Senior Housing Properties Trust (SNH) Given Consensus Rating of “Hold” by Brokerages

Shares of Senior Housing Properties Trust (NASDAQ:SNH) have been assigned an average rating of “Hold” from the thirteen brokerages that are covering the firm, MarketBeat reports. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $19.45.

A number of research analysts have recently issued reports on the company. Zacks Investment Research raised Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a report on Saturday. ValuEngine lowered Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. B. Riley set a $22.00 target price on Senior Housing Properties Trust and gave the company a “buy” rating in a report on Wednesday, May 9th. BidaskClub raised Senior Housing Properties Trust from a “strong sell” rating to a “sell” rating in a report on Wednesday, May 2nd. Finally, Cantor Fitzgerald dropped their target price on Senior Housing Properties Trust from $24.00 to $21.00 and set an “overweight” rating on the stock in a report on Wednesday, February 28th.

A number of hedge funds have recently made changes to their positions in SNH. Security Capital Research & Management Inc. grew its holdings in Senior Housing Properties Trust by 61.2% during the fourth quarter. Security Capital Research & Management Inc. now owns 11,326,407 shares of the real estate investment trust’s stock worth $216,901,000 after acquiring an additional 4,298,239 shares during the period. LSV Asset Management grew its holdings in Senior Housing Properties Trust by 9.0% during the fourth quarter. LSV Asset Management now owns 10,618,715 shares of the real estate investment trust’s stock worth $203,348,000 after acquiring an additional 874,700 shares during the period. Millennium Management LLC grew its holdings in Senior Housing Properties Trust by 532.0% during the fourth quarter. Millennium Management LLC now owns 625,235 shares of the real estate investment trust’s stock worth $11,973,000 after acquiring an additional 526,313 shares during the period. Renaissance Technologies LLC grew its holdings in Senior Housing Properties Trust by 40.3% during the fourth quarter. Renaissance Technologies LLC now owns 1,624,500 shares of the real estate investment trust’s stock worth $31,109,000 after acquiring an additional 466,495 shares during the period. Finally, American Century Companies Inc. grew its holdings in Senior Housing Properties Trust by 51.7% during the first quarter. American Century Companies Inc. now owns 1,284,647 shares of the real estate investment trust’s stock worth $20,118,000 after acquiring an additional 437,754 shares during the period. 75.64% of the stock is currently owned by hedge funds and other institutional investors.

Senior Housing Properties Trust opened at $16.07 on Monday, MarketBeat reports. The company has a market capitalization of $3.82 billion, a PE ratio of 10.17, a P/E/G ratio of 2.43 and a beta of 0.39. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 1.07. Senior Housing Properties Trust has a 12-month low of $14.86 and a 12-month high of $22.01.

Senior Housing Properties Trust (NASDAQ:SNH) last released its earnings results on Wednesday, May 9th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.45. The business had revenue of $275.80 million for the quarter, compared to analyst estimates of $271.43 million. Senior Housing Properties Trust had a return on equity of 10.55% and a net margin of 32.36%. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 earnings per share. equities analysts predict that Senior Housing Properties Trust will post 1.74 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 17th. Investors of record on Monday, April 30th were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 9.71%. The ex-dividend date of this dividend was Friday, April 27th. Senior Housing Properties Trust’s dividend payout ratio is presently 98.73%.

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.

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

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