In This Article:
Key Insights
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Institutions' substantial holdings in Douglas Elliman implies that they have significant influence over the company's share price
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50% of the business is held by the top 19 shareholders
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A look at the shareholders of Douglas Elliman Inc. (NYSE:DOUG) can tell us which group is most powerful. With 49% stake, institutions possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future.
Let's delve deeper into each type of owner of Douglas Elliman, beginning with the chart below.
Check out our latest analysis for Douglas Elliman
What Does The Institutional Ownership Tell Us About Douglas Elliman?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
As you can see, institutional investors have a fair amount of stake in Douglas Elliman. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Douglas Elliman's earnings history below. Of course, the future is what really matters.
Douglas Elliman is not owned by hedge funds. Our data shows that Phillip Frost is the largest shareholder with 8.6% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 4.9% and 4.5%, of the shares outstanding, respectively. Additionally, the company's CEO Michael Liebowitz directly holds 3.5% of the total shares outstanding.
A closer look at our ownership figures suggests that the top 19 shareholders have a combined ownership of 50% implying that no single shareholder has a majority.
While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known.