Eversept Partners LP Makes New $1 Million Investment in Diversified Healthcare Trust $DHC

Eversept Partners LP bought a new stake in Diversified Healthcare Trust (NASDAQ:DHCFree Report) in the first quarter, HoldingsChannel.com reports. The fund bought 151,283 shares of the real estate investment trust’s stock, valued at approximately $1,005,000.

Several other institutional investors also recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new stake in shares of Diversified Healthcare Trust during the 2nd quarter worth approximately $28,000. Summit Securities Group LLC acquired a new position in Diversified Healthcare Trust during the 1st quarter valued at approximately $31,000. CWM LLC boosted its position in Diversified Healthcare Trust by 174.5% during the 4th quarter. CWM LLC now owns 6,555 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 4,167 shares during the period. KBC Group NV bought a new position in Diversified Healthcare Trust during the 1st quarter worth $35,000. Finally, L2 Asset Management LLC bought a new position in Diversified Healthcare Trust during the 4th quarter worth $49,000. 75.98% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on DHC. Royal Bank Of Canada raised their target price on 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. Weiss Ratings restated a “sell (d-)” rating on shares of Diversified Healthcare Trust in a research report on Friday, July 17th. Freedom Capital upgraded shares of Diversified Healthcare Trust to a “strong-buy” rating in a research report on Thursday, April 30th. B. Riley Financial increased their price objective on shares of Diversified Healthcare Trust from $8.50 to $11.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. Finally, Wall Street Zen downgraded shares of Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $9.83.

Check Out Our Latest Report on Diversified Healthcare Trust

Diversified Healthcare Trust Stock Performance

Shares of DHC stock opened at $9.41 on Tuesday. Diversified Healthcare Trust has a 12-month low of $3.18 and a 12-month high of $9.66. 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 firm has a market capitalization of $2.28 billion, a price-to-earnings ratio of -7.08 and a beta of 2.28. The business has a 50 day simple moving average of $8.96 and a 200 day simple moving average of $7.57.

Diversified Healthcare Trust (NASDAQ:DHCGet Free Report) last announced its earnings results on Monday, May 4th. The real estate investment trust reported ($0.18) earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $366.47 million for 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. On average, equities research analysts anticipate that Diversified Healthcare Trust will post 0.6 EPS for the current year.

Diversified Healthcare Trust Announces Dividend

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 issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, July 20th. Diversified Healthcare Trust’s dividend payout ratio (DPR) is -3.01%.

Diversified Healthcare Trust Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Diversified Healthcare Trust (NASDAQ:DHC)

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