XTX Topco Ltd Takes Position in Diversified Healthcare Trust (NASDAQ:DHC)

XTX Topco Ltd bought a new position in Diversified Healthcare Trust (NASDAQ:DHC) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 24,142 shares of the real estate investment trust’s stock, valued at approximately $74,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC increased its stake in shares of Diversified Healthcare Trust by 99.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 15,300 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 7,629 shares during the period. Atomi Financial Group Inc. purchased a new position in shares of Diversified Healthcare Trust during the 1st quarter valued at about $46,000. New England Private Wealth Advisors LLC acquired a new position in shares of Diversified Healthcare Trust in the 2nd quarter valued at about $62,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Diversified Healthcare Trust in the 1st quarter valued at about $187,000. Finally, Black Maple Capital Management LP purchased a new position in Diversified Healthcare Trust during the first quarter valued at approximately $246,000. Institutional investors and hedge funds own 75.98% of the company’s stock.

Diversified Healthcare Trust Stock Down 1.4 %

Shares of DHC opened at $4.13 on Wednesday. The firm has a market cap of $993.55 million, a P/E ratio of -3.04 and a beta of 2.22. Diversified Healthcare Trust has a 12 month low of $1.68 and a 12 month high of $4.24. The stock’s 50 day moving average is $3.41 and its two-hundred day moving average is $2.92. The company has a current ratio of 11.63, a quick ratio of 11.63 and a debt-to-equity ratio of 1.36.

Diversified Healthcare Trust (NASDAQ:DHC) last issued its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported ($0.41) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.44). The company had revenue of $371.39 million during the quarter, compared to analysts’ expectations of $372.11 million. Diversified Healthcare Trust had a negative return on equity of 15.36% and a negative net margin of 24.14%. During the same period in the previous year, the firm posted $0.05 EPS. Analysts predict that Diversified Healthcare Trust will post 0.2 earnings per share for the current fiscal year.

Diversified Healthcare Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 15th. Investors of record on Monday, July 22nd were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Monday, July 22nd. This represents a $0.04 annualized dividend and a dividend yield of 0.97%. Diversified Healthcare Trust’s dividend payout ratio (DPR) is presently -2.92%.

Analyst Ratings Changes

A number of brokerages have recently commented on DHC. JMP Securities reaffirmed a “market perform” rating on shares of Diversified Healthcare Trust in a research note on Wednesday, August 21st. B. Riley raised their price target on shares of Diversified Healthcare Trust from $5.00 to $6.00 and gave the company a “buy” rating in a research report on Monday, August 5th. Finally, StockNews.com downgraded shares of Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a research report on Saturday, August 31st.

About Diversified Healthcare Trust

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.