Caxton Associates LP Trims Holdings in Diversified Healthcare Trust (NASDAQ:DHC)

Caxton Associates LP reduced its position in Diversified Healthcare Trust (NASDAQ:DHC) by 35.0% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 299,583 shares of the real estate investment trust’s stock after selling 161,337 shares during the quarter. Caxton Associates LP owned about 0.12% of Diversified Healthcare Trust worth $737,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in DHC. Allspring Global Investments Holdings LLC lifted its holdings in shares of Diversified Healthcare Trust by 84.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 7,671 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 3,510 shares during the period. CANADA LIFE ASSURANCE Co grew its position in Diversified Healthcare Trust by 2.1% in the first quarter. CANADA LIFE ASSURANCE Co now owns 245,882 shares of the real estate investment trust’s stock valued at $602,000 after acquiring an additional 4,974 shares in the last quarter. Victory Capital Management Inc. grew its position in Diversified Healthcare Trust by 22.7% in the fourth quarter. Victory Capital Management Inc. now owns 29,096 shares of the real estate investment trust’s stock valued at $109,000 after acquiring an additional 5,379 shares in the last quarter. Oak Thistle LLC bought a new position in Diversified Healthcare Trust during the fourth quarter worth $53,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Diversified Healthcare Trust by 12.9% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 137,075 shares of the real estate investment trust’s stock worth $477,000 after purchasing an additional 15,681 shares during the period. 75.98% of the stock is owned by institutional investors and hedge funds.

Diversified Healthcare Trust Price Performance

Shares of Diversified Healthcare Trust stock opened at $3.34 on Wednesday. The company’s 50-day moving average price is $2.91 and its two-hundred day moving average price is $2.75. The company has a current ratio of 8.76, a quick ratio of 8.76 and a debt-to-equity ratio of 1.26. The stock has a market cap of $803.70 million, a PE ratio of -2.44 and a beta of 2.20. Diversified Healthcare Trust has a 52 week low of $1.68 and a 52 week high of $3.96.

Diversified Healthcare Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 15th. Investors of record on Monday, July 22nd will be paid a $0.01 dividend. The ex-dividend date of this dividend is Monday, July 22nd. This represents a $0.04 annualized dividend and a dividend yield of 1.20%. Diversified Healthcare Trust’s payout ratio is -2.92%.

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.