First Eagle Investment Management LLC Purchases 916,210 Shares of Douglas Elliman Inc. (NYSE:DOUG)

First Eagle Investment Management LLC raised its position in Douglas Elliman Inc. (NYSE:DOUG) by 436.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,126,312 shares of the company’s stock after acquiring an additional 916,210 shares during the quarter. First Eagle Investment Management LLC owned approximately 1.26% of Douglas Elliman worth $1,881,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Atria Investments Inc increased its position in shares of Douglas Elliman by 39.6% during the 4th quarter. Atria Investments Inc now owns 28,529 shares of the company’s stock valued at $48,000 after purchasing an additional 8,095 shares during the last quarter. US Bancorp DE grew its position in Douglas Elliman by 36,851.9% during the fourth quarter. US Bancorp DE now owns 19,954 shares of the company’s stock valued at $33,000 after buying an additional 19,900 shares during the period. Golden State Wealth Management LLC purchased a new stake in Douglas Elliman during the fourth quarter valued at approximately $25,000. Diversified Investment Strategies LLC raised its position in Douglas Elliman by 59.5% in the fourth quarter. Diversified Investment Strategies LLC now owns 824,765 shares of the company’s stock worth $1,377,000 after acquiring an additional 307,657 shares during the period. Finally, Barclays PLC boosted its stake in shares of Douglas Elliman by 3,808,900.0% during the 3rd quarter. Barclays PLC now owns 38,090 shares of the company’s stock worth $70,000 after acquiring an additional 38,089 shares during the last quarter. 59.56% of the stock is owned by hedge funds and other institutional investors.

Douglas Elliman Trading Up 6.5 %

Shares of DOUG stock opened at $1.89 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.62 and a quick ratio of 4.62. The company has a market cap of $168.08 million, a price-to-earnings ratio of -1.83 and a beta of 1.56. Douglas Elliman Inc. has a 1 year low of $1.00 and a 1 year high of $2.98. The firm has a fifty day moving average price of $1.82 and a 200-day moving average price of $1.86.

Douglas Elliman (NYSE:DOUG) last released its quarterly earnings results on Tuesday, March 11th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.11. Douglas Elliman had a negative return on equity of 22.85% and a negative net margin of 8.81%. The business had revenue of $243.32 million during the quarter.

Douglas Elliman Company 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.