Diversified Healthcare Trust (NASDAQ:DHC) Shares Sold by Caxton Associates LP

Caxton Associates LP cut its holdings in shares of Diversified Healthcare Trust (NASDAQ:DHC - Free Report) by 53.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 77,668 shares of the real estate investment trust's stock after selling 88,059 shares during the quarter. Caxton Associates LP's holdings in Diversified Healthcare Trust were worth $179,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. BlackBarn Capital Partners LP increased its holdings in shares of Diversified Healthcare Trust by 41.8% during the 4th quarter. BlackBarn Capital Partners LP now owns 6,250,000 shares of the real estate investment trust's stock valued at $14,375,000 after purchasing an additional 1,841,503 shares in the last quarter. Geode Capital Management LLC grew its stake in Diversified Healthcare Trust by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 5,696,513 shares of the real estate investment trust's stock valued at $13,105,000 after acquiring an additional 29,062 shares during the period. Northern Trust Corp grew its stake in Diversified Healthcare Trust by 9.6% in the 4th quarter. Northern Trust Corp now owns 2,134,083 shares of the real estate investment trust's stock valued at $4,908,000 after acquiring an additional 187,208 shares during the period. Dimensional Fund Advisors LP grew its stake in Diversified Healthcare Trust by 4.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,060,326 shares of the real estate investment trust's stock valued at $4,738,000 after acquiring an additional 89,415 shares during the period. Finally, Prudential Financial Inc. grew its stake in Diversified Healthcare Trust by 15.4% in the 4th quarter. Prudential Financial Inc. now owns 1,804,078 shares of the real estate investment trust's stock valued at $4,149,000 after acquiring an additional 241,400 shares during the period. 75.98% of the stock is owned by hedge funds and other institutional investors.

Diversified Healthcare Trust Stock Down 1.0%

Shares of DHC traded down $0.03 during mid-day trading on Monday, hitting $2.99. 801,973 shares of the company's stock were exchanged, compared to its average volume of 1,006,326. The company has a market cap of $721.30 million, a price-to-earnings ratio of -1.86 and a beta of 2.37. 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 debt-to-equity ratio of 1.44, a quick ratio of 11.57 and a current ratio of 11.57. The stock's 50-day moving average is $2.42 and its 200-day moving average is $2.49.

Diversified Healthcare Trust (NASDAQ:DHC - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $0.06 earnings per share (EPS) for the quarter, topping 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 business 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 disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Tuesday, April 22nd will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 1.34%. The ex-dividend date is Tuesday, April 22nd. Diversified Healthcare Trust's payout ratio is currently -3.28%.

Wall Street Analysts Forecast Growth

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

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.