Senior Housing Properties Trust (SNH) Downgraded to “Sell” at BidaskClub

Senior Housing Properties Trust (NASDAQ:SNH) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Thursday.

Several other equities analysts have also commented on the company. ValuEngine upgraded Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Zacks Investment Research upgraded Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a research note on Thursday, November 30th. Robert W. Baird restated a “hold” rating and set a $20.00 price target on shares of Senior Housing Properties Trust in a research note on Friday, November 24th. B. Riley restated a “buy” rating and set a $24.00 price target on shares of Senior Housing Properties Trust in a research note on Monday, November 13th. Finally, Jefferies Group restated a “hold” rating and set a $20.00 price target on shares of Senior Housing Properties Trust in a research note on Tuesday, October 3rd. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $21.31.

Senior Housing Properties Trust (SNH) traded up $0.05 during trading on Thursday, reaching $18.98. The company had a trading volume of 809,774 shares, compared to its average volume of 1,437,819. The firm has a market capitalization of $4,553.00, a price-to-earnings ratio of 10.41, a P/E/G ratio of 3.45 and a beta of 0.47. Senior Housing Properties Trust has a 52-week low of $17.14 and a 52-week high of $22.52. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.33 and a quick ratio of 1.33.

Senior Housing Properties Trust (NASDAQ:SNH) last released its earnings results on Thursday, November 9th. The real estate investment trust reported $0.44 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by ($0.01). The business had revenue of $266.68 million during the quarter, compared to analyst estimates of $266.23 million. Senior Housing Properties Trust had a net margin of 11.72% and a return on equity of 3.79%. The business’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.45 earnings per share. equities research analysts forecast that Senior Housing Properties Trust will post 1.78 EPS for the current fiscal year.

Large investors have recently made changes to their positions in the business. Cetera Advisors LLC increased its stake in Senior Housing Properties Trust by 30.8% during the third quarter. Cetera Advisors LLC now owns 13,047 shares of the real estate investment trust’s stock worth $254,000 after acquiring an additional 3,070 shares during the last quarter. Belpointe Asset Management LLC acquired a new stake in Senior Housing Properties Trust during the third quarter worth about $436,000. Lido Advisors LLC increased its stake in Senior Housing Properties Trust by 214.8% during the third quarter. Lido Advisors LLC now owns 47,629 shares of the real estate investment trust’s stock worth $876,000 after acquiring an additional 32,500 shares during the last quarter. Alyeska Investment Group L.P. acquired a new stake in Senior Housing Properties Trust during the third quarter worth about $1,063,000. Finally, Eii Capital Management Inc. purchased a new stake in shares of Senior Housing Properties Trust in the third quarter worth about $1,156,000. Institutional investors own 73.80% of the company’s stock.

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Senior Housing Properties Trust Company 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.

Analyst Recommendations for Senior Housing Properties Trust (NASDAQ:SNH)

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