Barclays PLC Has $1.36 Million Stock Position in Diversified Healthcare Trust (NASDAQ:DHC)

Barclays PLC raised its position in Diversified Healthcare Trust (NASDAQ:DHC - Free Report) by 310.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 324,514 shares of the real estate investment trust's stock after acquiring an additional 245,405 shares during the period. Barclays PLC owned approximately 0.13% of Diversified Healthcare Trust worth $1,360,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in DHC. Bank of New York Mellon Corp grew its stake in shares of Diversified Healthcare Trust by 3.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,184,219 shares of the real estate investment trust's stock valued at $3,612,000 after buying an additional 40,939 shares during the period. XTX Topco Ltd bought a new stake in shares of Diversified Healthcare Trust during the 2nd quarter valued at about $74,000. BlackBarn Capital Partners LP lifted its holdings in shares of Diversified Healthcare Trust by 128.6% in the 2nd quarter. BlackBarn Capital Partners LP now owns 4,000,000 shares of the real estate investment trust's stock worth $12,200,000 after purchasing an additional 2,250,000 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Diversified Healthcare Trust by 128.3% during the second quarter. AQR Capital Management LLC now owns 166,215 shares of the real estate investment trust's stock valued at $507,000 after acquiring an additional 93,421 shares during the period. Finally, Deerfield Management Company L.P. Series C increased its stake in shares of Diversified Healthcare Trust by 4.8% in the second quarter. Deerfield Management Company L.P. Series C now owns 88,223 shares of the real estate investment trust's stock valued at $269,000 after purchasing an additional 4,055 shares during the period. Hedge funds and other institutional investors own 75.98% of the company's stock.

Diversified Healthcare Trust Price Performance

Shares of DHC stock opened at $2.08 on Monday. The firm has a market capitalization of $501.85 million, a price-to-earnings ratio of -1.29 and a beta of 2.17. Diversified Healthcare Trust has a 1 year low of $2.04 and a 1 year high of $4.24. The company has a current ratio of 11.57, a quick ratio of 11.57 and a debt-to-equity ratio of 1.44. The firm's 50 day moving average is $2.46 and its 200-day moving average is $3.09.

Diversified Healthcare Trust (NASDAQ:DHC - Get Free Report) last announced its quarterly earnings results on Monday, November 4th. The real estate investment trust reported ($0.41) earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by ($0.46). The firm had revenue of $373.64 million during the quarter, compared to analyst estimates of $376.80 million. Diversified Healthcare Trust had a negative net margin of 26.09% and a negative return on equity of 17.55%. During the same quarter in the prior year, the business earned $0.03 earnings per share. Sell-side analysts forecast that Diversified Healthcare Trust will post 0.05 EPS for the current fiscal year.

Diversified Healthcare Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 14th. Stockholders of record on Monday, October 28th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Monday, October 28th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.92%. Diversified Healthcare Trust's dividend payout ratio (DPR) is currently -2.48%.

Wall Street Analysts Forecast Growth

DHC has been the subject of a number of recent analyst reports. Royal Bank of Canada increased their price target on Diversified Healthcare Trust from $2.00 to $3.00 and gave the company an "underperform" rating in a research report on Monday, October 14th. StockNews.com lowered Diversified Healthcare Trust from a "hold" rating to a "sell" rating in a report on Monday, January 6th.

Diversified Healthcare Trust Profile

DHC is a real estate investment trust, or REIT, focused on owning high-quality healthcare properties located throughout the United States. DHC seeks diversification across the health services spectrum by care delivery and practice type, by scientific research disciplines and by property type and location.