214,139 Shares in Diversified Healthcare Trust $DHC Purchased by Militia Capital Management LLC

Militia Capital Management LLC acquired a new position in shares of Diversified Healthcare Trust (NASDAQ:DHC) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 214,139 shares of the real estate investment trust’s stock, valued at approximately $1,422,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Potomac Capital Management Inc. acquired a new position in shares of Diversified Healthcare Trust in the 4th quarter valued at about $970,000. Hsbc Holdings PLC boosted its holdings in shares of Diversified Healthcare Trust by 579.4% during the first quarter. Hsbc Holdings PLC now owns 381,632 shares of the real estate investment trust’s stock worth $2,534,000 after purchasing an additional 325,457 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Diversified Healthcare Trust by 30.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,354,824 shares of the real estate investment trust’s stock worth $15,636,000 after purchasing an additional 552,794 shares during the period. Eversept Partners LP acquired a new stake in shares of Diversified Healthcare Trust during the first quarter worth approximately $1,005,000. Finally, Carronade Capital Management LP grew its position in Diversified Healthcare Trust by 10.6% during the first quarter. Carronade Capital Management LP now owns 5,268,435 shares of the real estate investment trust’s stock valued at $34,982,000 after purchasing an additional 504,898 shares in the last quarter. Hedge funds and other institutional investors own 75.98% of the company’s stock.

Diversified Healthcare Trust Stock Performance

DHC stock opened at $8.90 on Monday. The company has a quick ratio of 5.36, a current ratio of 5.36 and a debt-to-equity ratio of 1.48. The company has a market capitalization of $2.15 billion, a price-to-earnings ratio of -6.69 and a beta of 2.30. Diversified Healthcare Trust has a 12 month low of $3.18 and a 12 month high of $9.66. The firm has a 50 day moving average of $8.97 and a two-hundred day moving average of $7.67.

Diversified Healthcare Trust (NASDAQ:DHC) last announced its quarterly 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 for the quarter, compared to analyst estimates of $380.18 million. Diversified Healthcare Trust had a negative return on equity of 18.75% and a negative net margin of 21.10%. As a group, equities analysts anticipate that Diversified Healthcare Trust will post 0.6 EPS for the current fiscal year.

Diversified Healthcare Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Monday, July 20th will be issued a $0.01 dividend. The ex-dividend date is Monday, July 20th. This represents a $0.04 dividend on an annualized basis and a yield of 0.4%. Diversified Healthcare Trust’s dividend payout ratio is currently -3.01%.

Analyst Ratings Changes

Several research analysts have weighed in on DHC shares. Wall Street Zen lowered shares of Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Weiss Ratings restated a “sell (d-)” rating on shares of Diversified Healthcare Trust in a report on Friday, July 17th. B. Riley Financial boosted their price target on shares of Diversified Healthcare Trust from $8.50 to $11.00 and gave the company a “buy” rating in a report on Tuesday, June 9th. Freedom Capital raised shares of Diversified Healthcare Trust to a “strong-buy” rating in a research note on Thursday, April 30th. Finally, Royal Bank Of Canada increased their price objective on Diversified Healthcare Trust from $6.00 to $8.00 and gave the stock a “sector perform” rating in a report on Thursday, June 18th. One equities research 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $9.83.

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.