Senior Housing Properties Trust (NYSE:SNH) Holdings Reduced by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership reduced its holdings in shares of Senior Housing Properties Trust (NYSE:SNH) by 13.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 154,200 shares of the company’s stock after selling 23,168 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Senior Housing Properties Trust were worth $3,152,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of SNH. BlackRock Inc. lifted its stake in shares of Senior Housing Properties Trust by 5,222.5% in the 1st quarter. BlackRock Inc. now owns 24,977,660 shares of the company’s stock worth $505,798,000 after acquiring an additional 24,508,377 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Senior Housing Properties Trust by 58.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,728,923 shares of the company’s stock worth $117,099,000 after acquiring an additional 2,121,030 shares during the period. LSV Asset Management lifted its stake in shares of Senior Housing Properties Trust by 11.4% in the 2nd quarter. LSV Asset Management now owns 9,219,850 shares of the company’s stock worth $188,453,000 after acquiring an additional 946,324 shares during the period. Schwab Charles Investment Management Inc. lifted its stake in shares of Senior Housing Properties Trust by 18.6% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 4,672,493 shares of the company’s stock worth $95,506,000 after acquiring an additional 733,975 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Senior Housing Properties Trust by 55.6% in the 2nd quarter. Goldman Sachs Group Inc. now owns 2,018,763 shares of the company’s stock worth $41,263,000 after acquiring an additional 720,980 shares during the period.

Shares of Senior Housing Properties Trust (SNH) traded up 0.49% during mid-day trading on Friday, hitting $18.42. 89,568 shares of the company traded hands. The firm has a market cap of $4.38 billion and a price-to-earnings ratio of 36.84. Senior Housing Properties Trust has a 52-week low of $17.14 and a 52-week high of $22.52. The firm has a 50-day moving average price of $19.52 and a 200 day moving average price of $20.25.

Senior Housing Properties Trust (NYSE:SNH) last released its earnings results on Thursday, August 3rd. The company reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.01). The company had revenue of $265.01 million during the quarter, compared to the consensus estimate of $260.72 million. Senior Housing Properties Trust had a net margin of 6.43% and a return on equity of 2.01%. The company’s revenue was up 1.4% on a year-over-year basis. During the same period last year, the firm posted $0.47 EPS. Equities research analysts anticipate that Senior Housing Properties Trust will post $0.58 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 16th. Shareholders of record on Monday, October 23rd will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 8.51%. The ex-dividend date of this dividend is Friday, October 20th.

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SNH has been the subject of several recent analyst reports. FBR & Co restated a “buy” rating and issued a $24.00 target price on shares of Senior Housing Properties Trust in a research note on Friday, June 30th. Royal Bank Of Canada restated a “hold” rating and issued a $22.00 target price on shares of Senior Housing Properties Trust in a research note on Monday, July 24th. Zacks Investment Research cut shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, August 31st. BidaskClub upgraded shares of Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a research note on Wednesday, September 6th. Finally, Morgan Stanley raised their price objective on shares of Senior Housing Properties Trust from $18.50 to $19.50 and gave the company an “equal weight” rating in a research note on Monday, September 25th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $20.93.

About Senior Housing Properties Trust

Senior Housing Properties Trust is a real estate investment trust (REIT). The Company’s segments include triple net senior living communities that provide short term and long term residential care and other services for residents; managed senior living communities that provide short term and long term residential care and other services for residents; properties leased to medical providers, medical related businesses, clinics and biotech laboratory tenants (MOBs), and all other, including certain properties that offer wellness, fitness and spa services to members.

Institutional Ownership by Quarter for Senior Housing Properties Trust (NYSE:SNH)

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