Senior Housing Properties Trust (SNH) Lowered to “Sell” at ValuEngine

ValuEngine downgraded shares of Senior Housing Properties Trust (NASDAQ:SNH) from a hold rating to a sell rating in a research report report published on Wednesday.

Other equities research analysts also recently issued research reports about the company. BidaskClub downgraded Senior Housing Properties Trust from a buy rating to a hold rating in a report on Saturday, August 11th. Morgan Stanley downgraded Senior Housing Properties Trust from an equal weight rating to an underweight rating and cut their price target for the company from $17.00 to $15.00 in a report on Monday, October 29th. Zacks Investment Research downgraded Senior Housing Properties Trust from a hold rating to a sell rating in a report on Wednesday, October 10th. B. Riley raised their price target on Senior Housing Properties Trust from $22.00 to $23.00 and gave the company a buy rating in a report on Wednesday, August 8th. Finally, Jefferies Financial Group reaffirmed a hold rating on shares of Senior Housing Properties Trust in a report on Friday, July 20th. Four investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of $18.29.

NASDAQ:SNH opened at $15.91 on Wednesday. Senior Housing Properties Trust has a 1-year low of $14.86 and a 1-year high of $19.98. The company has a debt-to-equity ratio of 1.07, a current ratio of 5.36 and a quick ratio of 5.36. The firm has a market capitalization of $3.78 billion, a P/E ratio of 10.07, a PEG ratio of 2.58 and a beta of 0.45.

Senior Housing Properties Trust (NASDAQ:SNH) last released its earnings results on Tuesday, August 7th. The real estate investment trust reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.38. Senior Housing Properties Trust had a net margin of 41.79% and a return on equity of 13.68%. The business had revenue of $277.25 million during the quarter, compared to analysts’ expectations of $277.31 million. During the same period last year, the business earned $0.07 earnings per share. As a group, sell-side analysts anticipate that Senior Housing Properties Trust will post 1.62 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 15th. Stockholders of record on Monday, October 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 9.81%. The ex-dividend date of this dividend is Friday, October 26th. Senior Housing Properties Trust’s dividend payout ratio is currently 98.73%.

Several institutional investors and hedge funds have recently bought and sold shares of SNH. Russell Investments Group Ltd. lifted its holdings in shares of Senior Housing Properties Trust by 61.2% during the first quarter. Russell Investments Group Ltd. now owns 36,403 shares of the real estate investment trust’s stock worth $569,000 after buying an additional 13,825 shares in the last quarter. Legal & General Group Plc lifted its holdings in shares of Senior Housing Properties Trust by 12.2% during the first quarter. Legal & General Group Plc now owns 1,063,684 shares of the real estate investment trust’s stock worth $16,658,000 after buying an additional 115,267 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of Senior Housing Properties Trust by 9.2% during the first quarter. Royal Bank of Canada now owns 248,372 shares of the real estate investment trust’s stock worth $3,890,000 after buying an additional 20,904 shares in the last quarter. Xact Kapitalforvaltning AB lifted its holdings in shares of Senior Housing Properties Trust by 80.6% during the first quarter. Xact Kapitalforvaltning AB now owns 34,278 shares of the real estate investment trust’s stock worth $537,000 after buying an additional 15,300 shares in the last quarter. Finally, Allianz Asset Management GmbH lifted its holdings in shares of Senior Housing Properties Trust by 330.3% during the first quarter. Allianz Asset Management GmbH now owns 53,008 shares of the real estate investment trust’s stock worth $830,000 after buying an additional 40,690 shares in the last quarter. 73.33% of the stock is owned by institutional investors.

Senior Housing Properties Trust Company Profile

SNH is a real estate investment trust, or REIT, that owns medical office and life science properties, senior living communities 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.

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