Arini Captial Management Ltd acquired a new stake in Diversified Healthcare Trust (NASDAQ:DHC – Free Report) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 2,969,128 shares of the real estate investment trust’s stock, valued at approximately $14,400,000. Diversified Healthcare Trust accounts for approximately 9.6% of Arini Captial Management Ltd’s portfolio, making the stock its 4th largest holding.
Other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in Diversified Healthcare Trust by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 19,768,282 shares of the real estate investment trust’s stock valued at $95,876,000 after purchasing an additional 205,285 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Diversified Healthcare Trust by 13.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,108,830 shares of the real estate investment trust’s stock valued at $24,778,000 after purchasing an additional 619,750 shares during the last quarter. Carronade Capital Management LP lifted its position in Diversified Healthcare Trust by 4.4% in the fourth quarter. Carronade Capital Management LP now owns 4,763,537 shares of the real estate investment trust’s stock valued at $23,103,000 after purchasing an additional 201,789 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Diversified Healthcare Trust by 158.9% in the first quarter. Goldman Sachs Group Inc. now owns 3,862,334 shares of the real estate investment trust’s stock valued at $9,270,000 after purchasing an additional 2,370,459 shares during the last quarter. Finally, Centersquare Investment Management LLC lifted its position in Diversified Healthcare Trust by 123.1% in the fourth quarter. Centersquare Investment Management LLC now owns 3,229,172 shares of the real estate investment trust’s stock valued at $15,661,000 after purchasing an additional 1,781,839 shares during the last quarter. Hedge funds and other institutional investors own 75.98% of the company’s stock.
Wall Street Analysts Forecast Growth
DHC has been the subject of several recent research reports. Maxim Group boosted their price objective on Diversified Healthcare Trust from $10.00 to $10.50 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Diversified Healthcare Trust in a research report on Monday, April 20th. Freedom Capital upgraded Diversified Healthcare Trust to a “strong-buy” rating in a research report on Thursday, April 30th. B. Riley Financial boosted their price target on Diversified Healthcare Trust from $8.50 to $11.00 and gave the company a “buy” rating in a report on Tuesday, June 9th. Finally, Wall Street Zen lowered Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Diversified Healthcare Trust has an average rating of “Moderate Buy” and a consensus target price of $9.17.
Diversified Healthcare Trust Trading Down 2.3%
DHC opened at $8.59 on Thursday. The business has a 50 day simple moving average of $8.13 and a two-hundred day simple moving average of $6.72. The firm has a market capitalization of $2.08 billion, a price-to-earnings ratio of -6.46 and a beta of 2.32. The company has a debt-to-equity ratio of 1.48, a current ratio of 5.36 and a quick ratio of 5.36. Diversified Healthcare Trust has a one year low of $3.18 and a one year high of $9.14.
Diversified Healthcare Trust (NASDAQ:DHC – Get Free Report) last announced its earnings results on Monday, May 4th. The real estate investment trust reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.03). The company had revenue of $366.47 million for the quarter, compared to the consensus estimate of $380.18 million. Diversified Healthcare Trust had a negative net margin of 21.10% and a negative return on equity of 18.75%. Diversified Healthcare Trust has set its FY 2026 guidance at 0.520-0.580 EPS. Analysts predict that Diversified Healthcare Trust will post 0.6 EPS for the current year.
Diversified Healthcare Trust Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Tuesday, April 21st were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Tuesday, April 21st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.5%. Diversified Healthcare Trust’s payout ratio is presently -3.01%.
About Diversified Healthcare Trust
Diversified Healthcare Trust is a real estate investment trust (REIT) specializing in the acquisition, ownership and management of healthcare properties across the United States. The company focuses on assets that serve the senior housing and post-acute care sectors, including skilled nursing facilities, assisted living communities, memory care centers and medical office buildings. By partnering with experienced operators, Diversified Healthcare Trust aims to generate stable, long-term cash flows through triple-net leases and percentage rent structures tailored to each property type.
The company’s portfolio spans multiple states and encompasses a mix of single-tenant and multi-tenant properties.
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