23,557 Shares in Diversified Healthcare Trust (NASDAQ:DHC) Bought by Rpo LLC

Rpo LLC purchased a new stake in Diversified Healthcare Trust (NASDAQ:DHC) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,557 shares of the real estate investment trust’s stock, valued at approximately $54,000.

A number of other large investors have also recently added to or reduced their stakes in DHC. RBF Capital LLC grew its position in shares of Diversified Healthcare Trust by 433.1% in the 3rd quarter. RBF Capital LLC now owns 1,300,000 shares of the real estate investment trust’s stock worth $5,447,000 after acquiring an additional 1,056,131 shares in the last quarter. Anson Funds Management LP acquired a new position in Diversified Healthcare Trust in the third quarter worth $2,995,000. Jacobs Levy Equity Management Inc. acquired a new position in Diversified Healthcare Trust in the third quarter worth $2,197,000. Cibc World Markets Corp acquired a new stake in shares of Diversified Healthcare Trust during the fourth quarter worth $990,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of Diversified Healthcare Trust by 42.8% during the fourth quarter. JPMorgan Chase & Co. now owns 1,233,790 shares of the real estate investment trust’s stock worth $2,838,000 after purchasing an additional 369,984 shares during the period. 75.98% of the stock is currently owned by institutional investors.

Diversified Healthcare Trust Stock Performance

DHC stock opened at $2.45 on Thursday. Diversified Healthcare Trust has a 1 year low of $2.01 and a 1 year high of $4.24. The stock has a market capitalization of $591.03 million, a price-to-earnings ratio of -1.52 and a beta of 2.02. The company has a debt-to-equity ratio of 1.44, a quick ratio of 11.57 and a current ratio of 11.57. The stock’s fifty day moving average is $2.56 and its two-hundred day moving average is $2.78.

Diversified Healthcare Trust (NASDAQ:DHC) last posted its earnings results on Tuesday, February 25th. The real estate investment trust reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.29) by $0.31. Diversified Healthcare Trust had a negative net margin of 26.09% and a negative return on equity of 17.55%. The firm had revenue of $379.62 million during the quarter, compared to analyst estimates of $370.97 million.

Diversified Healthcare Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Investors of record on Monday, January 27th were issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date was Monday, January 27th. Diversified Healthcare Trust’s dividend payout ratio (DPR) is -2.60%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Diversified Healthcare Trust from a “sell” rating to a “hold” rating in a research report on Tuesday.

About Diversified Healthcare Trust

Diversified Healthcare Trust is a real estate investment trust, which engages in the ownership of senior living communities, medical office buildings, and wellness centers. It operates through the following segments: Office Portfolio, Senior Housing Operating Portfolio (SHOP), and Non-Segment. The Office Portfolio segment consists of medical office properties leased to medical providers and other medical related businesses, as well as life science properties leased to biotech laboratories and other similar tenants.