Diversified Healthcare Trust (NASDAQ:DHC) Stock Holdings Boosted by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. increased its position in Diversified Healthcare Trust (NASDAQ:DHC) by 7.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 278,500 shares of the real estate investment trust’s stock after acquiring an additional 18,800 shares during the period. Nomura Asset Management Co. Ltd. owned approximately 0.12% of Diversified Healthcare Trust worth $1,167,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. New England Private Wealth Advisors LLC bought a new position in shares of Diversified Healthcare Trust in the second quarter worth $62,000. XTX Topco Ltd acquired a new stake in Diversified Healthcare Trust in the second quarter worth about $74,000. Creative Planning grew its position in Diversified Healthcare Trust by 14.1% in the 3rd quarter. Creative Planning now owns 22,401 shares of the real estate investment trust’s stock valued at $94,000 after buying an additional 2,767 shares in the last quarter. Metis Global Partners LLC increased its stake in Diversified Healthcare Trust by 38.8% during the 3rd quarter. Metis Global Partners LLC now owns 23,610 shares of the real estate investment trust’s stock valued at $99,000 after buying an additional 6,603 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of Diversified Healthcare Trust by 68.9% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 40,340 shares of the real estate investment trust’s stock worth $169,000 after buying an additional 16,456 shares in the last quarter. 75.98% of the stock is currently owned by institutional investors.

Diversified Healthcare Trust Stock Performance

Shares of DHC opened at $2.44 on Friday. Diversified Healthcare Trust has a 12-month low of $2.19 and a 12-month high of $4.24. The stock has a market capitalization of $588.70 million, a P/E ratio of -1.52 and a beta of 2.17. The firm’s 50 day moving average is $3.00 and its 200-day moving average is $3.16. The company has a debt-to-equity ratio of 1.44, a current ratio of 11.57 and a quick ratio of 11.57.

Diversified Healthcare Trust (NASDAQ:DHC) last posted its quarterly earnings results on Monday, November 4th. The real estate investment trust reported ($0.41) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.46). Diversified Healthcare Trust had a negative return on equity of 17.55% and a negative net margin of 26.09%. The business had revenue of $373.64 million during the quarter, compared to analyst estimates of $376.80 million. During the same quarter last year, the firm posted $0.03 EPS. Equities research analysts anticipate that Diversified Healthcare Trust will post 0.05 EPS for the current fiscal year.

Diversified Healthcare Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, November 14th. Stockholders of record on Monday, October 28th were given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date of this dividend was Monday, October 28th. Diversified Healthcare Trust’s dividend payout ratio (DPR) is presently -2.48%.

Analyst Upgrades and Downgrades

DHC has been the subject of several recent analyst reports. StockNews.com upgraded shares of Diversified Healthcare Trust from a “sell” rating to a “hold” rating in a report on Friday, November 8th. JMP Securities reiterated a “market perform” rating on shares of Diversified Healthcare Trust in a research report on Wednesday, August 21st. Finally, Royal Bank of Canada boosted their price objective on Diversified Healthcare Trust from $2.00 to $3.00 and gave the stock an “underperform” rating in a research note on Monday, October 14th.

Diversified Healthcare Trust Company Profile

DHC is a real estate investment trust, or REIT, focused on owning high-quality healthcare properties located throughout the United States. DHC seeks diversification across the health services spectrum by care delivery and practice type, by scientific research disciplines and by property type and location.