18% and -0.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.27 million and changing -8.17% at the moment leaves the stock 19.65% off its SMA200. DEI registered 24.40% gain for a year compared to 6-month gain of 39.46%. The firm has a 50-day simple moving average (SMA 50) of $18.7722 and a 200-day simple moving average (SMA200) of $15.5711.
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The stock witnessed a 3.38% loss in the last 1 month and extending the period to 3 months gives it a 6.69%, and is -5.09% 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 3.74% over the week and 2.49% over the month.
Douglas Emmett Inc (DEI) has around 750 employees, a market worth around $3.75B and $1.00B in sales. Profit margin for the company is -1.74%. Distance from 52-week low is 51.03% and -8.98% 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 134.62% this year
386.0 institutions hold shares in Douglas Emmett Inc (DEI), with institutional investors hold 114.48% of the company’s shares. The shares outstanding are 167.42M, and float is at 160.81M with Short Float at 10.17%. Institutions hold 109.37% 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.
