Renaissance Technologies LLC Has $7.28 Million Stock Holdings in Douglas Elliman Inc. (NYSE:DOUG)

Renaissance Technologies LLC raised its holdings in shares of Douglas Elliman Inc. (NYSE:DOUG) by 11.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,361,804 shares of the company’s stock after buying an additional 461,093 shares during the quarter. Renaissance Technologies LLC’s holdings in Douglas Elliman were worth $7,284,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of DOUG. Golden State Wealth Management LLC acquired a new stake in Douglas Elliman during the 4th quarter valued at $25,000. US Bancorp DE grew its position in shares of Douglas Elliman by 36,851.9% during the 4th quarter. US Bancorp DE now owns 19,954 shares of the company’s stock worth $33,000 after buying an additional 19,900 shares during the period. Atria Investments Inc grew its holdings in Douglas Elliman by 39.6% during the fourth quarter. Atria Investments Inc now owns 28,529 shares of the company’s stock valued at $48,000 after purchasing an additional 8,095 shares during the period. Virtu Financial LLC bought a new stake in shares of Douglas Elliman in the 4th quarter valued at $51,000. Finally, JPMorgan Chase & Co. increased its holdings in shares of Douglas Elliman by 79.1% in the fourth quarter. JPMorgan Chase & Co. now owns 38,560 shares of the company’s stock worth $64,000 after acquiring an additional 17,027 shares in the last quarter. 59.56% of the stock is owned by institutional investors.

Douglas Elliman Trading Up 1.2 %

Shares of NYSE:DOUG opened at $1.62 on Friday. The firm has a market cap of $143.67 million, a price-to-earnings ratio of -1.57 and a beta of 1.52. The company’s fifty day simple moving average is $1.79 and its 200 day simple moving average is $1.84. Douglas Elliman Inc. has a 12 month low of $1.00 and a 12 month high of $2.98. The company has a quick ratio of 4.62, a current ratio of 4.62 and a debt-to-equity ratio of 0.20.

Douglas Elliman (NYSE:DOUG) last posted 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 firm had revenue of $243.32 million during the quarter. Douglas Elliman had a negative return on equity of 22.85% and a negative net margin of 8.81%.

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.