Quantbot Technologies LP Makes New Investment in Douglas Elliman Inc. (NYSE:DOUG)

Quantbot Technologies LP bought a new position in shares of Douglas Elliman Inc. (NYSE:DOUG) during the fourth quarter, HoldingsChannel reports. The fund bought 46,085 shares of the company’s stock, valued at approximately $77,000.

A number of other institutional investors have also modified their holdings of the business. Diversified Investment Strategies LLC grew its position in Douglas Elliman by 59.5% during the 4th quarter. Diversified Investment Strategies LLC now owns 824,765 shares of the company’s stock worth $1,377,000 after purchasing an additional 307,657 shares during the last quarter. Charles Schwab Investment Management Inc. purchased a new position in shares of Douglas Elliman during the third quarter worth about $73,000. First Eagle Investment Management LLC increased its position in Douglas Elliman by 436.1% in the 4th quarter. First Eagle Investment Management LLC now owns 1,126,312 shares of the company’s stock valued at $1,881,000 after acquiring an additional 916,210 shares during the period. Barclays PLC raised its stake in Douglas Elliman by 3,808,900.0% during the 3rd quarter. Barclays PLC now owns 38,090 shares of the company’s stock valued at $70,000 after acquiring an additional 38,089 shares during the last quarter. Finally, Atria Investments Inc lifted its position in Douglas Elliman by 39.6% during the 4th quarter. Atria Investments Inc now owns 28,529 shares of the company’s stock worth $48,000 after acquiring an additional 8,095 shares during the period. 59.56% of the stock is owned by institutional investors and hedge funds.

Douglas Elliman Price Performance

Shares of NYSE DOUG opened at $1.72 on Tuesday. The stock has a fifty day moving average price of $1.85 and a 200 day moving average price of $1.87. Douglas Elliman Inc. has a 1-year low of $1.00 and a 1-year high of $2.98. 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 $152.19 million, a PE ratio of -1.67 and a beta of 1.56.

Douglas Elliman (NYSE:DOUG) last announced its quarterly earnings data on Tuesday, March 11th. The company reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.11. Douglas Elliman had a negative net margin of 8.81% and a negative return on equity of 22.85%. The firm 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.