Sound Income Strategies LLC Decreases Stake in Senior Housing Properties Trust (SNH)

Sound Income Strategies LLC lowered its position in Senior Housing Properties Trust (NASDAQ:SNH) by 10.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,382 shares of the real estate investment trust’s stock after selling 1,105 shares during the period. Sound Income Strategies LLC’s holdings in Senior Housing Properties Trust were worth $110,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in SNH. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Senior Housing Properties Trust in the 3rd quarter worth approximately $15,145,000. BlackRock Inc. raised its position in shares of Senior Housing Properties Trust by 2.7% in the 3rd quarter. BlackRock Inc. now owns 27,748,965 shares of the real estate investment trust’s stock worth $487,273,000 after acquiring an additional 718,416 shares in the last quarter. Millennium Management LLC raised its position in shares of Senior Housing Properties Trust by 150.0% in the 2nd quarter. Millennium Management LLC now owns 1,072,726 shares of the real estate investment trust’s stock worth $19,406,000 after acquiring an additional 643,717 shares in the last quarter. Northern Trust Corp raised its position in shares of Senior Housing Properties Trust by 19.3% in the 2nd quarter. Northern Trust Corp now owns 3,826,166 shares of the real estate investment trust’s stock worth $69,215,000 after acquiring an additional 619,650 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its position in shares of Senior Housing Properties Trust by 42.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,938,131 shares of the real estate investment trust’s stock worth $34,035,000 after acquiring an additional 572,782 shares in the last quarter. 72.69% of the stock is owned by hedge funds and other institutional investors.

SNH stock traded down $0.01 on Friday, reaching $12.70. 78,332 shares of the company traded hands, compared to its average volume of 1,752,851. Senior Housing Properties Trust has a one year low of $11.13 and a one year high of $19.17. The company has a quick ratio of 4.49, a current ratio of 4.49 and a debt-to-equity ratio of 1.09. The firm has a market cap of $3.02 billion, a PE ratio of 8.04, a price-to-earnings-growth ratio of 2.53 and a beta of 0.64.

Senior Housing Properties Trust (NASDAQ:SNH) last posted its quarterly earnings data on Tuesday, November 6th. The real estate investment trust reported $0.42 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.03). Senior Housing Properties Trust had a net margin of 42.36% and a return on equity of 13.42%. The company had revenue of $279.00 million for the quarter, compared to the consensus estimate of $279.10 million. During the same period last year, the business earned $0.14 EPS. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. On average, research analysts expect that Senior Housing Properties Trust will post 1.54 earnings per share for the current fiscal year.

Several brokerages have recently issued reports on SNH. Zacks Investment Research raised Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a research report on Friday, November 2nd. BidaskClub lowered Senior Housing Properties Trust from a “sell” rating to a “strong sell” rating in a research report on Thursday, December 27th. FBR & Co set a $24.00 target price on Senior Housing Properties Trust and gave the stock a “buy” rating in a research report on Thursday, December 20th. B. Riley set a $23.00 target price on Senior Housing Properties Trust and gave the stock a “buy” rating in a research report on Tuesday, November 6th. Finally, ValuEngine lowered Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, October 31st. Six research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $18.75.

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About Senior Housing Properties Trust

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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Institutional Ownership by Quarter for Senior Housing Properties Trust (NASDAQ:SNH)

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