Dupont Capital Management Corp Sells 81,183 Shares of Senior Housing Properties Trust (NASDAQ:SNH)

Dupont Capital Management Corp lowered its stake in shares of Senior Housing Properties Trust (NASDAQ:SNH) by 63.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 47,741 shares of the real estate investment trust’s stock after selling 81,183 shares during the quarter. Dupont Capital Management Corp’s holdings in Senior Housing Properties Trust were worth $442,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. AGF Investments LLC grew its position in Senior Housing Properties Trust by 80.8% during the second quarter. AGF Investments LLC now owns 3,066 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 1,370 shares during the period. DekaBank Deutsche Girozentrale purchased a new stake in Senior Housing Properties Trust during the second quarter valued at about $33,000. Cedar Wealth Management LLC lifted its holdings in Senior Housing Properties Trust by 70.0% during the second quarter. Cedar Wealth Management LLC now owns 4,857 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 2,000 shares during the last quarter. Flagship Harbor Advisors LLC lifted its holdings in Senior Housing Properties Trust by 895.2% during the third quarter. Flagship Harbor Advisors LLC now owns 5,225 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 4,700 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC purchased a new stake in Senior Housing Properties Trust during the second quarter valued at about $51,000. Institutional investors own 72.83% of the company’s stock.

Several equities research analysts have commented on the stock. BidaskClub raised shares of Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a report on Friday, October 25th. Morgan Stanley assumed coverage on shares of Senior Housing Properties Trust in a report on Friday, September 6th. They set an “equal weight” rating and a $8.50 price objective on the stock. Zacks Investment Research downgraded shares of Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a report on Wednesday. Bank of America assumed coverage on shares of Senior Housing Properties Trust in a report on Monday, October 14th. They set an “underperform” rating on the stock. Finally, ValuEngine downgraded shares of Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a report on Thursday. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $12.85.

NASDAQ SNH opened at $9.12 on Thursday. The company has a market cap of $2.39 billion, a PE ratio of 7.18, a price-to-earnings-growth ratio of 1.90 and a beta of 0.60. Senior Housing Properties Trust has a 52 week low of $7.49 and a 52 week high of $16.47. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 1.24. The firm’s 50-day simple moving average is $9.37 and its two-hundred day simple moving average is $8.58.

Senior Housing Properties Trust (NASDAQ:SNH) last released its quarterly earnings data on Thursday, August 8th. The real estate investment trust reported $0.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.07 by $0.27. The business had revenue of $262.00 million for the quarter, compared to the consensus estimate of $256.11 million. Senior Housing Properties Trust had a negative net margin of 7.31% and a negative return on equity of 4.45%. The company’s revenue was down 5.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.52 earnings per share. As a group, equities research analysts anticipate that Senior Housing Properties Trust will post 1.32 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 14th. Stockholders of record on Monday, October 28th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.58%. The ex-dividend date of this dividend is Friday, October 25th. Senior Housing Properties Trust’s payout ratio is 37.74%.

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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