Dimensional Fund Advisors LP Has $1.44 Million Holdings in Douglas Elliman Inc. (NYSE:DOUG)

Dimensional Fund Advisors LP trimmed its stake in Douglas Elliman Inc. (NYSE:DOUG) by 27.0% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,238,248 shares of the company’s stock after selling 457,425 shares during the period. Dimensional Fund Advisors LP’s holdings in Douglas Elliman were worth $1,436,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of DOUG. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Douglas Elliman in the 1st quarter valued at $48,000. Los Angeles Capital Management LLC grew its stake in Douglas Elliman by 27.6% during the first quarter. Los Angeles Capital Management LLC now owns 190,550 shares of the company’s stock worth $301,000 after buying an additional 41,230 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in shares of Douglas Elliman during the first quarter worth approximately $90,000. Diversified Investment Strategies LLC boosted its stake in Douglas Elliman by 20.1% in the first quarter. Diversified Investment Strategies LLC now owns 462,263 shares of the company’s stock worth $730,000 after purchasing an additional 77,250 shares in the last quarter. Finally, Clifford Capital Partners LLC increased its stake in shares of Douglas Elliman by 55.0% in the first quarter. Clifford Capital Partners LLC now owns 291,881 shares of the company’s stock valued at $461,000 after buying an additional 103,605 shares in the last quarter. 59.56% of the stock is currently owned by institutional investors and hedge funds.

Douglas Elliman Stock Up 1.3 %

Shares of NYSE DOUG opened at $1.58 on Friday. Douglas Elliman Inc. has a 12-month low of $1.00 and a 12-month high of $3.16. The firm’s 50-day simple moving average is $1.85 and its 200 day simple moving average is $1.50. The company has a market cap of $145.09 million, a price-to-earnings ratio of -2.08 and a beta of 1.37.

Douglas Elliman (NYSE:DOUG) last posted its quarterly earnings data on Wednesday, August 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.01. The firm had revenue of $285.75 million for the quarter, compared to the consensus estimate of $282.43 million. Douglas Elliman had a negative return on equity of 20.11% and a negative net margin of 6.60%. On average, equities analysts expect that Douglas Elliman Inc. will post -0.55 earnings per share for the current year.

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.