Diversified Healthcare Trust $DHC Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC cut its position in shares of Diversified Healthcare Trust (NASDAQ:DHCFree Report) by 28.0% in the 1st quarter, HoldingsChannel.com reports. The fund owned 155,237 shares of the real estate investment trust’s stock after selling 60,301 shares during the period. SG Americas Securities LLC’s holdings in Diversified Healthcare Trust were worth $1,031,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of DHC. Arini Captial Management Ltd acquired a new position in shares of Diversified Healthcare Trust in the 4th quarter valued at about $14,400,000. Carronade Capital Management LP raised its holdings in Diversified Healthcare Trust by 181.9% in the third quarter. Carronade Capital Management LP now owns 4,561,748 shares of the real estate investment trust’s stock valued at $20,117,000 after buying an additional 2,943,300 shares during the period. Goldman Sachs Group Inc. raised its holdings 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 buying an additional 2,370,459 shares during the period. Centersquare Investment Management LLC raised its holdings 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 buying an additional 1,781,839 shares during the period. Finally, Cibc World Markets Corp acquired a new position in Diversified Healthcare Trust during the fourth quarter valued at approximately $4,484,000. 75.98% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DHC has been the subject of several recent research reports. B. Riley Financial increased their price objective on shares of Diversified Healthcare Trust from $8.50 to $11.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Freedom Capital upgraded shares of Diversified Healthcare Trust to a “strong-buy” rating in a report on Thursday, April 30th. Royal Bank Of Canada upped their price target on shares of Diversified Healthcare Trust from $6.00 to $8.00 and gave the stock a “sector perform” rating in a research report on Thursday, June 18th. Wall Street Zen downgraded Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Finally, Maxim Group raised 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. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Diversified Healthcare Trust has an average rating of “Moderate Buy” and an average target price of $9.83.

Check Out Our Latest Research Report on Diversified Healthcare Trust

Diversified Healthcare Trust Stock Performance

Diversified Healthcare Trust stock opened at $9.23 on Friday. The firm has a market capitalization of $2.23 billion, a PE ratio of -6.94 and a beta of 2.28. Diversified Healthcare Trust has a one year low of $3.18 and a one year high of $9.66. The stock’s 50 day moving average price is $8.62 and its 200 day moving average price is $7.08. The company has a debt-to-equity ratio of 1.48, a quick ratio of 5.36 and a current ratio of 5.36.

Diversified Healthcare Trust (NASDAQ:DHCGet Free Report) last issued its quarterly earnings data on Monday, May 4th. The real estate investment trust reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by ($0.03). The firm had revenue of $366.47 million during the quarter, compared to analyst estimates 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. As a group, sell-side analysts expect that Diversified Healthcare Trust will post 0.6 EPS for the current fiscal year.

Diversified Healthcare Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Tuesday, April 21st were paid a $0.01 dividend. The ex-dividend date was Tuesday, April 21st. This represents a $0.04 annualized dividend and a dividend yield of 0.4%. Diversified Healthcare Trust’s dividend payout ratio is -3.01%.

Diversified Healthcare Trust Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Diversified Healthcare Trust (NASDAQ:DHC)

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