Senior Housing Properties Trust (NYSE:SNH)‘s stock had its “hold” rating reissued by investment analysts at Robert W. Baird in a report released on Friday. They presently have a $21.00 target price on the stock. Robert W. Baird’s price target suggests a potential upside of 13.15% from the stock’s current price.

Other equities research analysts have also issued reports about the company. BidaskClub raised Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. Morgan Stanley upped their price target on 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 reissued a “hold” rating and set a $20.00 price target on shares of Senior Housing Properties Trust in a research report on Wednesday, September 13th. Zacks Investment Research raised Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Finally, Jefferies Group LLC reissued a “hold” rating and set a $20.00 price target on shares of Senior Housing Properties Trust in a research report on Tuesday, October 3rd. Three research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $21.07.

Shares of Senior Housing Properties Trust (NYSE:SNH) traded up $0.07 on Friday, hitting $18.56. The company’s stock had a trading volume of 1,470,097 shares.

Senior Housing Properties Trust (NYSE:SNH) last announced its earnings results on Thursday, August 3rd. The company reported $0.44 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.01). The business had revenue of $265.01 million during the quarter, compared to analyst estimates of $260.72 million. Senior Housing Properties Trust had a net margin of 6.43% and a return on equity of 2.01%. The business’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.47 earnings per share.

ILLEGAL ACTIVITY NOTICE: “Senior Housing Properties Trust’s (SNH) “Hold” Rating Reiterated at Robert W. Baird” was published by American Banking News and is the property of of American Banking News. If you are accessing this story on another site, it was copied illegally and reposted in violation of U.S. & international trademark & copyright law. The correct version of this story can be read at https://www.americanbankingnews.com/2017/11/04/senior-housing-properties-trusts-snh-hold-rating-reiterated-at-robert-w-baird.html.

Hedge funds and other institutional investors have recently modified their holdings of the business. AlphaMark Advisors LLC acquired a new stake in Senior Housing Properties Trust in the second quarter worth $306,000. JPMorgan Chase & Co. increased its position in Senior Housing Properties Trust by 58.8% in the second quarter. JPMorgan Chase & Co. now owns 5,728,923 shares of the company’s stock worth $117,099,000 after buying an additional 2,121,030 shares during the period. Boulegeris Investments Inc. increased its position in Senior Housing Properties Trust by 6.1% in the second quarter. Boulegeris Investments Inc. now owns 64,779 shares of the company’s stock worth $1,324,000 after buying an additional 3,739 shares during the period. Cubist Systematic Strategies LLC increased its position in Senior Housing Properties Trust by 231.8% in the second quarter. Cubist Systematic Strategies LLC now owns 83,353 shares of the company’s stock worth $1,704,000 after buying an additional 58,234 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in Senior Housing Properties Trust by 55.6% in the second quarter. Goldman Sachs Group Inc. now owns 2,018,763 shares of the company’s stock worth $41,263,000 after buying an additional 720,980 shares during the period.

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.

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

Receive News & Ratings for Senior Housing Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Senior Housing Properties Trust and related companies with MarketBeat.com's FREE daily email newsletter.