Institutional Investor Sentiment About Douglas Emmett Inc (NYSE:DEI) Increased

October 2, 2018 - By Adrian Erickson

Douglas Emmett, Inc. (NYSE:DEI) Logo

Sentiment for Douglas Emmett Inc (NYSE:DEI)

Douglas Emmett Inc (NYSE:DEI) institutional sentiment decreased to 1.02 in Q2 2018. Its down -0.49, from 1.51 in 2018Q1. The ratio worsened, as 98 funds increased and started new stock positions, while 96 sold and decreased their stakes in Douglas Emmett Inc. The funds in our partner’s database now hold: 156.57 million shares, down from 158.28 million shares in 2018Q1. Also, the number of funds holding Douglas Emmett Inc in their top 10 stock positions increased from 0 to 1 for an increase of 1. Sold All: 18 Reduced: 78 Increased: 69 New Position: 29.

Douglas Emmett, Inc., a real estate investment trust, owns and operates office and multifamily properties in California and Hawaii. The company has market cap of $7.44 billion. As of December 31, 2007, the companyÂ’s office portfolio consisted of 48 properties and multifamily portfolio consisted of 9 properties. It has a 55.66 P/E ratio. The Company’s properties are located in Brentwood, Olympic Corridor, Century City, Beverly Hills, Santa Monica, Westwood, Sherman Oaks/Encino, Warner Center/Woodland Hills, and Burbank submarkets of Los Angeles County, California, as well as in Honolulu, Hawaii.

The stock increased 0.43% or $0.16 during the last trading session, reaching $37.68. About 332,073 shares traded. Douglas Emmett, Inc. (NYSE:DEI) has risen 0.39% since October 2, 2017 and is uptrending. It has underperformed by 15.23% the S&P500.

Analysts await Douglas Emmett, Inc. (NYSE:DEI) to report earnings on November, 6. They expect $0.51 earnings per share, up 6.25 % or $0.03 from last year’s $0.48 per share. DEI’s profit will be $100.63M for 18.47 P/E if the $0.51 EPS becomes a reality. After $0.51 actual earnings per share reported by Douglas Emmett, Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Cbre Clarion Securities Llc holds 3.47% of its portfolio in Douglas Emmett, Inc. for 6.62 million shares. Resolution Capital Ltd owns 1.72 million shares or 2.43% of their US portfolio. Moreover, Barr E S & Co has 1.91% invested in the company for 460,248 shares. The Japan-based Daiwa Securities Group Inc. has invested 1.69% in the stock. Cohen & Steers Inc, a New York-based fund reported 12.54 million shares.

Since January 1, 0001, it had 1 buy, and 0 sales for $296,861 activity.

Douglas Emmett, Inc. (NYSE:DEI) Ratings Coverage

Ratings analysis reveals 60% of Douglas Emmett’s analysts are positive. Out of 5 Wall Street analysts rating Douglas Emmett, 3 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. The lowest target is $39 while the high is $44. The stock’s average target of $41.50 is 10.14% above today’s ($37.68) share price. DEI was included in 6 notes of analysts from June 18, 2018. Bank of America maintained Douglas Emmett, Inc. (NYSE:DEI) rating on Monday, August 13. Bank of America has “Buy” rating and $44 target. Barclays Capital maintained the stock with “Underweight” rating in Thursday, August 30 report. The stock has “Buy” rating by Stifel Nicolaus on Thursday, August 2. As per Monday, September 10, the company rating was maintained by Bank of America. Citigroup maintained the shares of DEI in report on Wednesday, August 8 with “Neutral” rating. As per Monday, June 18, the company rating was upgraded by Mizuho.

Another recent and important Douglas Emmett, Inc. (NYSE:DEI) news was published by Investorplace.com which published an article titled: “5 Great REITs to Buy as Inflation Surges” on September 19, 2018.

Douglas Emmett, Inc. (NYSE:DEI) Institutional Positions Chart

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