Douglas Emmett (DEI)

• Market cap: $3.03B
• 1 day: 1.35%
• 5 days: -9.51%
• 1 month: -3.57%
• 3 months: 4.93%
• 6 months: 35.13%
• Year to date: 21.83%
• 1 year: 19.10%
• 5 years: -58.26%
• 10 years: -37.03%
• Sector: Financials
• Industry: Real Estate Investment Trusts

About: Douglas Emmett Inc is a real estate investment trust that acquires, develops, and manages office and multifamily properties in Los Angeles, California and Honolulu, Hawaii in the U.S. The company focuses on owning assets in communities with large supply constraints, such as the affluent neighborhoods of Los Angeles. The vast majority of Douglas Emmett's real estate portfolio is comprised of office buildings in Los Angeles. Most of these assets are located in the areas of Sherman Oaks, Woodland Hills, and Beverly Hills in terms of total square feet. Douglas Emmett derives nearly all of its income in the form of rental revenue from tenants. The vast majority of this also comes from its Los Angeles office buildings. The company's major tenants are legal, financial, and entertainment firms.

Employees: 750

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

48% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 29

30% more capital invested

Capital invested by funds: $2.38B [Q2] → $3.1B (+$720M) [Q3]

6% more funds holding

Funds holding: 249 [Q2] → 263 (+14) [Q3]

1.52% less ownership

Funds ownership: 106.91% [Q2] → 105.39% (-1.52%) [Q3]

15% less repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 100

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]

96% less call options, than puts

Call options by funds: $1.25M | Put options by funds: $28.1M

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $19 5% upside
• Avg. target: $20 11% upside
• High target: $21 16% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Scotiabank Nicholas Yulico 43% 1-year accuracy 15 / 35 met price target	16% upside $21	Sector Outperform Upgraded	14 Nov 2024
Evercore ISI Group Steve Sakwa 45% 1-year accuracy 24 / 53 met price target	5% upside $19	In-Line Maintained	7 Nov 2024