Senior Housing Properties Trust (SNH) Earns Neutral Rating from Robert W. Baird

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.

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

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