Diversified Healthcare Trust (NASDAQ: DHC) is 14.37% higher on its value in year-to-date trading and has touched a low of $2.00 and a high of $4.24 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DHC stock was last observed hovering at around $3.56 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $3.66, the stock is 1.88% and 13.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing 2.81% at the moment leaves the stock 28.84% off its SMA200. DHC registered 59.13% gain for a year compared to 6-month gain of 59.13%. The firm has a 50-day simple moving average (SMA 50) of $3.2118 and a 200-day simple moving average (SMA200) of $2.8408.
The stock witnessed a 8.28% loss in the last 1 month and extending the period to 3 months gives it a 61.95%, and is -2.66% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.81% over the week and 4.46% over the month.
Profit margin for the company is -19.38%. Distance from 52-week low is 83.00% and -13.68% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.14%).
The EPS is expected to grow by 58.39% this year
271.0 institutions hold shares in Diversified Healthcare Trust (DHC), with institutional investors hold 86.20% of the company’s shares. The shares outstanding are 241.27M, and float is at 216.37M with Short Float at 2.39%. Institutions hold 77.44% of the Float.
The top institutional shareholder in the company is FLAT FOOTED LLC with over 23.49 million shares valued at $71.64 million. The investor’s holdings represent 9.8138 of the DHC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 19.72 million shares valued at $60.15 million to account for 8.2404 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 17.47 million shares representing 7.2993 and valued at over $53.28 million, while SILVER POINT CAPITAL L.P. holds 6.4785 of the shares totaling 15.5 million with a market value of $47.29 million.
Diversified Healthcare Trust (DHC) Insider Activity
The most recent transaction is an insider purchase by Brown Matthew C., the company’s CFO and Treasurer. SEC filings show that Brown Matthew C. bought 2,000 shares of the company’s common stock on Nov 13 ’24 at a price of $2.55 per share for a total of $5098.0. Following the purchase, the insider now owns 86282.0 shares.
