Senior Housing Properties Trust (SNH) Position Lessened by Private Advisor Group LLC

Private Advisor Group LLC decreased its stake in shares of Senior Housing Properties Trust (NASDAQ:SNH) by 16.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,357 shares of the real estate investment trust’s stock after selling 4,919 shares during the period. Private Advisor Group LLC’s holdings in Senior Housing Properties Trust were worth $445,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of SNH. Canada Pension Plan Investment Board lifted its position in shares of Senior Housing Properties Trust by 33.7% in the 2nd quarter. Canada Pension Plan Investment Board now owns 204,300 shares of the real estate investment trust’s stock worth $3,696,000 after buying an additional 51,500 shares during the last quarter. Capital Fund Management S.A. lifted its position in shares of Senior Housing Properties Trust by 3.5% in the 2nd quarter. Capital Fund Management S.A. now owns 84,893 shares of the real estate investment trust’s stock worth $1,536,000 after buying an additional 2,900 shares during the last quarter. Employees Retirement System of Texas bought a new position in shares of Senior Housing Properties Trust in the 2nd quarter worth about $923,000. Segall Bryant & Hamill LLC bought a new position in shares of Senior Housing Properties Trust in the 2nd quarter worth about $11,007,000. Finally, OppenheimerFunds Inc. lifted its position in shares of Senior Housing Properties Trust by 4.3% in the 2nd quarter. OppenheimerFunds Inc. now owns 126,034 shares of the real estate investment trust’s stock worth $2,280,000 after buying an additional 5,160 shares during the last quarter. 74.51% of the stock is owned by hedge funds and other institutional investors.

SNH stock opened at $13.46 on Monday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 4.49 and a current ratio of 4.49. Senior Housing Properties Trust has a fifty-two week low of $13.32 and a fifty-two week high of $19.98. The stock has a market capitalization of $3.20 billion, a P/E ratio of 8.52, a PEG ratio of 2.26 and a beta of 0.45.

Senior Housing Properties Trust (NASDAQ:SNH) last released 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 return on equity of 13.42% and a net margin of 42.36%. The firm had revenue of $279.00 million during the quarter, compared to analyst estimates of $279.10 million. During the same period last year, the business earned $0.14 EPS. The firm’s revenue was up 4.6% on a year-over-year basis. As a group, research analysts forecast that Senior Housing Properties Trust will post 1.57 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 15th. Investors of record on Monday, October 29th were issued a $0.39 dividend. The ex-dividend date of this dividend was Friday, October 26th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 11.59%. Senior Housing Properties Trust’s dividend payout ratio (DPR) is presently 98.73%.

A number of research firms have recently issued reports on SNH. BidaskClub downgraded shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research report on Thursday, September 27th. B. Riley reduced their price target on shares of Senior Housing Properties Trust from $23.00 to $21.00 and set a “buy” rating on the stock in a research report on Monday, November 12th. Zacks Investment Research upgraded shares of Senior Housing Properties Trust from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a research report on Thursday, August 2nd. Finally, ValuEngine downgraded shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, September 19th. Six equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $18.00.

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

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