Centersquare Investment Management LLC Purchases 1,781,839 Shares of Diversified Healthcare Trust $DHC

Centersquare Investment Management LLC raised its position in shares of Diversified Healthcare Trust (NASDAQ:DHC) by 123.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 3,229,172 shares of the real estate investment trust’s stock after acquiring an additional 1,781,839 shares during the quarter. Centersquare Investment Management LLC’s holdings in Diversified Healthcare Trust were worth $15,661,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of DHC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Diversified Healthcare Trust by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 130,756 shares of the real estate investment trust’s stock valued at $314,000 after purchasing an additional 5,544 shares during the period. Goldman Sachs Group Inc. grew its holdings in Diversified Healthcare Trust by 158.9% during 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 period. Strs Ohio bought a new position in Diversified Healthcare Trust during the first quarter valued at $103,000. JPMorgan Chase & Co. grew its holdings in Diversified Healthcare Trust by 10.1% during the second quarter. JPMorgan Chase & Co. now owns 923,963 shares of the real estate investment trust’s stock valued at $3,308,000 after purchasing an additional 84,572 shares during the period. Finally, Rhumbline Advisers grew its holdings in Diversified Healthcare Trust by 1.9% during the second quarter. Rhumbline Advisers now owns 388,581 shares of the real estate investment trust’s stock valued at $1,391,000 after purchasing an additional 7,084 shares during the period. 75.98% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DHC has been the subject of several research reports. Freedom Capital raised Diversified Healthcare Trust to a “strong-buy” rating in a report on Thursday, April 30th. Royal Bank Of Canada increased their price objective on Diversified Healthcare Trust from $5.00 to $6.00 and gave the company a “sector perform” rating in a report on Monday, March 2nd. B. Riley Financial increased their price objective on Diversified Healthcare Trust from $8.50 to $11.00 and gave the company a “buy” rating in a report on Tuesday. Maxim Group raised their price target on Diversified Healthcare Trust from $10.00 to $10.50 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Finally, Wall Street Zen lowered Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $9.17.

Diversified Healthcare Trust Price Performance

Diversified Healthcare Trust stock opened at $8.80 on Friday. Diversified Healthcare Trust has a one year low of $3.18 and a one year high of $9.14. The business has a fifty day moving average price of $7.97 and a 200-day moving average price of $6.61. The company has a debt-to-equity ratio of 1.48, a current ratio of 5.36 and a quick ratio of 5.36. The firm has a market capitalization of $2.13 billion, a P/E ratio of -6.62 and a beta of 2.32.

Diversified Healthcare Trust (NASDAQ:DHC) last posted its quarterly earnings results on Monday, May 4th. The real estate investment trust reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.03). The company had revenue of $366.47 million during the quarter, compared to the consensus estimate of $380.18 million. Diversified Healthcare Trust had a negative return on equity of 18.75% and a negative net margin of 21.10%.Diversified Healthcare Trust has set its FY 2026 guidance at 0.520-0.580 EPS. As a group, equities research analysts forecast that Diversified Healthcare Trust will post 0.6 EPS for the current year.

Diversified Healthcare Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Tuesday, April 21st were issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, April 21st. Diversified Healthcare Trust’s dividend payout ratio is -3.01%.

Diversified Healthcare Trust Profile

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.