Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) At $18.73 Forms Bottom; Douglas Emmett (DEI)’s Sentiment Is 1.51

Douglas Emmett, Inc. (NYSE:DEI) Logo

Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) formed multiple bottom with $17.23 target or 8.00% below today’s $18.73 share price. Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC) has $828.85 million valuation. The stock increased 0.38% or $0.07 during the last trading session, reaching $18.73. About 109,473 shares traded or 4.94% up from the average. Flaherty & Crumrine Preferred Securities Income Fund Inc. (NYSE:FFC) has declined 13.41% since June 3, 2017 and is downtrending. It has underperformed by 25.98% the S&P500.

Douglas Emmett Inc (DEI) investors sentiment decreased to 1.51 in Q1 2018. It’s down -0.02, from 1.53 in 2017Q4. The ratio is negative, as 122 hedge funds opened new and increased positions, while 81 cut down and sold their stock positions in Douglas Emmett Inc. The hedge funds in our database now have: 158.28 million shares, down from 160.54 million shares in 2017Q4. Also, the number of hedge funds holding Douglas Emmett Inc in top ten positions decreased from 1 to 0 for a decrease of 1. Sold All: 19 Reduced: 62 Increased: 92 New Position: 30.

Resolution Capital Ltd holds 3.92% of its portfolio in Douglas Emmett, Inc. for 2.32 million shares. Barr E S & Co owns 462,098 shares or 1.78% of their US portfolio. Moreover, Daiwa Securities Group Inc. has 1.66% invested in the company for 5.65 million shares. The New York-based Cohen & Steers Inc has invested 1.4% in the stock. Heitman Real Estate Securities Llc, a Illinois-based fund reported 373,723 shares.

The stock decreased 0.05% or $0.02 during the last trading session, reaching $38.47. About 580,987 shares traded. Douglas Emmett, Inc. (DEI) has declined 1.70% since June 3, 2017 and is downtrending. It has underperformed by 14.27% the S&P500.

Ratings analysis reveals 0 of Douglas Emmett’s analysts are positive. Out of 4 Wall Street analysts rating Douglas Emmett, 0 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $35.0 while the high is $39.0. The stock’s average target of $37.33 is -2.96% below today’s ($38.47) share price. DEI was included in 4 notes of analysts from December 13, 2016. Stifel Nicolaus upgraded the stock to “Hold” rating in Thursday, February 9 report. On Tuesday, December 13 the stock rating was downgraded by UBS to “Sell”. The stock has “Neutral” rating by Mizuho on Friday, February 10. As per Tuesday, December 13, the company rating was downgraded by Wells Fargo.

Douglas Emmett, Inc., a real estate investment trust, owns and operates office and multifamily properties in California and Hawaii. The company has market cap of $7.56 billion. As of December 31, 2007, the companyÂ’s office portfolio consisted of 48 properties and multifamily portfolio consisted of 9 properties. It has a 66.33 P/E ratio. The Company’s properties are located in Brentwood, Olympic Corridor, Century City, Beverly Hills, Santa Monica, Westwood, Sherman Oaks/Encino, Warner Center/Woodland Hills, and Burbank submarkets of Los Angeles County, California, as well as in Honolulu, Hawaii.

Analysts await Douglas Emmett, Inc. (NYSE:DEI) to report earnings on August, 7. They expect $0.50 EPS, up 6.38% or $0.03 from last year’s $0.47 per share. DEI’s profit will be $98.28M for 19.24 P/E if the $0.50 EPS becomes a reality. After $0.49 actual EPS reported by Douglas Emmett, Inc. for the previous quarter, Wall Street now forecasts 2.04% EPS growth.

Douglas Emmett, Inc. (NYSE:DEI) Institutional Positions Chart