Senior Housing Properties Trust (SNH) Receives Average Recommendation of “Hold” from Brokerages

Senior Housing Properties Trust (NASDAQ:SNH) has earned a consensus rating of “Hold” from the eleven research firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $21.19.

Several research analysts have commented on SNH shares. B. Riley restated a “buy” rating on shares of Senior Housing Properties Trust in a report on Wednesday, November 1st. UBS Group decreased their price objective on shares of Senior Housing Properties Trust from $20.00 to $19.00 and set a “neutral” rating for the company in a report on Monday, October 2nd. BidaskClub lowered shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. ValuEngine upgraded shares of Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Finally, Jefferies Group restated a “hold” rating and issued a $20.00 price objective on shares of Senior Housing Properties Trust in a report on Tuesday, October 3rd.

Shares of Senior Housing Properties Trust (SNH) opened at $17.68 on Tuesday. Senior Housing Properties Trust has a 1-year low of $17.64 and a 1-year 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 company has a market cap of $4,200.00, a price-to-earnings ratio of 33.36, a P/E/G ratio of 3.18 and a beta of 0.48.

Senior Housing Properties Trust (NASDAQ:SNH) last posted its quarterly earnings results on Thursday, November 9th. The real estate investment trust reported $0.44 EPS for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.01). Senior Housing Properties Trust had a net margin of 11.72% and a return on equity of 3.79%. The firm had revenue of $266.68 million for the quarter, compared to the consensus estimate of $266.23 million. During the same quarter in the prior year, the company earned $0.45 earnings per share. The company’s quarterly revenue was up 1.0% compared to the same quarter last year. equities analysts anticipate that Senior Housing Properties Trust will post 1.76 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Prudential Financial Inc. grew its position in shares of Senior Housing Properties Trust by 16.8% in the 3rd quarter. Prudential Financial Inc. now owns 2,996,212 shares of the real estate investment trust’s stock worth $58,576,000 after buying an additional 431,702 shares during the period. Asset Management One Co. Ltd. grew its position in shares of Senior Housing Properties Trust by 0.6% in the 3rd quarter. Asset Management One Co. Ltd. now owns 503,830 shares of the real estate investment trust’s stock worth $9,827,000 after buying an additional 3,071 shares during the period. Public Employees Retirement System of Ohio grew its position 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 worth $9,325,000 after buying an additional 105,470 shares during the period. AXA grew its position in shares of Senior Housing Properties Trust by 28.3% in the 3rd quarter. AXA now owns 305,527 shares of the real estate investment trust’s stock worth $5,973,000 after buying an additional 67,429 shares during the period. Finally, Janus Henderson Group PLC grew its position in shares of Senior Housing Properties Trust by 16.8% in the 3rd quarter. Janus Henderson Group PLC now owns 236,841 shares of the real estate investment trust’s stock worth $4,630,000 after buying an additional 34,108 shares during the period. Institutional investors and hedge funds own 73.75% of the company’s stock.

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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.

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