Senior Housing Properties Trust (SNH) Downgraded to “Sell” at BidaskClub

BidaskClub downgraded shares of Senior Housing Properties Trust (NASDAQ:SNH) from a hold rating to a sell rating in a research note published on Monday.

A number of other equities analysts have also recently commented on the stock. ValuEngine cut shares of Senior Housing Properties Trust from a buy rating to a hold rating in a research report on Friday, September 1st. Zacks Investment Research cut shares of Senior Housing Properties Trust from a hold rating to a sell rating in a research report on Thursday, August 31st. Robert W. Baird reiterated a hold rating and issued a $20.00 target price on shares of Senior Housing Properties Trust in a research report on Friday, November 24th. Morgan Stanley lifted their target price on shares of Senior Housing Properties Trust from $18.50 to $19.50 and gave the stock an equal weight rating in a research report on Monday, September 25th. Finally, B. Riley reiterated a buy rating and issued a $24.00 target price on shares of Senior Housing Properties Trust in a research report on Monday, November 13th. One analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. The stock has an average rating of Hold and an average price target of $21.31.

Shares of Senior Housing Properties Trust (NASDAQ SNH) opened at $19.22 on Monday. Senior Housing Properties Trust has a fifty-two week low of $18.26 and a fifty-two week high of $22.52. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 1.08. The stock has a market cap of $4,530.00, a price-to-earnings ratio of 36.26, a PEG ratio of 3.45 and a beta of 0.48.

Senior Housing Properties Trust (NASDAQ:SNH) last posted 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). Senior Housing Properties Trust had a return on equity of 3.79% and a net margin of 11.72%. The company had revenue of $266.68 million for the quarter, compared to the consensus estimate of $266.23 million. During the same period in the prior year, the firm posted $0.45 earnings per share. The business’s revenue was up 1.0% on a year-over-year basis. research analysts predict that Senior Housing Properties Trust will post 1.76 earnings per share for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in SNH. Sterling Capital Management LLC purchased a new position in shares of Senior Housing Properties Trust in the third quarter valued at about $2,308,000. AMP Capital Investors Ltd boosted its stake in shares of Senior Housing Properties Trust by 301.8% during 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 purchasing an additional 110,400 shares in the last quarter. Public Employees Retirement System of Ohio boosted its stake in shares of Senior Housing Properties Trust by 28.4% during 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 purchasing an additional 105,470 shares in the last quarter. AXA boosted its stake in shares of Senior Housing Properties Trust by 28.3% during the 3rd quarter. AXA now owns 305,527 shares of the real estate investment trust’s stock valued at $5,973,000 after purchasing an additional 67,429 shares in the last quarter. Finally, Eii Capital Management Inc. bought a new stake in shares of Senior Housing Properties Trust during the 3rd quarter valued at about $1,156,000. Hedge funds and other institutional investors own 73.75% of the company’s stock.

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Senior Housing Properties Trust Company Profile

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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