Nisa Investment Advisors LLC Has $292,000 Stock Position in Diversified Healthcare Trust (NASDAQ:DHC)

Nisa Investment Advisors LLC cut its stake in shares of Diversified Healthcare Trust (NASDAQ:DHC) by 5.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 78,208 shares of the real estate investment trust’s stock after selling 4,662 shares during the period. Nisa Investment Advisors LLC’s holdings in Diversified Healthcare Trust were worth $292,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Oak Thistle LLC bought a new stake in Diversified Healthcare Trust in the fourth quarter valued at approximately $53,000. Verum Partners LLC acquired a new stake in Diversified Healthcare Trust during the 4th quarter worth $43,000. SG Americas Securities LLC lifted its holdings in Diversified Healthcare Trust by 30.3% during the fourth quarter. SG Americas Securities LLC now owns 134,100 shares of the real estate investment trust’s stock worth $502,000 after acquiring an additional 31,184 shares in the last quarter. Graham Capital Management L.P. grew its stake in Diversified Healthcare Trust by 1,081.2% in the third quarter. Graham Capital Management L.P. now owns 152,074 shares of the real estate investment trust’s stock valued at $295,000 after acquiring an additional 139,200 shares during the period. Finally, Sei Investments Co. increased its holdings in shares of Diversified Healthcare Trust by 39.5% in the third quarter. Sei Investments Co. now owns 19,585 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 5,543 shares in the last quarter. Institutional investors own 75.98% of the company’s stock.

Diversified Healthcare Trust Trading Up 0.4 %

Shares of NASDAQ:DHC opened at $2.36 on Friday. The firm has a market cap of $567.39 million, a price-to-earnings ratio of -1.92 and a beta of 2.05. The company has a quick ratio of 8.46, a current ratio of 8.46 and a debt-to-equity ratio of 1.21. Diversified Healthcare Trust has a 12 month low of $0.80 and a 12 month high of $3.96. The company’s fifty day simple moving average is $2.70 and its 200 day simple moving average is $2.61.

Diversified Healthcare Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 16th. Stockholders of record on Monday, April 22nd will be issued a $0.01 dividend. The ex-dividend date of this dividend is Friday, April 19th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.69%. Diversified Healthcare Trust’s dividend payout ratio (DPR) is -3.25%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Diversified Healthcare Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, March 26th.

About Diversified Healthcare Trust

DHC is a real estate investment trust, or REIT, focused on owning high-quality healthcare properties located throughout the United States. DHC seeks diversification across the health services spectrum by care delivery and practice type, by scientific research disciplines and by property type and location.