Senior Housing Properties Trust (NASDAQ:SNH) was upgraded by equities researchers at ValuEngine from a “hold” rating to a “buy” rating in a report released on Friday.

Several other brokerages have also recently weighed in on SNH. Zacks Investment Research upgraded Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. Robert W. Baird restated a “hold” rating and set a $21.00 target price on shares of Senior Housing Properties Trust in a report on Friday, November 3rd. BidaskClub cut Senior Housing Properties Trust from a “sell” rating to a “strong sell” rating in a report on Friday, October 27th. B. Riley restated a “buy” rating on shares of Senior Housing Properties Trust in a report on Wednesday, November 1st. Finally, UBS lowered their target price on Senior Housing Properties Trust from $20.00 to $19.00 and set a “neutral” rating on the stock in a report on Monday, October 2nd. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $21.31.

Senior Housing Properties Trust (SNH) traded up $0.24 during trading hours on Friday, reaching $19.39. The company’s stock had a trading volume of 1,010,000 shares, compared to its average volume of 1,021,404. Senior Housing Properties Trust has a 52 week low of $17.14 and a 52 week high of $22.52. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 1.08. The stock has a market cap of $4,550.62, a price-to-earnings ratio of 10.41, a P/E/G ratio of 3.44 and a beta of 0.47.

Senior Housing Properties Trust (NASDAQ:SNH) last issued its earnings results on Thursday, November 9th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by ($0.01). The company had revenue of $266.68 million for the quarter, compared to analyst estimates of $266.23 million. Senior Housing Properties Trust had a return on equity of 3.79% and a net margin of 11.72%. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.45 earnings per share. analysts anticipate that Senior Housing Properties Trust will post 1.78 earnings per share for the current year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Asset Management One Co. Ltd. lifted its holdings in Senior Housing Properties Trust by 0.6% in the third quarter. Asset Management One Co. Ltd. now owns 503,830 shares of the real estate investment trust’s stock valued at $9,827,000 after acquiring an additional 3,071 shares during the last quarter. Public Employees Retirement System of Ohio lifted its holdings in Senior Housing Properties Trust by 28.4% in the third quarter. Public Employees Retirement System of Ohio now owns 476,998 shares of the real estate investment trust’s stock valued at $9,325,000 after acquiring an additional 105,470 shares during the last quarter. AXA lifted its holdings in Senior Housing Properties Trust by 28.3% in the third quarter. AXA now owns 305,527 shares of the real estate investment trust’s stock valued at $5,973,000 after acquiring an additional 67,429 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in Senior Housing Properties Trust by 16.8% in the third quarter. Janus Henderson Group PLC now owns 236,841 shares of the real estate investment trust’s stock valued at $4,630,000 after acquiring an additional 34,108 shares during the last quarter. Finally, AMP Capital Investors Ltd lifted its holdings in Senior Housing Properties Trust by 301.8% in the third quarter. AMP Capital Investors Ltd now owns 146,975 shares of the real estate investment trust’s stock valued at $2,874,000 after acquiring an additional 110,400 shares during the last quarter. Hedge funds and other institutional investors own 73.76% of the company’s stock.

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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 (NASDAQ:SNH)

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