Centersquare Investment Management LLC Raises Position in Diversified Healthcare Trust $DHC

Centersquare Investment Management LLC raised its stake in Diversified Healthcare Trust (NASDAQ:DHC) by 123.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,229,172 shares of the real estate investment trust’s stock after purchasing an additional 1,781,839 shares during the quarter. Centersquare Investment Management LLC owned 1.33% of Diversified Healthcare Trust worth $15,661,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of DHC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Diversified Healthcare Trust by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 130,756 shares of the real estate investment trust’s stock worth $314,000 after purchasing an additional 5,544 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Diversified Healthcare Trust by 158.9% in the first quarter. Goldman Sachs Group Inc. now owns 3,862,334 shares of the real estate investment trust’s stock worth $9,270,000 after purchasing an additional 2,370,459 shares during the last quarter. Strs Ohio purchased a new stake in shares of Diversified Healthcare Trust in the first quarter worth approximately $103,000. JPMorgan Chase & Co. raised its stake in shares of Diversified Healthcare Trust by 10.1% in the second quarter. JPMorgan Chase & Co. now owns 923,963 shares of the real estate investment trust’s stock worth $3,308,000 after purchasing an additional 84,572 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in shares of Diversified Healthcare Trust by 1.9% in the second quarter. Rhumbline Advisers now owns 388,581 shares of the real estate investment trust’s stock worth $1,391,000 after purchasing an additional 7,084 shares during the last quarter. 75.98% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DHC has been the subject of several analyst reports. Zacks Research raised Diversified Healthcare Trust from a “strong sell” rating to a “hold” rating in a research note on Friday, February 20th. Freedom Capital raised Diversified Healthcare Trust to a “strong-buy” rating in a report on Thursday, April 30th. Maxim Group upped their target price on Diversified Healthcare Trust from $10.00 to $10.50 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Diversified Healthcare Trust in a report on Monday, April 20th. Finally, Wall Street Zen lowered Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $9.17.

Diversified Healthcare Trust Stock Performance

DHC stock opened at $8.80 on Friday. The firm has a market cap of $2.13 billion, a PE ratio of -6.62 and a beta of 2.32. The company has a quick ratio of 5.36, a current ratio of 5.36 and a debt-to-equity ratio of 1.48. The business has a 50 day moving average of $7.97 and a 200-day moving average of $6.61. Diversified Healthcare Trust has a 12-month low of $3.18 and a 12-month high of $9.14.

Diversified Healthcare Trust (NASDAQ:DHC) last released its earnings results on Monday, May 4th. The real estate investment trust reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by ($0.03). The business had revenue of $366.47 million during the quarter, compared to the consensus estimate of $380.18 million. Diversified Healthcare Trust had a negative net margin of 21.10% and a negative return on equity of 18.75%. Diversified Healthcare Trust has set its FY 2026 guidance at 0.520-0.580 EPS. As a group, sell-side analysts expect that Diversified Healthcare Trust will post 0.6 earnings per share for the current year.

Diversified Healthcare Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Tuesday, April 21st were issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, April 21st. Diversified Healthcare Trust’s dividend payout ratio is -3.01%.

About Diversified Healthcare Trust

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.