American Century Companies Inc. Buys 437,754 Shares of Senior Housing Properties Trust (SNH)

American Century Companies Inc. grew its stake in shares of Senior Housing Properties Trust (NASDAQ:SNH) by 51.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,284,647 shares of the real estate investment trust’s stock after purchasing an additional 437,754 shares during the quarter. American Century Companies Inc. owned 0.54% of Senior Housing Properties Trust worth $20,118,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. MetLife Investment Advisors LLC acquired a new position in shares of Senior Housing Properties Trust during the fourth quarter worth about $2,879,000. Xact Kapitalforvaltning AB acquired a new position in shares of Senior Housing Properties Trust during the fourth quarter worth about $363,000. Cue Financial Group Inc. lifted its stake in shares of Senior Housing Properties Trust by 9.0% during the fourth quarter. Cue Financial Group Inc. now owns 47,425 shares of the real estate investment trust’s stock worth $908,000 after purchasing an additional 3,900 shares in the last quarter. Rational Advisors LLC lifted its stake in shares of Senior Housing Properties Trust by 27.9% during the fourth quarter. Rational Advisors LLC now owns 22,910 shares of the real estate investment trust’s stock worth $439,000 after purchasing an additional 5,000 shares in the last quarter. Finally, Two Sigma Advisers LP lifted its stake in shares of Senior Housing Properties Trust by 201.4% during the fourth quarter. Two Sigma Advisers LP now owns 240,500 shares of the real estate investment trust’s stock worth $4,606,000 after purchasing an additional 160,700 shares in the last quarter. Institutional investors own 75.64% of the company’s stock.

Senior Housing Properties Trust opened at $16.03 on Friday, Marketbeat.com reports. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.52 and a current ratio of 1.52. Senior Housing Properties Trust has a one year low of $16.12 and a one year high of $16.24. The stock has a market capitalization of $3.82 billion, a P/E ratio of 10.15, a price-to-earnings-growth ratio of 2.45 and a beta of 0.39.

Senior Housing Properties Trust (NASDAQ:SNH) last released its quarterly earnings results on Wednesday, May 9th. The real estate investment trust reported $0.45 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.45. Senior Housing Properties Trust had a return on equity of 10.55% and a net margin of 32.36%. The business had revenue of $275.80 million for the quarter, compared to analysts’ expectations of $271.43 million. During the same quarter in the previous year, the firm posted $0.46 earnings per share. The company’s revenue was up 4.2% compared to the same quarter last year. equities research analysts predict that Senior Housing Properties Trust will post 1.73 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 17th. Investors of record on Monday, April 30th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 9.73%. The ex-dividend date was Friday, April 27th. Senior Housing Properties Trust’s dividend payout ratio (DPR) is 98.73%.

A number of research analysts have commented on SNH shares. Wells Fargo reduced their price objective on Senior Housing Properties Trust from $17.50 to $16.00 and set an “underperform” rating on the stock in a research note on Tuesday, March 20th. BidaskClub upgraded Senior Housing Properties Trust from a “strong sell” rating to a “sell” rating in a research note on Wednesday, May 2nd. ValuEngine cut Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, May 2nd. B. Riley set a $22.00 price target on Senior Housing Properties Trust and gave the stock a “buy” rating in a research note on Thursday, March 1st. Finally, Bank of America cut their price target on Senior Housing Properties Trust from $16.50 to $16.00 and set an “underperform” rating on the stock in a research note on Thursday, March 8th. Five investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $19.45.

Senior Housing Properties Trust Company Profile

SNH is a real estate investment trust, or REIT, which owns senior living communities, medical office and life science properties 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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