SG Americas Securities LLC Purchases 41,489 Shares of Diversified Healthcare Trust (NASDAQ:DHC)

SG Americas Securities LLC lifted its position in Diversified Healthcare Trust (NASDAQ:DHC) by 55.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 116,782 shares of the real estate investment trust’s stock after buying an additional 41,489 shares during the period. SG Americas Securities LLC’s holdings in Diversified Healthcare Trust were worth $269,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of DHC. Barclays PLC boosted its position in Diversified Healthcare Trust by 310.2% in the third quarter. Barclays PLC now owns 324,514 shares of the real estate investment trust’s stock worth $1,360,000 after purchasing an additional 245,405 shares during the last quarter. Anson Funds Management LP bought a new position in shares of Diversified Healthcare Trust in the 3rd quarter worth approximately $2,995,000. RBF Capital LLC boosted its holdings in shares of Diversified Healthcare Trust by 433.1% in the third quarter. RBF Capital LLC now owns 1,300,000 shares of the real estate investment trust’s stock worth $5,447,000 after buying an additional 1,056,131 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Diversified Healthcare Trust by 51.4% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 271,776 shares of the real estate investment trust’s stock valued at $1,139,000 after buying an additional 92,287 shares during the period. Finally, Intech Investment Management LLC purchased a new stake in Diversified Healthcare Trust during the third quarter valued at approximately $187,000. Institutional investors own 75.98% of the company’s stock.

Diversified Healthcare Trust Price Performance

NASDAQ DHC opened at $2.64 on Thursday. The company has a current ratio of 11.57, a quick ratio of 11.57 and a debt-to-equity ratio of 1.44. Diversified Healthcare Trust has a 12 month low of $2.01 and a 12 month high of $4.24. The stock has a market cap of $636.95 million, a price-to-earnings ratio of -1.64 and a beta of 2.17. The company’s 50 day moving average is $2.32 and its two-hundred day moving average is $2.97.

Diversified Healthcare Trust (NASDAQ:DHC) last announced its quarterly earnings data on Monday, November 4th. The real estate investment trust reported ($0.41) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $373.64 million during the quarter, compared to analysts’ expectations of $376.80 million. During the same period last year, the company earned $0.03 earnings per share.

Diversified Healthcare Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Monday, January 27th will be paid a $0.01 dividend. The ex-dividend date of this dividend is Monday, January 27th. This represents a $0.04 dividend on an annualized basis and a yield of 1.52%. Diversified Healthcare Trust’s payout ratio is presently -2.48%.

Analyst Ratings Changes

Several research analysts have recently weighed in on DHC shares. Royal Bank of Canada lifted their price target on shares of Diversified Healthcare Trust from $2.00 to $3.00 and gave the stock an “underperform” rating in a research note on Monday, October 14th. StockNews.com upgraded Diversified Healthcare Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, January 29th.

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.