Diversified Healthcare Trust (NASDAQ:DHC) Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Diversified Healthcare Trust (NASDAQ:DHC - Free Report) by 41.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 384,477 shares of the real estate investment trust's stock after purchasing an additional 112,701 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.16% of Diversified Healthcare Trust worth $884,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. Deerfield Management Company L.P. Series C purchased a new stake in shares of Diversified Healthcare Trust in the fourth quarter valued at about $36,000. Boothbay Fund Management LLC acquired a new position in shares of Diversified Healthcare Trust during the 4th quarter worth approximately $41,000. Proficio Capital Partners LLC purchased a new stake in Diversified Healthcare Trust in the 4th quarter valued at approximately $44,000. RPO LLC acquired a new stake in Diversified Healthcare Trust during the 4th quarter valued at $54,000. Finally, BNP Paribas Financial Markets acquired a new stake in Diversified Healthcare Trust during the 4th quarter valued at $65,000. 75.98% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DHC has been the subject of a number of analyst reports. Wall Street Zen raised Diversified Healthcare Trust from a "sell" rating to a "hold" rating in a report on Thursday, April 10th. 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.

Diversified Healthcare Trust Trading Up 0.9%

DHC stock traded up $0.03 during midday trading on Thursday, hitting $3.40. The stock had a trading volume of 136,481 shares, compared to its average volume of 982,215. The company's 50-day moving average price is $2.72 and its 200 day moving average price is $2.54. The company has a debt-to-equity ratio of 1.44, a current ratio of 11.57 and a quick ratio of 11.57. The firm has a market cap of $820.25 million, a PE ratio of -2.11 and a beta of 2.45. Diversified Healthcare Trust has a 12-month low of $2.00 and a 12-month high of $4.24.

Diversified Healthcare Trust (NASDAQ:DHC - Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $386.86 million for the quarter, compared to analysts' expectations of $381.19 million. Diversified Healthcare Trust had a negative return on equity of 17.55% and a negative net margin of 26.09%.

Diversified Healthcare Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Tuesday, April 22nd were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 1.18%. The ex-dividend date was Tuesday, April 22nd. Diversified Healthcare Trust's dividend payout ratio (DPR) is -3.28%.

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.