Commonwealth of Pennsylvania Public School Empls Retrmt SYS Makes New $656,000 Investment in Diversified Healthcare Trust $DHC

Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of Diversified Healthcare Trust (NASDAQ:DHC) in the first quarter, Holdings Channel reports. The firm bought 98,774 shares of the real estate investment trust’s stock, valued at approximately $656,000.

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

Analyst Ratings Changes

DHC has been the subject of a number of research reports. Wall Street Zen downgraded Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Maxim Group boosted their price target on shares of 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. Royal Bank Of Canada upped their target price on shares of Diversified Healthcare Trust from $6.00 to $8.00 and gave the company a “sector perform” rating in a research note on Thursday, June 18th. Finally, Freedom Capital upgraded shares of Diversified Healthcare Trust to a “strong-buy” rating in a research note on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $9.83.

Diversified Healthcare Trust Trading Down 0.7%

DHC opened at $9.16 on Friday. The company has a current ratio of 5.36, a quick ratio of 5.36 and a debt-to-equity ratio of 1.48. The stock has a market capitalization of $2.22 billion, a PE 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. The firm has a 50-day moving average price of $8.86 and a two-hundred day moving average price of $7.37.

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

Diversified Healthcare Trust Dividend Announcement

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

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.