Senior Housing Properties Trust (SNH) Short Interest Update

Senior Housing Properties Trust (NASDAQ:SNH) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totalling 5,551,082 shares, a growth of 88.3% from the April 13th total of 2,948,055 shares. Currently, 2.4% of the shares of the company are sold short. Based on an average trading volume of 1,291,415 shares, the short-interest ratio is currently 4.3 days.

A number of equities analysts recently issued reports on the stock. B. Riley set a $22.00 target price on shares of Senior Housing Properties Trust and gave the company a “buy” rating in a research report on Wednesday. Zacks Investment Research lowered shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research report on Wednesday. ValuEngine lowered shares of Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Cantor Fitzgerald decreased their target price on shares of Senior Housing Properties Trust from $24.00 to $21.00 and set an “overweight” rating for the company in a research report on Wednesday, February 28th. Finally, Robert W. Baird set a $17.00 target price on shares of Senior Housing Properties Trust and gave the company a “hold” rating in a research report on Wednesday, February 28th. Five analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $19.45.

Shares of Senior Housing Properties Trust opened at $16.33 on Friday, according to Marketbeat Ratings. The stock has a market capitalization of $3.85 billion, a P/E ratio of 10.34, a P/E/G ratio of 2.47 and a beta of 0.39. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.78 and a quick ratio of 0.78. Senior Housing Properties Trust has a 52-week low of $16.26 and a 52-week high of $16.44.

Senior Housing Properties Trust (NASDAQ:SNH) last posted its quarterly earnings data on Wednesday, May 9th. The real estate investment trust reported $0.45 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.45. Senior Housing Properties Trust had a net margin of 32.36% and a return on equity of 10.65%. The company had revenue of $275.80 million during the quarter, compared to analyst estimates of $271.43 million. During the same quarter last year, the firm posted $0.46 EPS. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. equities research analysts expect that Senior Housing Properties Trust will post 1.73 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 17th. Stockholders of record on Monday, April 30th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, April 27th. This represents a $1.56 annualized dividend and a dividend yield of 9.55%. Senior Housing Properties Trust’s dividend payout ratio (DPR) is 98.73%.

Several large investors have recently bought and sold shares of the company. Fiduciary Financial Services of The Southwest Inc. TX boosted its position in shares of Senior Housing Properties Trust by 1.4% during the 4th quarter. Fiduciary Financial Services of The Southwest Inc. TX now owns 210,355 shares of the real estate investment trust’s stock valued at $4,028,000 after purchasing an additional 2,966 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Senior Housing Properties Trust by 18.4% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 23,676 shares of the real estate investment trust’s stock valued at $371,000 after purchasing an additional 3,672 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Senior Housing Properties Trust by 23.5% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,004 shares of the real estate investment trust’s stock valued at $383,000 after purchasing an additional 3,801 shares in the last quarter. Raymond James & Associates boosted its position in shares of Senior Housing Properties Trust by 5.9% during the 4th quarter. Raymond James & Associates now owns 68,986 shares of the real estate investment trust’s stock valued at $1,321,000 after purchasing an additional 3,838 shares in the last quarter. Finally, Hsbc Holdings PLC boosted its position in shares of Senior Housing Properties Trust by 7.7% during the 1st quarter. Hsbc Holdings PLC now owns 53,532 shares of the real estate investment trust’s stock valued at $839,000 after purchasing an additional 3,844 shares in the last quarter. Institutional investors own 75.12% of the company’s stock.

Senior Housing Properties Trust Company Profile

SNH is a real estate investment trust, or REIT, which owns senior living communities, medical office and life science properties and wellness centers throughout the United States. SNH is managed by the operating subsidiary of The RMR Group Inc (Nasdaq: RMR), or RMR Inc, an alternative asset management company that is headquartered in Newton, MA.

Receive News & Ratings for Senior Housing Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Senior Housing Properties Trust and related companies with MarketBeat.com's FREE daily email newsletter.




Leave a Reply