Morgan Stanley Has $13.16 Million Stake in Douglas Emmett, Inc. (NYSE:DEI)

Morgan Stanley raised its holdings in Douglas Emmett, Inc. (NYSE:DEI) by 91.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 330,384 shares of the real estate investment trust’s stock after acquiring an additional 158,198 shares during the period. Morgan Stanley’s holdings in Douglas Emmett were worth $13,162,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the business. Municipal Employees Retirement System of Michigan grew its stake in Douglas Emmett by 1.6% in the second quarter. Municipal Employees Retirement System of Michigan now owns 29,900 shares of the real estate investment trust’s stock valued at $1,191,000 after acquiring an additional 470 shares during the period. Profund Advisors LLC grew its stake in Douglas Emmett by 2.4% in the second quarter. Profund Advisors LLC now owns 24,023 shares of the real estate investment trust’s stock valued at $957,000 after acquiring an additional 567 shares during the period. Wells Fargo & Company MN grew its stake in Douglas Emmett by 0.5% in the second quarter. Wells Fargo & Company MN now owns 147,138 shares of the real estate investment trust’s stock valued at $5,862,000 after acquiring an additional 747 shares during the period. NEXT Financial Group Inc grew its stake in Douglas Emmett by 76.3% in the second quarter. NEXT Financial Group Inc now owns 1,733 shares of the real estate investment trust’s stock valued at $69,000 after acquiring an additional 750 shares during the period. Finally, Oregon Public Employees Retirement Fund grew its stake in Douglas Emmett by 1.5% in the second quarter. Oregon Public Employees Retirement Fund now owns 64,138 shares of the real estate investment trust’s stock valued at $2,555,000 after acquiring an additional 924 shares during the period. 92.42% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts have issued reports on DEI shares. ValuEngine cut Douglas Emmett from a “hold” rating to a “sell” rating in a research note on Wednesday, October 2nd. Robert W. Baird set a $51.00 target price on Douglas Emmett and gave the company a “buy” rating in a research note on Wednesday, August 21st. Finally, Zacks Investment Research raised Douglas Emmett from a “sell” rating to a “hold” rating in a research note on Monday, August 5th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $42.63.

Shares of Douglas Emmett stock opened at $42.37 on Friday. The firm has a market cap of $7.43 billion, a price-to-earnings ratio of 20.98, a price-to-earnings-growth ratio of 3.32 and a beta of 0.67. The stock’s 50-day moving average is $42.21 and its 200-day moving average is $41.22. Douglas Emmett, Inc. has a one year low of $32.32 and a one year high of $43.13. The company has a debt-to-equity ratio of 1.07, a current ratio of 3.74 and a quick ratio of 3.74.

Douglas Emmett (NYSE:DEI) last issued its quarterly earnings results on Monday, August 5th. The real estate investment trust reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.01. The company had revenue of $230.50 million for the quarter, compared to analyst estimates of $226.45 million. Douglas Emmett had a return on equity of 3.05% and a net margin of 13.54%. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.51 earnings per share. On average, equities analysts expect that Douglas Emmett, Inc. will post 2.1 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 16th. Stockholders of record on Monday, September 30th will be issued a $0.26 dividend. The ex-dividend date is Friday, September 27th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.45%. Douglas Emmett’s dividend payout ratio (DPR) is 51.49%.

Douglas Emmett Company Profile

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.

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Institutional Ownership by Quarter for Douglas Emmett (NYSE:DEI)

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