Senior Housing Properties Trust’s (SNH) Hold Rating Reiterated at Robert W. Baird

Robert W. Baird restated their hold rating on shares of Senior Housing Properties Trust (NASDAQ:SNH) in a research report released on Friday. The brokerage currently has a $20.00 price objective on the real estate investment trust’s stock.

Other analysts have also recently issued research reports about the company. BidaskClub raised Senior Housing Properties Trust from a hold rating to a buy rating in a report on Wednesday, September 6th. B. Riley reissued a buy rating on shares of Senior Housing Properties Trust in a report on Wednesday, November 1st. Morgan Stanley increased their price objective on Senior Housing Properties Trust from $18.50 to $19.50 and gave the stock an equal weight rating in a report on Monday, September 25th. Royal Bank Of Canada reissued a hold rating and set a $20.00 price objective on shares of Senior Housing Properties Trust in a report on Wednesday, September 13th. Finally, Zacks Investment Research cut Senior Housing Properties Trust from a hold rating to a sell rating in a report on Thursday, August 31st. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. Senior Housing Properties Trust has a consensus rating of Hold and a consensus target price of $21.31.

Shares of Senior Housing Properties Trust (NASDAQ SNH) opened at $19.39 on Friday. The stock has a market capitalization of $4,610.00, a PE ratio of 10.54, a P/E/G ratio of 3.49 and a beta of 0.46. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.33 and a current ratio of 1.33. Senior Housing Properties Trust has a 1-year low of $17.14 and a 1-year high of $22.52.

Senior Housing Properties Trust (NASDAQ:SNH) last issued its quarterly earnings data on Thursday, November 9th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.01). The company had revenue of $266.68 million for the quarter, compared to analysts’ expectations of $266.23 million. Senior Housing Properties Trust had a return on equity of 3.79% and a net margin of 11.72%. The business’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period last year, the company posted $0.45 EPS. analysts expect that Senior Housing Properties Trust will post 1.78 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 16th. Shareholders of record on Monday, October 23rd were issued a $0.39 dividend. The ex-dividend date was Friday, October 20th. This represents a $1.56 annualized dividend and a dividend yield of 8.05%. Senior Housing Properties Trust’s payout ratio is currently 294.34%.

Several large investors have recently added to or reduced their stakes in SNH. Sterling Capital Management LLC purchased a new stake in shares of Senior Housing Properties Trust in the 3rd quarter valued at about $2,308,000. AMP Capital Investors Ltd raised its holdings in shares of Senior Housing Properties Trust by 301.8% in the 3rd quarter. AMP Capital Investors Ltd now owns 146,975 shares of the real estate investment trust’s stock valued at $2,874,000 after acquiring an additional 110,400 shares in the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of Senior Housing Properties Trust by 28.4% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 476,998 shares of the real estate investment trust’s stock valued at $9,325,000 after acquiring an additional 105,470 shares in the last quarter. Eii Capital Management Inc. purchased a new stake in shares of Senior Housing Properties Trust in the 3rd quarter valued at about $1,156,000. Finally, Alyeska Investment Group L.P. purchased a new stake in shares of Senior Housing Properties Trust in the 3rd quarter valued at about $1,063,000. 73.21% of the stock is currently owned by hedge funds and other 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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