UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Raises Stock Position in Diversified Healthcare Trust (NASDAQ:DHC)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Diversified Healthcare Trust (NASDAQ:DHC) by 41.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 384,477 shares of the real estate investment trust’s stock after purchasing an additional 112,701 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.16% of Diversified Healthcare Trust worth $884,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Diversified Healthcare Trust by 4.1% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 125,212 shares of the real estate investment trust’s stock worth $288,000 after purchasing an additional 4,931 shares during the period. State of Wyoming increased its stake in shares of Diversified Healthcare Trust by 15.2% during the fourth quarter. State of Wyoming now owns 54,284 shares of the real estate investment trust’s stock worth $125,000 after buying an additional 7,175 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in Diversified Healthcare Trust by 7.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 158,033 shares of the real estate investment trust’s stock valued at $364,000 after acquiring an additional 11,435 shares in the last quarter. Quantbot Technologies LP raised its holdings in Diversified Healthcare Trust by 64.4% in the fourth quarter. Quantbot Technologies LP now owns 34,175 shares of the real estate investment trust’s stock valued at $79,000 after acquiring an additional 13,388 shares in the last quarter. Finally, Southport Management L.L.C. raised its holdings in Diversified Healthcare Trust by 20.0% in the fourth quarter. Southport Management L.L.C. now owns 90,000 shares of the real estate investment trust’s stock valued at $207,000 after acquiring an additional 15,000 shares in the last quarter. 75.98% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on DHC. B. Riley began coverage on shares of Diversified Healthcare Trust in a report on Thursday, April 3rd. They issued a “buy” rating and a $4.50 target price on the stock. Wall Street Zen raised shares of Diversified Healthcare Trust from a “sell” rating to a “hold” rating in a report on Thursday, April 10th.

Diversified Healthcare Trust Stock Down 1.2%

Shares of NASDAQ:DHC opened at $3.35 on Wednesday. The firm’s 50 day moving average price is $2.70 and its 200 day moving average price is $2.54. The stock has a market cap of $808.19 million, a price-to-earnings ratio of -2.08 and a beta of 2.45. Diversified Healthcare Trust has a fifty-two week low of $2.00 and a fifty-two week high of $4.24. The company has a quick ratio of 11.57, a current ratio of 11.57 and a debt-to-equity ratio of 1.44.

Diversified Healthcare Trust (NASDAQ:DHC) last announced its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $0.06 EPS for the quarter, beating the consensus estimate of $0.04 by $0.02. The company had revenue of $386.86 million for the quarter, compared to analyst estimates of $381.19 million. Diversified Healthcare Trust had a negative net margin of 26.09% and a negative return on equity of 17.55%.

Diversified Healthcare Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Tuesday, April 22nd were paid a $0.01 dividend. The ex-dividend date of this dividend was Tuesday, April 22nd. This represents a $0.04 annualized dividend and a yield of 1.19%. Diversified Healthcare Trust’s dividend payout ratio is currently -3.28%.

Diversified Healthcare Trust Company Profile

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.