Robert W. Baird restated their neutral rating on shares of Senior Housing Properties Trust (NASDAQ:SNH) in a research report sent to investors on Friday, January 5th, MarketBeat reports. Robert W. Baird currently has a $19.00 target price on the real estate investment trust’s stock, down from their prior target price of $20.00.
A number of other research analysts also recently weighed in on SNH. BidaskClub upgraded shares of Senior Housing Properties Trust from a sell rating to a hold rating in a report on Tuesday, December 19th. Royal Bank of Canada restated a hold rating and set a $20.00 price target on shares of Senior Housing Properties Trust in a report on Wednesday, September 13th. Zacks Investment Research downgraded shares of Senior Housing Properties Trust from a hold rating to a sell rating in a report on Thursday, October 19th. Jefferies Group reiterated a hold rating and issued a $20.00 target price on shares of Senior Housing Properties Trust in a research note on Tuesday, October 3rd. Finally, UBS Group lowered their target price on shares of Senior Housing Properties Trust from $20.00 to $19.00 and set a neutral rating on the stock in a research note on Monday, October 2nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of $21.19.
Shares of Senior Housing Properties Trust (SNH) traded up $0.51 during trading hours on Friday, reaching $17.33. 1,805,191 shares of the company were exchanged, compared to its average volume of 1,320,000. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $4,120.00, a PE ratio of 32.70, a price-to-earnings-growth ratio of 2.75 and a beta of 0.48. Senior Housing Properties Trust has a 1 year low of $16.80 and a 1 year high of $22.52.
Senior Housing Properties Trust (NASDAQ:SNH) last issued its quarterly 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 firm had revenue of $266.68 million during the quarter, compared to analysts’ expectations of $266.23 million. Senior Housing Properties Trust had a net margin of 11.72% and a return on equity of 3.79%. The firm’s revenue was up 1.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.45 EPS. research analysts predict that Senior Housing Properties Trust will post 1.7 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 22nd. Stockholders of record on Monday, January 29th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.00%. The ex-dividend date is Friday, January 26th. Senior Housing Properties Trust’s payout ratio is 294.34%.
Several large investors have recently added to or reduced their stakes in the company. Mycio Wealth Partners LLC bought a new position in Senior Housing Properties Trust during the 4th quarter valued at about $199,000. Cetera Advisors LLC raised its stake in shares of Senior Housing Properties Trust by 30.8% in 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. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Senior Housing Properties Trust by 23.5% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,004 shares of the real estate investment trust’s stock worth $383,000 after acquiring an additional 3,801 shares during the last quarter. Belpointe Asset Management LLC bought a new position in shares of Senior Housing Properties Trust in the third quarter worth about $436,000. Finally, Lido Advisors LLC raised its stake in shares of Senior Housing Properties Trust by 214.8% in 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. 73.92% of the stock is owned by institutional investors.
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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.
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