1 week Ago By Defense World Staff
KLP Kapitalforvaltning AS bought a new position in shares of Diversified Healthcare Trust ( NASDAQ:DHC – Free Report ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 32,900 shares of the real estate investment trust’s stock, valued at approximately $76,000. Several other large investors have also added to or reduced their stakes in the company.
Proficio Capital Partners LLC purchased a new stake in shares of Diversified Healthcare Trust in the fourth quarter worth $44,000. Quantbot Technologies LP boosted its holdings in Diversified Healthcare Trust by 64.4% in the 4th quarter.
Quantbot Technologies LP now owns 34,175 shares of the real estate investment trust’s stock worth $79,000 after buying an additional 13,388 shares during the period. Intech Investment Management LLC increased its stake in Diversified Healthcare Trust by 132.4% in the 4th quarter.
Intech Investment Management LLC now owns 103,558 shares of the real estate investment trust’s stock worth $238,000 after buying an additional 59,006 shares in the last quarter. Thrivent Financial for Lutherans bought a new stake in Diversified Healthcare Trust during the fourth quarter valued at about $243,000. Finally, SG Americas Securities LLC lifted its position in shares of Diversified Healthcare Trust by 55.
1% in 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 acquiring an additional 41,489 shares in the last quarter. Hedge funds and other institutional investors own 75.
98% of the company’s stock. Analyst Ratings Changes Several analysts recently issued reports on DHC shares. B.
Riley started coverage on Diversified Healthcare Trust in a research report on Thursday, April 3rd. They set a “buy” rating and a $4.50 target price for the company.
StockNews.com raised shares of Diversified Healthcare Trust from a “sell” rating to a “hold” rating in a report on Thursday. Diversified Healthcare Trust Stock Down 1.
9 % DHC opened at $2.07 on Friday. 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 firm has a 50-day simple moving average of $2.53 and a two-hundred day simple moving average of $2.69.
The company has a market capitalization of $499.36 million, a PE ratio of -1.29 and a beta of 2.
02. Diversified Healthcare Trust ( NASDAQ:DHC – Get Free Report ) last announced its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $0.
02 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates 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. Investors of record on Tuesday, April 22nd will be issued a $0.01 dividend.
This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.93%.
The ex-dividend date is Tuesday, April 22nd. Diversified Healthcare Trust’s dividend payout ratio (DPR) is presently -2.60%.
About Diversified Healthcare Trust ( 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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