CastleKnight Management LP Decreases Stock Holdings in Diversified Healthcare Trust $DHC

CastleKnight Management LP trimmed its position in shares of Diversified Healthcare Trust (NASDAQ:DHC) by 8.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,174,742 shares of the real estate investment trust’s stock after selling 115,400 shares during the period. CastleKnight Management LP’s holdings in Diversified Healthcare Trust were worth $5,697,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of DHC. Arini Captial Management Ltd bought a new position in shares of Diversified Healthcare Trust during the 4th quarter valued at approximately $14,400,000. Carronade Capital Management LP increased its position in shares of Diversified Healthcare Trust by 181.9% during the 3rd quarter. Carronade Capital Management LP now owns 4,561,748 shares of the real estate investment trust’s stock valued at $20,117,000 after purchasing an additional 2,943,300 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Diversified Healthcare Trust by 158.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,862,334 shares of the real estate investment trust’s stock valued at $9,270,000 after purchasing an additional 2,370,459 shares during the last quarter. Centersquare Investment Management LLC increased its position in shares of Diversified Healthcare Trust by 123.1% during the 4th quarter. Centersquare Investment Management LLC now owns 3,229,172 shares of the real estate investment trust’s stock valued at $15,661,000 after purchasing an additional 1,781,839 shares during the last quarter. Finally, Cibc World Markets Corp bought a new position in shares of Diversified Healthcare Trust during the 4th quarter valued at approximately $4,484,000. Institutional investors own 75.98% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Zacks Research raised Diversified Healthcare Trust from a “strong sell” rating to a “hold” rating in a research report on Friday, February 20th. Royal Bank Of Canada boosted their target price on Diversified Healthcare Trust from $5.00 to $6.00 and gave the company a “sector perform” rating in a research report on Monday, March 2nd. Freedom Capital raised Diversified Healthcare Trust to a “strong-buy” rating in a research report on Thursday, April 30th. Maxim Group boosted their target price on Diversified Healthcare Trust from $10.00 to $10.50 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Finally, B. Riley Financial boosted their target price on Diversified Healthcare Trust from $8.50 to $11.00 and gave the company a “buy” rating in a research report on Tuesday, June 9th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Diversified Healthcare Trust has a consensus rating of “Moderate Buy” and an average target price of $9.17.

Diversified Healthcare Trust Stock Performance

Shares of Diversified Healthcare Trust stock opened at $8.59 on Thursday. The stock’s fifty day moving average is $8.13 and its two-hundred day moving average is $6.72. The company has a market capitalization of $2.08 billion, a PE ratio of -6.46 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. Diversified Healthcare Trust has a 52 week low of $3.18 and a 52 week high of $9.14.

Diversified Healthcare Trust (NASDAQ:DHC) last announced its quarterly earnings data on Monday, May 4th. The real estate investment trust reported ($0.18) 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, analysts expect that Diversified Healthcare Trust will post 0.6 earnings per share for the current year.

Diversified Healthcare Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Tuesday, April 21st were given a $0.01 dividend. 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%.

Diversified Healthcare Trust Company 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.