RBF Capital LLC Cuts Stock Holdings in Diversified Healthcare Trust $DHC

RBF Capital LLC lowered its stake in shares of Diversified Healthcare Trust (NASDAQ:DHC) by 9.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,144,304 shares of the real estate investment trust’s stock after selling 119,156 shares during the quarter. RBF Capital LLC’s holdings in Diversified Healthcare Trust were worth $5,550,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Carronade Capital Management LP increased its position in shares of Diversified Healthcare Trust by 181.9% during the third quarter. Carronade Capital Management LP now owns 4,561,748 shares of the real estate investment trust’s stock worth $20,117,000 after acquiring an additional 2,943,300 shares during the period. Potomac Capital Management Inc. purchased a new stake in shares of Diversified Healthcare Trust during the fourth quarter worth $970,000. Centersquare Investment Management LLC purchased a new stake in shares of Diversified Healthcare Trust during the third quarter worth $6,383,000. Militia Capital Partners LP purchased a new stake in shares of Diversified Healthcare Trust during the third quarter worth $729,000. Finally, JPMorgan Chase & Co. increased its position in shares of Diversified Healthcare Trust by 12.8% during the third quarter. JPMorgan Chase & Co. now owns 1,041,966 shares of the real estate investment trust’s stock worth $4,595,000 after acquiring an additional 118,003 shares during the period. Hedge funds and other institutional investors own 75.98% of the company’s stock.

Diversified Healthcare Trust Stock Performance

NASDAQ:DHC opened at $8.79 on Wednesday. The firm has a market capitalization of $2.13 billion, a PE ratio of -6.61 and a beta of 2.32. The business’s fifty day moving average price is $8.10 and its 200 day moving average price is $6.70. 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 12 month low of $3.18 and a 12 month high of $9.14.

Diversified Healthcare Trust (NASDAQ:DHC) last posted its earnings results on Monday, May 4th. The real estate investment trust reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.15) by ($0.03). The business had revenue of $366.47 million during the quarter, compared to analysts’ expectations 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. On average, sell-side analysts anticipate that Diversified Healthcare Trust will post 0.6 earnings per share for the current fiscal year.

Diversified Healthcare Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Tuesday, April 21st were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, April 21st. Diversified Healthcare Trust’s dividend payout ratio is currently -3.01%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Wall Street Zen lowered Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Freedom Capital raised Diversified Healthcare Trust to a “strong-buy” rating in a report on Thursday, April 30th. Maxim Group increased their target price on Diversified Healthcare Trust from $10.00 to $10.50 and gave the company a “buy” rating in a report on Wednesday, June 3rd. B. Riley Financial increased their target price 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, Royal Bank Of Canada increased their target price 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. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $9.17.

Diversified Healthcare Trust Company 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.