XTX Topco Ltd Takes $360,000 Position in Diversified Healthcare Trust (NASDAQ:DHC)

XTX Topco Ltd purchased a new stake in shares of Diversified Healthcare Trust (NASDAQ:DHC - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 156,399 shares of the real estate investment trust's stock, valued at approximately $360,000. XTX Topco Ltd owned 0.06% of Diversified Healthcare Trust at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Proficio Capital Partners LLC bought a new position in shares of Diversified Healthcare Trust during the fourth quarter valued at $44,000. RPO LLC purchased a new stake in Diversified Healthcare Trust during the 4th quarter valued at about $54,000. KLP Kapitalforvaltning AS purchased a new stake in Diversified Healthcare Trust during the 4th quarter valued at about $76,000. Quantbot Technologies LP increased its stake in Diversified Healthcare Trust by 64.4% during the 4th quarter. Quantbot Technologies LP now owns 34,175 shares of the real estate investment trust's stock valued at $79,000 after purchasing an additional 13,388 shares in the last quarter. Finally, Pictet Asset Management Holding SA raised its holdings in Diversified Healthcare Trust by 134.5% in the fourth quarter. Pictet Asset Management Holding SA now owns 34,147 shares of the real estate investment trust's stock worth $79,000 after buying an additional 19,583 shares during the last quarter. Institutional investors own 75.98% of the company's stock.

Diversified Healthcare Trust Stock Performance

Shares of NASDAQ DHC traded down $0.01 during midday trading on Friday, hitting $2.27. 520,673 shares of the stock traded hands, compared to its average volume of 992,657. 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 one year low of $2.00 and a one year high of $4.24. The firm has a market capitalization of $547.61 million, a P/E ratio of -1.41 and a beta of 2.02. The firm has a 50-day moving average of $2.44 and a two-hundred day moving average of $2.57.

Diversified Healthcare Trust (NASDAQ:DHC - Get Free Report) last posted its earnings results on Tuesday, February 25th. The real estate investment trust reported $0.02 earnings per share for the quarter, beating analysts' consensus estimates of ($0.29) by $0.31. The company had revenue of $379.62 million for the quarter, compared to the consensus estimate of $370.97 million. Diversified Healthcare Trust had a negative return on equity of 17.55% and a negative net margin of 26.09%.

Diversified Healthcare Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Tuesday, April 22nd will be given a dividend of $0.01 per share. The ex-dividend date of this dividend is Tuesday, April 22nd. This represents a $0.04 annualized dividend and a yield of 1.76%. Diversified Healthcare Trust's dividend payout ratio (DPR) is -2.60%.

Analyst Upgrades and Downgrades

DHC has been the topic of a number of recent analyst reports. StockNews.com upgraded shares of Diversified Healthcare Trust from a "sell" rating to a "hold" rating in a report on Thursday, April 10th. B. Riley assumed coverage on Diversified Healthcare Trust in a research note on Thursday, April 3rd. They set a "buy" rating and a $4.50 target price on the stock.

About Diversified Healthcare Trust

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.