Diversified Healthcare Trust (NASDAQ:DHC) Downgraded to “Sell” Rating by Wall Street Zen

Wall Street Zen lowered shares of Diversified Healthcare Trust (NASDAQ:DHC) from a hold rating to a sell rating in a research note published on Saturday.

DHC has been the subject of several other reports. Royal Bank Of Canada lifted their target price on Diversified Healthcare Trust from $5.00 to $6.00 and gave the stock a “sector perform” rating in a research note on Monday, March 2nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Diversified Healthcare Trust in a report on Monday, April 20th. Freedom Capital raised shares of Diversified Healthcare Trust to a “strong-buy” rating in a research report on Thursday, April 30th. Zacks Research upgraded shares of Diversified Healthcare Trust from a “strong sell” rating to a “hold” rating in a report on Friday, February 20th. Finally, B. Riley Financial increased their price objective on shares of Diversified Healthcare Trust from $6.50 to $8.50 and gave the company a “buy” rating in a research report on Tuesday, March 3rd. One 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 issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $8.17.

Diversified Healthcare Trust Trading Up 4.4%

Shares of NASDAQ:DHC opened at $8.45 on Friday. Diversified Healthcare Trust has a 52-week low of $2.91 and a 52-week high of $8.48. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.36 and a current ratio of 5.36. The company has a market capitalization of $2.05 billion, a P/E ratio of -6.35 and a beta of 2.33. The company has a 50-day simple moving average of $7.18 and a 200 day simple moving average of $5.86.

Diversified Healthcare Trust (NASDAQ:DHC) last announced 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). The business had revenue of $366.47 million for the quarter, compared to analyst estimates of $380.18 million. Diversified Healthcare Trust had a negative return on equity of 18.75% and a negative net margin of 21.10%.Diversified Healthcare Trust has set its FY 2026 guidance at 0.520-0.580 EPS. Sell-side analysts forecast that Diversified Healthcare Trust will post 0.57 earnings per share for the current year.

Diversified Healthcare Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 14th. Investors of record on Tuesday, April 21st will be paid a $0.01 dividend. The ex-dividend date is Tuesday, April 21st. This represents a $0.04 annualized dividend and a yield of 0.5%. Diversified Healthcare Trust’s payout ratio is -3.01%.

Institutional Investors Weigh In On Diversified Healthcare Trust

Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Diversified Healthcare Trust by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 19,768,282 shares of the real estate investment trust’s stock valued at $95,876,000 after purchasing an additional 205,285 shares during the period. Charles Schwab Investment Management Inc. grew its position in Diversified Healthcare Trust by 13.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,108,830 shares of the real estate investment trust’s stock valued at $24,778,000 after acquiring an additional 619,750 shares during the last quarter. Carronade Capital Management LP increased its position in Diversified Healthcare Trust by 4.4% during the 4th quarter. Carronade Capital Management LP now owns 4,763,537 shares of the real estate investment trust’s stock worth $23,103,000 after purchasing an additional 201,789 shares in the last quarter. Goldman Sachs Group Inc. increased 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 in the last quarter. Finally, Centersquare Investment Management LLC increased its holdings in Diversified Healthcare Trust by 123.1% in the 4th quarter. Centersquare Investment Management LLC now owns 3,229,172 shares of the real estate investment trust’s stock worth $15,661,000 after purchasing an additional 1,781,839 shares in the last quarter. Institutional investors and hedge funds own 75.98% of the company’s stock.

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.