Diversified Healthcare Trust (NASDAQ:DHC - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $2.75, but opened at $2.91. Diversified Healthcare Trust shares last traded at $2.60, with a volume of 93,192 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered Diversified Healthcare Trust from a "hold" rating to a "sell" rating in a research note on Wednesday, February 26th.
View Our Latest Stock Analysis on DHC
Diversified Healthcare Trust Stock Performance
The company has a debt-to-equity ratio of 1.44, a quick ratio of 11.57 and a current ratio of 11.57. The company has a market cap of $646.61 million, a price-to-earnings ratio of -1.66 and a beta of 2.17. The company has a fifty day moving average of $2.42 and a two-hundred day moving average of $2.89.
Diversified Healthcare Trust (NASDAQ:DHC - Get Free Report) last released its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.29) by $0.31. Diversified Healthcare Trust had a negative return on equity of 17.55% and a negative net margin of 26.09%. The company had revenue of $379.62 million for the quarter, compared to the consensus estimate of $370.97 million.
Diversified Healthcare Trust Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Investors of record on Monday, January 27th were issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 1.49%. The ex-dividend date was Monday, January 27th. Diversified Healthcare Trust's dividend payout ratio (DPR) is -2.60%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Diversified Healthcare Trust by 41.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 384,477 shares of the real estate investment trust's stock worth $884,000 after buying an additional 112,701 shares during the period. Union Square Park Capital Management LLC lifted its holdings in Diversified Healthcare Trust by 32.1% during the 4th quarter. Union Square Park Capital Management LLC now owns 925,000 shares of the real estate investment trust's stock worth $2,128,000 after buying an additional 225,000 shares during the period. State of Wyoming lifted its holdings in Diversified Healthcare Trust by 15.2% during the 4th quarter. State of Wyoming now owns 54,284 shares of the real estate investment trust's stock worth $125,000 after buying an additional 7,175 shares during the period. Southport Management L.L.C. lifted its holdings in Diversified Healthcare Trust by 20.0% during the 4th quarter. Southport Management L.L.C. now owns 90,000 shares of the real estate investment trust's stock worth $207,000 after buying an additional 15,000 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. lifted its holdings in Diversified Healthcare Trust by 133.1% during the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 44,864 shares of the real estate investment trust's stock worth $103,000 after buying an additional 25,614 shares during the period. 75.98% of the stock is owned by institutional investors and hedge funds.
Diversified Healthcare Trust Company Profile
(
Get Free Report)
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.
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