Senior Housing Properties Trust (SNH) Upgraded by BidaskClub to “Hold”

BidaskClub upgraded shares of Senior Housing Properties Trust (NASDAQ:SNH) from a sell rating to a hold rating in a research note released on Tuesday.

SNH has been the subject of several other research reports. Zacks Investment Research lowered shares of Senior Housing Properties Trust from a hold rating to a sell rating in a report on Thursday, October 19th. ValuEngine raised shares of Senior Housing Properties Trust from a hold rating to a buy rating in a research note on Friday, December 1st. B. Riley reaffirmed a buy rating and set a $24.00 target price on shares of Senior Housing Properties Trust in a research note on Monday, November 13th. Robert W. Baird reaffirmed a hold rating and set a $21.00 target price on shares of Senior Housing Properties Trust in a research note on Friday, November 3rd. Finally, Jefferies Group reaffirmed a hold rating and set a $20.00 target price on shares of Senior Housing Properties Trust in a research note on Tuesday, October 3rd. Seven research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of $21.31.

Shares of Senior Housing Properties Trust (NASDAQ SNH) opened at $18.99 on Tuesday. The company has a market cap of $4,462.70, a price-to-earnings ratio of 35.83, a P/E/G ratio of 3.42 and a beta of 0.47. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 1.08. Senior Housing Properties Trust has a 1-year low of $17.92 and a 1-year high of $22.52.

Senior Housing Properties Trust (NASDAQ:SNH) last issued its quarterly earnings results on Thursday, November 9th. The real estate investment trust reported $0.44 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.01). The company had revenue of $266.68 million during 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%. Senior Housing Properties Trust’s revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.45 EPS. analysts expect that Senior Housing Properties Trust will post 1.76 earnings per share for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Cetera Advisors LLC boosted its stake in Senior Housing Properties Trust by 30.8% during the 3rd quarter. Cetera Advisors LLC now owns 13,047 shares of the real estate investment trust’s stock worth $254,000 after purchasing an additional 3,070 shares during the last quarter. Asset Management One Co. Ltd. boosted its position in shares of Senior Housing Properties Trust by 0.6% during the 3rd quarter. Asset Management One Co. Ltd. now owns 503,830 shares of the real estate investment trust’s stock valued at $9,827,000 after acquiring an additional 3,071 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its position in shares of Senior Housing Properties Trust by 4.6% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 87,531 shares of the real estate investment trust’s stock valued at $1,712,000 after acquiring an additional 3,845 shares during the last quarter. Belpointe Asset Management LLC acquired a new position in shares of Senior Housing Properties Trust during the 3rd quarter valued at about $436,000. Finally, Stifel Financial Corp boosted its position in shares of Senior Housing Properties Trust by 63.9% during the 3rd quarter. Stifel Financial Corp now owns 64,753 shares of the real estate investment trust’s stock valued at $1,275,000 after acquiring an additional 25,241 shares during the last quarter. 73.75% of the stock is currently owned by institutional investors.

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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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