Large Outflow of Money Witnessed in Douglas Emmett

Douglas Emmett (NYSE:DEI) jumped 0.04 points or 0.12% on strong buying and was last priced at $34.31 per share. The shares saw huge fund flow intraday; a massive $2.54 million made their way in through the upticks but an even bigger $4.19 million made their way out through downticks. As per the last observation, the net money flow stood at $(-1.65) million and the up/down ratio was found to be 0.61. The shares have seen a weekly value change of 1.21% .A block trade was recorded in the company shares with a net money flow of $(-1.37) million. The composite value of the funds in upticks was $0 million and the total value of funds in downticks was $1.37. As can be seen from the data, the block transaction had the up/down ratio of 0.


Currently the company Insiders own 23% of Douglas Emmett shares according to the proxy statements. Institutional Investors own 96.32% of Douglas Emmett shares. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Emmett Dan A, director officer (Chairman of the Board) of Douglas Emmett Inc, had unloaded 140,000 shares at an average price of $32.11 in a transaction dated on May 19, 2016. The total value of the transaction was worth $4,495,400.

Douglas Emmett (NYSE:DEI) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.04 points or 0.12% at $34.23 with 601,423 shares getting traded. Post opening the session at $34.36, the shares hit an intraday low of $34.21 and an intraday high of $34.7 and the price was in this range throughout the day. The company has a market cap of $5,059 million and the number of outstanding shares have been calculated to be 147,803,520 shares. The 52-week high of Douglas Emmett (NYSE:DEI) is $34.7 and the 52-week low is $24.73.

Many analysts have stated their opinion on the company shares. Evercore ISI Group downgrades its view on Douglas Emmett (NYSE:DEI) according to the research report released by the firm to its investors. The shares have now been rated Hold by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. Evercore ISI Group raises the price target from $33 per share to $34 per share on Douglas Emmett . The rating by the firm was issued on May 5, 2016.

Douglas Emmett, Inc. is a self-administered and self-managed Real Estate Investment Trust (REIT). The Company is owner and operator of office and multifamily properties located in submarkets in California and Hawaii. The Company operates in two segments: Office Properties and Multifamily Properties. The Office Properties segment products include rental of office space and other tenant services, including parking and storage space rental. The Multifamily Properties segment products include rental of apartments and other tenant services, including parking and storage space rental. The Company owned a consolidated portfolio of approximately 53 office properties and approximately 10 multifamily properties. Its properties are located in the Brentwood, Olympic Corridor, Century City, Beverly Hills, Santa Monica, Westwood, Sherman Oaks/Encino, Warner Center/Woodland Hills and Burbank submarkets of Los Angeles County, California, and in Honolulu, Hawaii.

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