Senior Housing Properties Trust (NYSE:SNH) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Thursday.

According to Zacks, “Senior Housing Properties Trust is a Maryland real estate investment trust that invests in senior housing income producing real estate, including senior apartments and assisted living, congregate care and nursing home properties. Senior apartments are marketed to residents who are generally capable of caring for themselves. Residence is generally restricted on the basis of age. Purpose built properties may have special function rooms, concierge services, high levels of security and centralized call buttons for emergency use. “

Several other equities research analysts have also issued reports on SNH. Jefferies Group LLC reiterated a “hold” rating and set a $20.00 target price on shares of Senior Housing Properties Trust in a research report on Tuesday, October 3rd. UBS AG dropped their target price on shares of Senior Housing Properties Trust from $20.00 to $19.00 and set a “neutral” rating for the company in a research report on Monday, October 2nd. Morgan Stanley lifted their target price on shares of Senior Housing Properties Trust from $18.50 to $19.50 and gave the company an “equal weight” rating in a research report on Monday, September 25th. Royal Bank Of Canada reiterated a “hold” rating and set a $20.00 target price on shares of Senior Housing Properties Trust in a research report on Wednesday, September 13th. Finally, BidaskClub upgraded shares of Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $20.93.

Shares of Senior Housing Properties Trust (NYSE:SNH) traded down 1.56% during mid-day trading on Thursday, hitting $18.88. 1,200,717 shares of the stock were exchanged. The stock’s 50-day moving average is $19.61 and its 200-day moving average is $20.31. The stock has a market capitalization of $4.49 billion and a price-to-earnings ratio of 37.76. Senior Housing Properties Trust has a 52 week low of $17.14 and a 52 week high of $22.52.

Senior Housing Properties Trust (NYSE:SNH) last issued its quarterly earnings data on Thursday, August 3rd. The company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.01). The firm had revenue of $265.01 million for the quarter, compared to analysts’ expectations of $260.72 million. Senior Housing Properties Trust had a net margin of 6.43% and a return on equity of 2.01%. Senior Housing Properties Trust’s revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.47 EPS. Analysts forecast that Senior Housing Properties Trust will post $0.58 earnings per share for the current fiscal year.

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Several institutional investors and hedge funds have recently made changes to their positions in the company. Schroder Investment Management Group purchased a new position in shares of Senior Housing Properties Trust in the second quarter worth $107,000. Invictus RG purchased a new position in shares of Senior Housing Properties Trust in the first quarter worth $128,000. Ffcm LLC increased its stake in shares of Senior Housing Properties Trust by 112.7% in the second quarter. Ffcm LLC now owns 7,661 shares of the company’s stock worth $158,000 after buying an additional 4,060 shares during the period. Campbell & CO Investment Adviser LLC purchased a new position in shares of Senior Housing Properties Trust in the second quarter worth $205,000. Finally, Cetera Investment Advisers purchased a new position in shares of Senior Housing Properties Trust in the second quarter worth $205,000.

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.

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

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