New York: Douglas Emmett (NYSE:DEI) Stock Has Just Had Its “Hold” Rating Reiterated by Mizuho Securities. Shares now Have a $41.0 Target

January 14, 2018 - By Maria Brooks

 New York: Douglas Emmett (NYSE:DEI) Stock Has Just Had Its

Investors sentiment decreased to 1.8 in 2017 Q3. Its down 0.11, from 1.91 in 2017Q2. It worsened, as 20 investors sold Douglas Emmett, Inc. shares while 51 reduced holdings. 28 funds opened positions while 100 raised stakes. 158.93 million shares or 3.33% more from 153.81 million shares in 2017Q2 were reported.

Daiwa Secs Group Incorporated accumulated 6.43M shares. Sg Americas Secs Ltd Company reported 0.01% of its portfolio in Douglas Emmett, Inc. (NYSE:DEI). M&T Fincl Bank stated it has 10,515 shares. Retirement Sys Of Alabama stated it has 0.04% of its portfolio in Douglas Emmett, Inc. (NYSE:DEI). Teachers & Annuity Association Of America invested 0.15% in Douglas Emmett, Inc. (NYSE:DEI). Sumitomo Mitsui Trust Holdings holds 0.01% of its portfolio in Douglas Emmett, Inc. (NYSE:DEI) for 143,991 shares. Meeder Asset Management owns 642 shares. Rhumbline Advisers reported 0.03% stake. Twin Tree L P owns 0% invested in Douglas Emmett, Inc. (NYSE:DEI) for 3,124 shares. Alliancebernstein Limited Partnership reported 179,227 shares. Verition Fund Mgmt Ltd Company holds 8,585 shares. Arizona State Retirement owns 86,742 shares. Voloridge Invest Mgmt Limited Co accumulated 0.03% or 39,252 shares. Glenmede Tru Na stated it has 105 shares or 0% of all its holdings. Neuberger Berman Gp Lc has invested 0.09% in Douglas Emmett, Inc. (NYSE:DEI).

Since September 21, 2017, it had 0 insider buys, and 1 sale for $3.90 million activity.

Douglas Emmett (NYSE:DEI) Rating Reaffirmed

Recently, In analysts note released on 26 October, Douglas Emmett (NYSE:DEI) shares have had their “Hold” Rating restate by equity research analysts at Mizuho Securities, who currently has a $41.0 PT on firm. This target by Mizuho Securities would indicate the possibile upside of 6.88 % from the current stock price.

Investors sentiment decreased to 1.8 in 2017 Q3. Its down 0.11, from 1.91 in 2017Q2. It worsened, as 20 investors sold Douglas Emmett, Inc. shares while 51 reduced holdings. 28 funds opened positions while 100 raised stakes. 158.93 million shares or 3.33% more from 153.81 million shares in 2017Q2 were reported.

Daiwa Secs Group Incorporated accumulated 6.43M shares. Sg Americas Secs Ltd Company reported 0.01% of its portfolio in Douglas Emmett, Inc. (NYSE:DEI). M&T Fincl Bank stated it has 10,515 shares. Retirement Sys Of Alabama stated it has 0.04% of its portfolio in Douglas Emmett, Inc. (NYSE:DEI). Teachers & Annuity Association Of America invested 0.15% in Douglas Emmett, Inc. (NYSE:DEI). Sumitomo Mitsui Trust Holdings holds 0.01% of its portfolio in Douglas Emmett, Inc. (NYSE:DEI) for 143,991 shares. Meeder Asset Management owns 642 shares. Rhumbline Advisers reported 0.03% stake. Twin Tree L P owns 0% invested in Douglas Emmett, Inc. (NYSE:DEI) for 3,124 shares. Alliancebernstein Limited Partnership reported 179,227 shares. Verition Fund Mgmt Ltd Company holds 8,585 shares. Arizona State Retirement owns 86,742 shares. Voloridge Invest Mgmt Limited Co accumulated 0.03% or 39,252 shares. Glenmede Tru Na stated it has 105 shares or 0% of all its holdings. Neuberger Berman Gp Lc has invested 0.09% in Douglas Emmett, Inc. (NYSE:DEI).

Since September 21, 2017, it had 0 insider buys, and 1 sale for $3.90 million activity.

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

Among 16 analysts covering Douglas Emmett (NYSE:DEI), 5 have Buy rating, 2 Sell and 9 Hold. Therefore 31% are positive. Douglas Emmett has $47 highest and $7 lowest target. $37.60’s average target is -1.98% below currents $38.36 stock price. Douglas Emmett had 49 analyst reports since August 6, 2015 according to SRatingsIntel. Janney Capital initiated the stock with “Neutral” rating in Friday, September 8 report. The firm has “Hold” rating given on Monday, October 23 by KeyBanc Capital Markets. On Wednesday, September 9 the stock rating was upgraded by Bank of America to “Buy”. The firm has “Neutral” rating by DA Davidson given on Thursday, May 18. The firm has “Market Perform” rating given on Tuesday, December 13 by Wells Fargo. BMO Capital Markets maintained Douglas Emmett, Inc. (NYSE:DEI) on Monday, July 3 with “Hold” rating. The rating was downgraded by JP Morgan to “Neutral” on Friday, December 16. The stock of Douglas Emmett, Inc. (NYSE:DEI) earned “Overweight” rating by JP Morgan on Tuesday, March 15. The stock has “Sell” rating by UBS on Tuesday, December 13. The stock has “Outperform” rating by Robert W. Baird on Thursday, June 30.

The stock decreased 0.54% or $0.21 during the last trading session, reaching $38.36. About 899,000 shares traded or 20.52% up from the average. Douglas Emmett, Inc. (NYSE:DEI) has risen 18.46% since January 14, 2017 and is uptrending. It has outperformed by 1.76% the S&P500.

Analysts await Douglas Emmett, Inc. (NYSE:DEI) to report earnings on February, 6. They expect $0.48 EPS, up 2.13 % or $0.01 from last year’s $0.47 per share. DEI’s profit will be $93.22M for 19.98 P/E if the $0.48 EPS becomes a reality. After $0.48 actual EPS reported by Douglas Emmett, Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Douglas Emmett, Inc. 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. The company has market cap of $7.45 billion.

More notable recent Douglas Emmett, Inc. (NYSE:DEI) news were published by: Nasdaq.com which released: “Douglas Emmett, Inc. (DEI) Ex-Dividend Date Scheduled for December 28, 2017” on December 27, 2017, also Prnewswire.com with their article: “Douglas Emmett Announces Dates for Its 2017 Fourth Quarter Earnings Results …” published on January 09, 2018, Seekingalpha.com published: “Douglas Emmett: Too Late To Join The Rally?” on July 12, 2017. More interesting news about Douglas Emmett, Inc. (NYSE:DEI) were released by: Prnewswire.com and their article: “Douglas Emmett Acquires Office Building in Beverly Hills Golden Triangle” published on December 20, 2017 as well as Prnewswire.com‘s news article titled: “Douglas Emmett Releases Third Quarter 2017 Earnings Results” with publication date: November 07, 2017.

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