Charles Schwab Investment Management Inc. Takes $73,000 Position in Douglas Elliman Inc. (NYSE:DOUG)

Charles Schwab Investment Management Inc. purchased a new position in shares of Douglas Elliman Inc. (NYSE:DOUG) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 40,000 shares of the company’s stock, valued at approximately $73,000.

Several other institutional investors have also added to or reduced their stakes in the company. XTX Topco Ltd boosted its holdings in Douglas Elliman by 125.1% in the 2nd quarter. XTX Topco Ltd now owns 354,121 shares of the company’s stock valued at $411,000 after purchasing an additional 196,801 shares during the period. Point72 DIFC Ltd raised its position in shares of Douglas Elliman by 2,757.2% in the second quarter. Point72 DIFC Ltd now owns 26,343 shares of the company’s stock valued at $31,000 after buying an additional 25,421 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. raised its position in shares of Douglas Elliman by 96.4% in the second quarter. Point72 Asia Singapore Pte. Ltd. now owns 131,224 shares of the company’s stock valued at $152,000 after buying an additional 64,416 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Douglas Elliman by 250.8% in the second quarter. AQR Capital Management LLC now owns 100,295 shares of the company’s stock valued at $116,000 after buying an additional 71,703 shares during the period. Finally, Clearline Capital LP grew its position in Douglas Elliman by 328.0% during the second quarter. Clearline Capital LP now owns 4,346,104 shares of the company’s stock worth $5,041,000 after buying an additional 3,330,701 shares in the last quarter. 59.56% of the stock is currently owned by institutional investors.

Douglas Elliman Price Performance

Shares of NYSE DOUG opened at $1.65 on Friday. The business has a fifty day moving average price of $2.02 and a two-hundred day moving average price of $1.73. The stock has a market capitalization of $147.13 million, a PE ratio of -1.60 and a beta of 1.47. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.62 and a quick ratio of 4.62. Douglas Elliman Inc. has a fifty-two week low of $1.00 and a fifty-two week high of $3.16.

About Douglas Elliman

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.