Senior Housing Properties Trust (SNH) Upgraded at ValuEngine

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Senior Housing Properties Trust (NASDAQ:SNH) was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Thursday.

Other equities analysts have also recently issued research reports about the stock. B. Riley set a $22.00 price objective on shares of Senior Housing Properties Trust and gave the stock a “buy” rating in a research report on Wednesday, May 9th. BidaskClub cut shares of Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a research report on Saturday, August 11th. Finally, Zacks Investment Research cut shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, May 9th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $19.15.

NASDAQ:SNH opened at $19.01 on Thursday. The company has a debt-to-equity ratio of 1.07, a current ratio of 5.36 and a quick ratio of 5.36. The company has a market cap of $4.54 billion, a P/E ratio of 12.03, a P/E/G ratio of 3.06 and a beta of 0.44. Senior Housing Properties Trust has a fifty-two week low of $14.86 and a fifty-two week high of $20.27.

Senior Housing Properties Trust (NASDAQ:SNH) last posted its quarterly earnings data on Tuesday, August 7th. The real estate investment trust reported $0.52 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.38. The firm had revenue of $277.25 million during the quarter, compared to analysts’ expectations of $277.31 million. Senior Housing Properties Trust had a net margin of 41.79% and a return on equity of 13.68%. During the same quarter last year, the company posted $0.07 EPS. equities analysts forecast that Senior Housing Properties Trust will post 1.64 EPS for the current year.

A number of institutional investors have recently added to or reduced their stakes in SNH. BlackRock Inc. lifted its holdings in Senior Housing Properties Trust by 15.1% during the 2nd quarter. BlackRock Inc. now owns 27,030,549 shares of the real estate investment trust’s stock worth $488,982,000 after buying an additional 3,546,467 shares in the last quarter. Millennium Management LLC lifted its holdings in Senior Housing Properties Trust by 150.0% during the 2nd quarter. Millennium Management LLC now owns 1,072,726 shares of the real estate investment trust’s stock worth $19,406,000 after buying an additional 643,717 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new stake in Senior Housing Properties Trust during the 2nd quarter worth approximately $11,007,000. American Century Companies Inc. lifted its holdings in Senior Housing Properties Trust by 51.7% during the 1st quarter. American Century Companies Inc. now owns 1,284,647 shares of the real estate investment trust’s stock worth $20,118,000 after buying an additional 437,754 shares in the last quarter. Finally, Boston Advisors LLC acquired a new stake in Senior Housing Properties Trust during the 2nd quarter worth approximately $5,920,000. Institutional investors own 73.41% of the company’s stock.

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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