Clearline Capital LP Has $7.64 Million Stock Holdings in Douglas Elliman Inc. (NYSE:DOUG)

Clearline Capital LP reduced its stake in shares of Douglas Elliman Inc. (NYSE:DOUG) by 3.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,174,491 shares of the company’s stock after selling 171,613 shares during the quarter. Clearline Capital LP owned 4.68% of Douglas Elliman worth $7,639,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Point72 DIFC Ltd raised its position in shares of Douglas Elliman by 2,757.2% in the 2nd 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. Mesirow Financial Investment Management Inc. acquired a new position in shares of Douglas Elliman during the 3rd quarter worth $34,000. Atria Investments Inc boosted its stake in Douglas Elliman by 62.5% in the third quarter. Atria Investments Inc now owns 20,434 shares of the company’s stock valued at $37,000 after buying an additional 7,862 shares in the last quarter. Walleye Capital LLC bought a new position in Douglas Elliman in the third quarter valued at about $54,000. Finally, Venture Visionary Partners LLC acquired a new position in Douglas Elliman during the third quarter worth about $62,000. Institutional investors own 59.56% of the company’s stock.

Douglas Elliman Trading Up 6.7 %

DOUG opened at $2.54 on Monday. The company has a market cap of $226.48 million, a P/E ratio of -2.47 and a beta of 1.34. The company has a current ratio of 4.62, a quick ratio of 4.62 and a debt-to-equity ratio of 0.20. The company’s 50 day moving average is $1.92 and its 200-day moving average is $1.65. Douglas Elliman Inc. has a 1-year low of $1.00 and a 1-year 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.