Diversified Healthcare Trust (NASDAQ:DHC) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its holdings in shares of Diversified Healthcare Trust (NASDAQ:DHC - Free Report) by 4.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,060,326 shares of the real estate investment trust's stock after acquiring an additional 89,415 shares during the period. Dimensional Fund Advisors LP owned about 0.85% of Diversified Healthcare Trust worth $4,738,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CANADA LIFE ASSURANCE Co boosted its holdings in shares of Diversified Healthcare Trust by 10.7% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 244,615 shares of the real estate investment trust's stock valued at $561,000 after buying an additional 23,706 shares in the last quarter. XTX Topco Ltd bought a new stake in shares of Diversified Healthcare Trust in the 4th quarter valued at about $360,000. Barclays PLC boosted its holdings in shares of Diversified Healthcare Trust by 12.2% in the 4th quarter. Barclays PLC now owns 364,065 shares of the real estate investment trust's stock valued at $838,000 after buying an additional 39,551 shares in the last quarter. Invesco Ltd. boosted its stake in Diversified Healthcare Trust by 5.0% in the 4th quarter. Invesco Ltd. now owns 772,528 shares of the real estate investment trust's stock worth $1,777,000 after purchasing an additional 36,949 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in Diversified Healthcare Trust by 43.7% in the 4th quarter. Russell Investments Group Ltd. now owns 306,211 shares of the real estate investment trust's stock worth $704,000 after purchasing an additional 93,096 shares in the last quarter. 75.98% of the stock is currently owned by institutional investors.

Diversified Healthcare Trust Price Performance

DHC traded up $0.09 on Friday, hitting $3.13. 1,184,972 shares of the company's stock were exchanged, compared to its average volume of 1,004,319. 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 current ratio of 11.57, a quick ratio of 11.57 and a debt-to-equity ratio of 1.44. The firm has a 50-day moving average price of $2.46 and a 200-day moving average price of $2.47. The stock has a market cap of $755.12 million, a price-to-earnings ratio of -1.94 and a beta of 2.37.

Diversified Healthcare Trust (NASDAQ:DHC - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.02. 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 $386.86 million for the quarter, compared to analysts' expectations of $381.19 million.

Diversified Healthcare Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Tuesday, April 22nd were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Tuesday, April 22nd. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.28%. Diversified Healthcare Trust's payout ratio is -3.28%.

Analyst Ratings Changes

A number of analysts recently commented on the stock. B. Riley assumed coverage on shares of Diversified Healthcare Trust in a research note on Thursday, April 3rd. They issued a "buy" rating and a $4.50 target price for the company. StockNews.com raised shares of Diversified Healthcare Trust from a "sell" rating to a "hold" rating in a research report on Thursday, April 10th.

Diversified Healthcare Trust 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.