Douglas Emmett Inc (NYSE: DEI) is -15.62% lower on its value in year-to-date trading and has touched a low of $12.20 and a high of $20.50 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 $15.39 in the last trading session, with the day’s gains setting it 0.27%.
Currently trading at $15.66, the stock is -5.21% and -8.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.91 million and changing 1.75% at the moment leaves the stock -5.49% off its SMA200. DEI registered 20.48% gain for a year compared to 6-month gain of -0.36%. The firm has a 50-day simple moving average (SMA 50) of $17.161 and a 200-day simple moving average (SMA200) of $16.65525.
The stock witnessed a -7.61% loss in the last 1 month and extending the period to 3 months gives it a -19.49%, and is -9.90% 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 4.40% over the week and 3.33% over the month.
Douglas Emmett Inc (DEI) has around 770 employees, a market worth around $3.18B and $986.48M in sales. Current P/E ratio is 118.37. Profit margin for the company is 2.24%. Distance from 52-week low is 28.33% and -23.61% from its 52-week high. The company has generated returns on investments over the last 12 months (0.31%).
with sales reaching $249.24M over the same period.The EPS is expected to shrink by -238.86% this year, but quarterly earnings will post 1.04% year-over-year. Quarterly sales are estimated to grow 1.74% in year-over-year returns.
Douglas Emmett Inc (DEI) Top Institutional Holders
391.0 institutions hold shares in Douglas Emmett Inc (DEI), with institutional investors hold 112.99% of the company’s shares. The shares outstanding are 167.44M, and float is at 160.82M with Short Float at 11.74%. Institutions hold 107.95% 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 8.1671% 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.
