XTX Topco Ltd Lowers Stake in Douglas Elliman Inc. (NYSE:DOUG)

XTX Topco Ltd lessened its position in Douglas Elliman Inc. (NYSE:DOUG) by 69.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 88,941 shares of the company’s stock after selling 197,620 shares during the period. XTX Topco Ltd owned about 0.10% of Douglas Elliman worth $149,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Golden State Wealth Management LLC acquired a new stake in Douglas Elliman during the fourth quarter worth approximately $25,000. US Bancorp DE boosted its position in Douglas Elliman by 36,851.9% during the fourth quarter. US Bancorp DE now owns 19,954 shares of the company’s stock worth $33,000 after acquiring an additional 19,900 shares during the last quarter. Atria Investments Inc boosted its position in Douglas Elliman by 39.6% during the fourth 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 last quarter. Virtu Financial LLC acquired a new stake in Douglas Elliman during the fourth quarter worth approximately $51,000. Finally, Barclays PLC boosted its position in Douglas Elliman by 3,808,900.0% during the third quarter. Barclays PLC now owns 38,090 shares of the company’s stock worth $70,000 after acquiring an additional 38,089 shares during the last quarter. Hedge funds and other institutional investors own 59.56% of the company’s stock.

Douglas Elliman Stock Down 0.6 %

Shares of NYSE DOUG opened at $1.60 on Tuesday. The firm has a market cap of $141.98 million, a P/E ratio of -1.55 and a beta of 1.52. The firm’s 50 day moving average price is $1.73 and its 200 day moving average price is $1.84. 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 quick ratio of 4.62 and a current ratio of 4.62.

Douglas Elliman (NYSE:DOUG) last announced its quarterly earnings results on Tuesday, March 11th. The company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.11. The company had revenue of $243.32 million for the quarter. Douglas Elliman had a negative net margin of 8.81% and a negative return on equity of 22.85%.

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.