98,774 Shares in Diversified Healthcare Trust $DHC Purchased by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Diversified Healthcare Trust (NASDAQ:DHC) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 98,774 shares of the real estate investment trust’s stock, valued at approximately $656,000.

Several other institutional investors have also recently modified their holdings of DHC. Raymond James Financial Inc. purchased a new stake in Diversified Healthcare Trust in the 2nd quarter worth approximately $28,000. Summit Securities Group LLC acquired a new stake in shares of Diversified Healthcare Trust during the 1st quarter worth $31,000. CWM LLC raised its position in shares of Diversified Healthcare Trust by 174.5% in the 4th quarter. CWM LLC now owns 6,555 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 4,167 shares during the period. Mercer Global Advisors Inc. ADV acquired a new stake in Diversified Healthcare Trust during the 4th quarter worth approximately $49,000. Finally, L2 Asset Management LLC purchased a new position in Diversified Healthcare Trust in the fourth quarter valued at approximately $49,000. 75.98% of the stock is currently owned by institutional investors and hedge funds.

Diversified Healthcare Trust Stock Performance

DHC opened at $9.16 on Friday. The business has a 50 day moving average price of $8.86 and a two-hundred day moving average price of $7.37. The company has a debt-to-equity ratio of 1.48, a current ratio of 5.36 and a quick ratio of 5.36. The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of -6.89 and a beta of 2.28. Diversified Healthcare Trust has a 1-year low of $3.18 and a 1-year high of $9.66.

Diversified Healthcare Trust (NASDAQ:DHC) last posted its quarterly earnings data on Monday, May 4th. The real estate investment trust reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.03). Diversified Healthcare Trust had a negative return on equity of 18.75% and a negative net margin of 21.10%.The firm had revenue of $366.47 million during the quarter, compared to the consensus estimate of $380.18 million. Diversified Healthcare Trust has set its FY 2026 guidance at 0.520-0.580 EPS. Research analysts predict that Diversified Healthcare Trust will post 0.6 EPS for the current fiscal year.

Diversified Healthcare Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Monday, July 20th will be paid a dividend of $0.01 per share. The ex-dividend date of this dividend is Monday, July 20th. This represents a $0.04 dividend on an annualized basis and a yield of 0.4%. Diversified Healthcare Trust’s dividend payout ratio is currently -3.01%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Diversified Healthcare Trust in a report on Monday, April 20th. B. Riley Financial upped their price target on Diversified Healthcare Trust from $8.50 to $11.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. Maxim Group increased their price objective on shares of Diversified Healthcare Trust from $10.00 to $10.50 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Wall Street Zen cut Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, Royal Bank Of Canada raised their price objective on shares of Diversified Healthcare Trust from $6.00 to $8.00 and gave the stock a “sector perform” rating in a report on Thursday, June 18th. One equities research 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $9.83.

Diversified Healthcare Trust Profile

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.