RBF Capital LLC Sells 177,475 Shares of Diversified Healthcare Trust $DHC

RBF Capital LLC reduced its stake in shares of Diversified Healthcare Trust (NASDAQ:DHC) by 15.5% in the first quarter, Holdings Channel reports. The firm owned 966,829 shares of the real estate investment trust’s stock after selling 177,475 shares during the period. RBF Capital LLC’s holdings in Diversified Healthcare Trust were worth $6,420,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Metis Global Partners LLC lifted its holdings in Diversified Healthcare Trust by 5.3% during the 4th quarter. Metis Global Partners LLC now owns 51,564 shares of the real estate investment trust’s stock valued at $250,000 after buying an additional 2,595 shares in the last quarter. ProShare Advisors LLC boosted its position in Diversified Healthcare Trust by 7.0% in the 4th quarter. ProShare Advisors LLC now owns 40,167 shares of the real estate investment trust’s stock valued at $195,000 after buying an additional 2,616 shares during the period. Corient Private Wealth LLC grew its stake in Diversified Healthcare Trust by 24.1% in the 4th quarter. Corient Private Wealth LLC now owns 15,664 shares of the real estate investment trust’s stock worth $76,000 after acquiring an additional 3,043 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al grew its stake in Diversified Healthcare Trust by 20.6% in the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 20,500 shares of the real estate investment trust’s stock worth $99,000 after acquiring an additional 3,500 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its position in shares of Diversified Healthcare Trust by 4.8% during the fourth quarter. Daiwa Securities Group Inc. now owns 82,348 shares of the real estate investment trust’s stock worth $399,000 after acquiring an additional 3,803 shares during the period. 75.98% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

DHC has been the subject of several research analyst reports. Royal Bank Of Canada lifted their price target on shares of Diversified Healthcare Trust from $6.00 to $8.00 and gave the company a “sector perform” rating in a research note on Thursday, June 18th. Maxim Group increased their price objective on Diversified Healthcare Trust from $10.00 to $10.50 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Wall Street Zen downgraded Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Freedom Capital raised Diversified Healthcare Trust to a “strong-buy” rating in a research report on Thursday, April 30th. Finally, B. Riley Financial lifted their target price on Diversified Healthcare Trust from $8.50 to $11.00 and gave the company a “buy” rating in a research report on Tuesday, June 9th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $9.83.

Diversified Healthcare Trust Stock Down 3.7%

Shares of Diversified Healthcare Trust stock opened at $8.89 on Thursday. The company has a debt-to-equity ratio of 1.48, a current ratio of 5.36 and a quick ratio of 5.36. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of -6.68 and a beta of 2.28. The firm’s 50-day moving average is $8.97 and its two-hundred day moving average is $7.62. Diversified Healthcare Trust has a 1 year low of $3.18 and a 1 year high of $9.66.

Diversified Healthcare Trust (NASDAQ:DHC) last posted 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). Diversified Healthcare Trust had a negative net margin of 21.10% and a negative return on equity of 18.75%. The business had revenue of $366.47 million during the quarter, compared to the consensus estimate of $380.18 million. Diversified Healthcare Trust has set its FY 2026 guidance at 0.520-0.580 EPS. As a group, research analysts expect that Diversified Healthcare Trust will post 0.6 earnings per share for the current fiscal year.

Diversified Healthcare Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Monday, July 20th will be issued a dividend of $0.01 per share. 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%.

Diversified Healthcare Trust 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.