Inspire Investing LLC Increases Stock Position in Diversified Healthcare Trust (NASDAQ:DHC)

Inspire Investing LLC raised its stake in shares of Diversified Healthcare Trust (NASDAQ:DHC) by 78.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 175,182 shares of the real estate investment trust’s stock after purchasing an additional 77,170 shares during the period. Inspire Investing LLC owned 0.07% of Diversified Healthcare Trust worth $403,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in DHC. XTX Topco Ltd bought a new position in Diversified Healthcare Trust during the second quarter valued at approximately $74,000. AQR Capital Management LLC boosted its position in shares of Diversified Healthcare Trust by 128.3% during the 2nd 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 last quarter. Deerfield Management Company L.P. Series C grew its holdings 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 in the last quarter. Algert Global LLC increased its position in Diversified Healthcare Trust by 3.0% in the second quarter. Algert Global LLC now owns 307,915 shares of the real estate investment trust’s stock worth $939,000 after purchasing an additional 8,878 shares during the last quarter. Finally, SG Americas Securities LLC raised its stake in Diversified Healthcare Trust by 82.1% during the third quarter. SG Americas Securities LLC now owns 75,293 shares of the real estate investment trust’s stock valued at $315,000 after purchasing an additional 33,942 shares in the last quarter. Hedge funds and other institutional investors own 75.98% of the company’s stock.

Analyst Upgrades and Downgrades

DHC has been the topic of a number of research reports. StockNews.com downgraded shares of Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a report on Monday, January 6th. Royal Bank of Canada boosted their price objective on Diversified Healthcare Trust from $2.00 to $3.00 and gave the stock an “underperform” rating in a research note on Monday, October 14th.

Diversified Healthcare Trust Stock Up 2.8 %

NASDAQ DHC opened at $2.18 on Friday. The company has a quick ratio of 11.57, a current ratio of 11.57 and a debt-to-equity ratio of 1.44. Diversified Healthcare Trust has a 52 week low of $2.01 and a 52 week high of $4.24. The firm has a market capitalization of $525.98 million, a price-to-earnings ratio of -1.35 and a beta of 2.17. The company has a fifty day moving average of $2.33 and a two-hundred day moving average of $3.02.

Diversified Healthcare Trust (NASDAQ:DHC) last issued its quarterly earnings results on Monday, November 4th. The real estate investment trust reported ($0.41) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.46). The firm had revenue of $373.64 million for the quarter, compared to the consensus estimate 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 previous year, the company posted $0.03 earnings per share.

Diversified Healthcare Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Monday, January 27th will be paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date of this dividend is Monday, January 27th. Diversified Healthcare Trust’s dividend payout ratio is currently -2.48%.

Diversified Healthcare Trust Company Profile

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.