Diversified Investment Strategies LLC Purchases 307,657 Shares of Douglas Elliman Inc. (NYSE:DOUG)

Diversified Investment Strategies LLC boosted its holdings in Douglas Elliman Inc. (NYSE:DOUG) by 59.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 824,765 shares of the company’s stock after buying an additional 307,657 shares during the quarter. Douglas Elliman makes up approximately 0.9% of Diversified Investment Strategies LLC’s investment portfolio, making the stock its 23rd largest position. Diversified Investment Strategies LLC owned 0.92% of Douglas Elliman worth $1,377,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in DOUG. Charles Schwab Investment Management Inc. bought a new stake in Douglas Elliman in the third quarter valued at approximately $73,000. AQR Capital Management LLC boosted its stake in shares of Douglas Elliman by 250.8% in the 2nd quarter. AQR Capital Management LLC now owns 100,295 shares of the company’s stock valued at $116,000 after purchasing an additional 71,703 shares during the last quarter. Barclays PLC increased its position in shares of Douglas Elliman by 3,808,900.0% during the third quarter. Barclays PLC now owns 38,090 shares of the company’s stock worth $70,000 after buying an additional 38,089 shares during the period. Point72 DIFC Ltd raised its stake in Douglas Elliman by 2,757.2% during the second quarter. Point72 DIFC Ltd now owns 26,343 shares of the company’s stock worth $31,000 after buying an additional 25,421 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. lifted its holdings in Douglas Elliman by 96.4% in the second quarter. Point72 Asia Singapore Pte. Ltd. now owns 131,224 shares of the company’s stock valued at $152,000 after buying an additional 64,416 shares during the period. 59.56% of the stock is owned by institutional investors.

Douglas Elliman Stock Performance

DOUG stock opened at $1.66 on Wednesday. The firm has a market cap of $148.02 million, a PE ratio of -1.61 and a beta of 1.57. The company has a current ratio of 4.62, a quick ratio of 4.62 and a debt-to-equity ratio of 0.20. The stock has a 50-day moving average price of $1.92 and a 200-day moving average price of $1.84. Douglas Elliman Inc. has a 1-year low of $1.00 and a 1-year high of $2.98.

Douglas Elliman (NYSE:DOUG) last issued its earnings results on Thursday, November 7th. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.04). The business had revenue of $266.32 million during the quarter, compared to the consensus estimate of $239.19 million. Douglas Elliman had a negative return on equity of 22.85% and a negative net margin of 8.81%. During the same quarter in the previous year, the firm posted ($0.06) earnings per share. As a group, equities research analysts expect that Douglas Elliman Inc. will post -0.92 earnings per share for the current year.

Douglas Elliman Profile

Douglas Elliman Inc owns Douglas Elliman Realty, LLC, operating as a residential brokerage company in the United States with operations in New York, Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, Maryland, Virginia and Washington, DC In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology (“PropTech”) solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets.