Diversified Healthcare Trust (NASDAQ:DHC) Shares Acquired by RBF Capital LLC

RBF Capital LLC raised its stake in shares of Diversified Healthcare Trust (NASDAQ:DHC) by 1.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,319,864 shares of the real estate investment trust’s stock after purchasing an additional 19,864 shares during the quarter. RBF Capital LLC’s holdings in Diversified Healthcare Trust were worth $3,036,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Barclays PLC raised its holdings in shares of Diversified Healthcare Trust by 310.2% in the 3rd quarter. Barclays PLC now owns 324,514 shares of the real estate investment trust’s stock worth $1,360,000 after purchasing an additional 245,405 shares during the period. Geode Capital Management LLC raised its holdings in Diversified Healthcare Trust by 1.0% in the third quarter. Geode Capital Management LLC now owns 5,667,451 shares of the real estate investment trust’s stock valued at $23,751,000 after buying an additional 54,602 shares during the period. JPMorgan Chase & Co. lifted its position in Diversified Healthcare Trust by 60.3% during the third quarter. JPMorgan Chase & Co. now owns 863,806 shares of the real estate investment trust’s stock valued at $3,619,000 after buying an additional 324,787 shares in the last quarter. SG Americas Securities LLC lifted its position in Diversified Healthcare Trust by 55.1% during the fourth quarter. SG Americas Securities LLC now owns 116,782 shares of the real estate investment trust’s stock valued at $269,000 after buying an additional 41,489 shares in the last quarter. Finally, Inspire Investing LLC grew its stake in Diversified Healthcare Trust by 78.7% during the fourth quarter. Inspire Investing LLC now owns 175,182 shares of the real estate investment trust’s stock worth $403,000 after buying an additional 77,170 shares during the period. Hedge funds and other institutional investors own 75.98% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. B. Riley began coverage on shares of Diversified Healthcare Trust in a research note on Thursday, April 3rd. They issued a “buy” rating and a $4.50 target price on the stock. StockNews.com raised Diversified Healthcare Trust from a “sell” rating to a “hold” rating in a research report on Thursday, April 10th.

Diversified Healthcare Trust Stock Up 1.3 %

Shares of NASDAQ:DHC opened at $2.26 on Wednesday. The company has a 50 day moving average of $2.46 and a two-hundred day moving average of $2.60. Diversified Healthcare Trust has a 52-week low of $2.00 and a 52-week high of $4.24. The company has a quick ratio of 11.57, a current ratio of 11.57 and a debt-to-equity ratio of 1.44. The company has a market capitalization of $545.19 million, a price-to-earnings ratio of -1.40 and a beta of 2.02.

Diversified Healthcare Trust (NASDAQ:DHC) last released its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.29) by $0.31. Diversified Healthcare Trust had a negative net margin of 26.09% and a negative return on equity of 17.55%. The firm had revenue of $379.62 million for the quarter, compared to the consensus estimate of $370.97 million.

Diversified Healthcare Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Tuesday, April 22nd will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date is Tuesday, April 22nd. Diversified Healthcare Trust’s payout ratio is -2.60%.

Diversified Healthcare Trust Profile

Diversified Healthcare Trust is a real estate investment trust, which engages in the ownership of senior living communities, medical office buildings, and wellness centers. It operates through the following segments: Office Portfolio, Senior Housing Operating Portfolio (SHOP), and Non-Segment. The Office Portfolio segment consists of medical office properties leased to medical providers and other medical related businesses, as well as life science properties leased to biotech laboratories and other similar tenants.