Douglas Emmett, Inc. (NYSE:DEI)’s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $40.78 and traded as low as $41.06. Douglas Emmett shares last traded at $41.31, with a volume of 15,907 shares changing hands.

Separately, Zacks Investment Research lowered shares of Farmers & Merchants Bancorp, Inc. (OH) from a “hold” rating to a “strong sell” rating in a report on Thursday, May 9th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $41.33.

The company has a debt-to-equity ratio of 1.09, a current ratio of 2.00 and a quick ratio of 2.00. The business’s fifty day simple moving average is $40.77. The stock has a market cap of $7.04 billion, a P/E ratio of 20.10, a P/E/G ratio of 3.20 and a beta of 0.69.

Douglas Emmett (NYSE:DEI) last issued its quarterly earnings data on Thursday, May 2nd. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.52. The business had revenue of $224.19 million for the quarter, compared to the consensus estimate of $227.52 million. Douglas Emmett had a net margin of 13.45% and a return on equity of 3.01%. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.49 EPS. On average, equities research analysts predict that Douglas Emmett, Inc. will post 2.11 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 12th. Shareholders of record on Friday, June 28th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date of this dividend is Thursday, June 27th. Douglas Emmett’s payout ratio is currently 51.49%.

In other Douglas Emmett news, Chairman Dan A. Emmett sold 40,000 shares of the business’s stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $40.78, for a total transaction of $1,631,200.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 16.20% of the stock is currently owned by insiders.

A number of institutional investors have recently modified their holdings of DEI. First Trust Advisors LP increased its position in Douglas Emmett by 3.8% during the 4th quarter. First Trust Advisors LP now owns 30,347 shares of the real estate investment trust’s stock valued at $1,036,000 after purchasing an additional 1,110 shares during the period. Bank of New York Mellon Corp grew its position in shares of Douglas Emmett by 0.4% in the 4th quarter. Bank of New York Mellon Corp now owns 2,041,288 shares of the real estate investment trust’s stock worth $69,668,000 after buying an additional 8,809 shares during the period. Raymond James & Associates grew its position in shares of Douglas Emmett by 15.7% in the 4th quarter. Raymond James & Associates now owns 181,796 shares of the real estate investment trust’s stock worth $6,205,000 after buying an additional 24,620 shares during the period. Advisor Group Inc. grew its position in shares of Douglas Emmett by 8.2% in the 4th quarter. Advisor Group Inc. now owns 8,942 shares of the real estate investment trust’s stock worth $305,000 after buying an additional 675 shares during the period. Finally, Great West Life Assurance Co. Can grew its position in shares of Douglas Emmett by 13.5% in the 4th quarter. Great West Life Assurance Co. Can now owns 218,307 shares of the real estate investment trust’s stock worth $6,930,000 after buying an additional 25,912 shares during the period. 92.18% of the stock is currently owned by institutional investors and hedge funds.

About Douglas Emmett (NYSE:DEI)

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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