American Century Companies Inc. Invests $202,000 in Diversified Healthcare Trust $DHC

American Century Companies Inc. purchased a new stake in Diversified Healthcare Trust (NASDAQ:DHC - Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 83,979 shares of the real estate investment trust's stock, valued at approximately $202,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DHC. Chicago Partners Investment Group LLC bought a new stake in Diversified Healthcare Trust during the 1st quarter worth about $34,000. Ground Swell Capital LLC bought a new stake in Diversified Healthcare Trust during the 1st quarter worth about $45,000. Teacher Retirement System of Texas bought a new stake in Diversified Healthcare Trust during the 1st quarter worth about $59,000. BNP Paribas Financial Markets bought a new stake in Diversified Healthcare Trust during the 4th quarter worth about $65,000. Finally, Abacus Planning Group Inc. bought a new stake in Diversified Healthcare Trust during the 1st quarter worth about $92,000. 75.98% of the stock is owned by institutional investors.

Diversified Healthcare Trust Trading Down 1.8%

Shares of Diversified Healthcare Trust stock traded down $0.08 during trading on Friday, hitting $4.45. 697,667 shares of the company were exchanged, compared to its average volume of 692,644. The firm has a market capitalization of $1.07 billion, a P/E ratio of -3.74 and a beta of 2.62. Diversified Healthcare Trust has a 1-year low of $2.00 and a 1-year high of $4.56. The firm's fifty day moving average price is $3.66 and its 200 day moving average price is $3.12. The company has a debt-to-equity ratio of 1.42, a current ratio of 6.35 and a quick ratio of 6.35.

Diversified Healthcare Trust (NASDAQ:DHC - Get Free Report) last posted its earnings results on Monday, August 4th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.08. The company had revenue of $382.71 million during the quarter, compared to analyst estimates of $382.74 million. Diversified Healthcare Trust had a negative return on equity of 14.69% and a negative net margin of 18.83%.

Diversified Healthcare Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Monday, July 21st were given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Monday, July 21st. Diversified Healthcare Trust's payout ratio is presently -3.36%.

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.