The Manufacturers Life Insurance Company Acquires 7,039 Shares of Senior Housing Properties Trust (NYSE:SNH)

The Manufacturers Life Insurance Company grew its holdings in Senior Housing Properties Trust (NYSE:SNH) by 2.1% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 350,377 shares of the company’s stock after buying an additional 7,039 shares during the period. The Manufacturers Life Insurance Company ‘s holdings in Senior Housing Properties Trust were worth $7,162,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Schroder Investment Management Group acquired a new position in shares of Senior Housing Properties Trust during the second quarter worth about $107,000. Ffcm LLC increased its stake in shares of Senior Housing Properties Trust by 112.7% during the second quarter. Ffcm LLC now owns 7,661 shares of the company’s stock worth $158,000 after acquiring an additional 4,060 shares during the period. Campbell & CO Investment Adviser LLC acquired a new position in shares of Senior Housing Properties Trust during the second quarter worth about $205,000. Jane Street Group LLC acquired a new position in Senior Housing Properties Trust during the first quarter worth about $241,000. Finally, Trent Capital Management Inc. NC acquired a new position in Senior Housing Properties Trust during the second quarter worth about $244,000.



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Several research analysts have weighed in on the stock. Royal Bank of Canada restated a “hold” rating and set a $22.00 target price on shares of Senior Housing Properties Trust in a research report on Monday, July 24th. Jefferies Group LLC restated a “hold” rating and set a $20.00 target price on shares of Senior Housing Properties Trust in a research report on Tuesday, October 3rd. Zacks Investment Research lowered shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research report on Thursday, October 19th. Morgan Stanley upped their target price on shares of Senior Housing Properties Trust from $18.50 to $19.50 and gave the stock an “equal weight” rating in a research report on Monday, September 25th. Finally, BidaskClub upgraded shares of Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $21.07.

Shares of Senior Housing Properties Trust (NYSE:SNH) traded up $0.33 on Friday, hitting $19.18. 959,120 shares of the company traded hands, compared to its average volume of 1,040,000. Senior Housing Properties Trust has a fifty-two week low of $17.14 and a fifty-two week high of $22.52.

Senior Housing Properties Trust (NYSE:SNH) last announced its quarterly earnings data on Thursday, November 9th. The company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.01). The firm had revenue of $266.68 million for the quarter, compared to analysts’ expectations of $266.23 million. Senior Housing Properties Trust had a net margin of 6.43% and a return on equity of 2.01%. The business’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.45 EPS.

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 16th. Shareholders of record on Monday, October 23rd will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 8.13%. The ex-dividend date is Friday, October 20th.

Senior Housing Properties Trust Profile

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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