RBF Capital LLC increased its position in shares of Diversified Healthcare Trust (NASDAQ:DHC - Free Report) by 433.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,300,000 shares of the real estate investment trust's stock after acquiring an additional 1,056,131 shares during the quarter. RBF Capital LLC owned approximately 0.54% of Diversified Healthcare Trust worth $5,447,000 as of its most recent filing with the SEC.
Other institutional investors also recently bought and sold shares of the company. New England Private Wealth Advisors LLC acquired a new stake in shares of Diversified Healthcare Trust in the second quarter worth approximately $62,000. XTX Topco Ltd purchased a new position in Diversified Healthcare Trust during the second quarter worth approximately $74,000. Creative Planning boosted its holdings in shares of Diversified Healthcare Trust by 14.1% in the 3rd quarter. Creative Planning now owns 22,401 shares of the real estate investment trust's stock valued at $94,000 after purchasing an additional 2,767 shares during the last quarter. Metis Global Partners LLC increased its stake in Diversified Healthcare Trust by 38.8% during the third quarter. Metis Global Partners LLC now owns 23,610 shares of the real estate investment trust's stock worth $99,000 after acquiring an additional 6,603 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of Diversified Healthcare Trust by 68.9% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 40,340 shares of the real estate investment trust's stock valued at $169,000 after acquiring an additional 16,456 shares in the last quarter. 75.98% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several analysts recently issued reports on DHC shares. 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 report on Monday, October 14th. JMP Securities reiterated a "market perform" rating on shares of Diversified Healthcare Trust in a report on Wednesday, August 21st. Finally, StockNews.com raised Diversified Healthcare Trust from a "sell" rating to a "hold" rating in a research report on Friday, November 8th.
Check Out Our Latest Report on Diversified Healthcare Trust
Diversified Healthcare Trust Stock Down 0.8 %
NASDAQ:DHC traded down $0.02 on Thursday, reaching $2.55. The stock had a trading volume of 601,169 shares, compared to its average volume of 1,049,847. The company has a 50-day moving average of $3.20 and a 200 day moving average of $3.15. The company has a debt-to-equity ratio of 1.44, a quick ratio of 11.57 and a current ratio of 11.57. Diversified Healthcare Trust has a 12-month low of $2.19 and a 12-month high of $4.24.
Diversified Healthcare Trust (NASDAQ:DHC - Get Free Report) last issued its quarterly earnings data 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). Diversified Healthcare Trust had a negative net margin of 26.09% and a negative return on equity of 17.55%. The business had revenue of $373.64 million for the quarter, compared to analyst estimates of $376.80 million. During the same quarter last year, the business earned $0.03 EPS. Equities research analysts expect that Diversified Healthcare Trust will post 0.05 EPS for the current fiscal year.
Diversified Healthcare Trust Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Monday, October 28th were issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend was Monday, October 28th. Diversified Healthcare Trust's dividend payout ratio is currently -2.48%.
Diversified Healthcare Trust Profile
(
Free Report)
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.
Further Reading
Before you consider Diversified Healthcare Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Diversified Healthcare Trust wasn't on the list.
While Diversified Healthcare Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
