Senior Housing Properties Trust (SNH) Given Consensus Recommendation of “Hold” by Analysts

Shares of Senior Housing Properties Trust (NASDAQ:SNH) have earned an average rating of “Hold” from the nine research firms that are covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a sell rating and three have given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $14.25.

Several brokerages have commented on SNH. BidaskClub raised Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a research report on Wednesday, February 20th. Zacks Investment Research raised Senior Housing Properties Trust from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research report on Wednesday, February 6th. Finally, ValuEngine raised Senior Housing Properties Trust from a “strong sell” rating to a “sell” rating in a research report on Tuesday, January 29th.

Several institutional investors and hedge funds have recently bought and sold shares of SNH. Nordea Investment Management AB purchased a new position in shares of Senior Housing Properties Trust in the 4th quarter worth about $26,000. Cutler Group LP raised its position in Senior Housing Properties Trust by 161.5% in the 4th quarter. Cutler Group LP now owns 2,400 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 6,300 shares during the last quarter. Cedar Wealth Management LLC raised its position in Senior Housing Properties Trust by 72.4% in the 4th quarter. Cedar Wealth Management LLC now owns 2,857 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 1,200 shares during the last quarter. Quantamental Technologies LLC purchased a new position in Senior Housing Properties Trust in the 4th quarter worth about $57,000. Finally, Braun Bostich & Associates Inc. raised its position in Senior Housing Properties Trust by 25.0% in the 4th quarter. Braun Bostich & Associates Inc. now owns 6,057 shares of the real estate investment trust’s stock worth $71,000 after buying an additional 1,210 shares during the last quarter. 71.87% of the stock is owned by hedge funds and other institutional investors.

NASDAQ:SNH traded down $0.07 during trading hours on Thursday, hitting $8.41. The company had a trading volume of 3,159,201 shares, compared to its average volume of 2,530,799. The stock has a market cap of $2.02 billion, a P/E ratio of 5.29, a price-to-earnings-growth ratio of 3.06 and a beta of 0.85. Senior Housing Properties Trust has a 52 week low of $8.31 and a 52 week high of $19.17. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.15.

Senior Housing Properties Trust (NASDAQ:SNH) last released its quarterly earnings results on Friday, March 1st. The real estate investment trust reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.11. The business had revenue of $285.22 million for the quarter, compared to analysts’ expectations of $287.42 million. Senior Housing Properties Trust had a net margin of 25.68% and a return on equity of 6.71%. The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.15 earnings per share. On average, analysts expect that Senior Housing Properties Trust will post 1.36 EPS for the current fiscal year.

About Senior Housing Properties Trust

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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Analyst Recommendations for Senior Housing Properties Trust (NASDAQ:SNH)

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