Senior Housing Properties Trust (SNH) Lowered to “Hold” at ValuEngine

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

A number of other research analysts also recently weighed in on SNH. B. Riley reiterated a “buy” rating on shares of Senior Housing Properties Trust in a report on Wednesday, November 1st. Zacks Investment Research upgraded Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a report on Saturday, January 27th. BidaskClub downgraded Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. Finally, Robert W. Baird reiterated a “hold” rating and set a $21.00 target price on shares of Senior Housing Properties Trust in a report on Friday, November 3rd. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. Senior Housing Properties Trust has a consensus rating of “Hold” and a consensus price target of $21.19.

Senior Housing Properties Trust (NASDAQ:SNH) traded down $0.07 on Friday, reaching $16.76. The company’s stock had a trading volume of 1,154,319 shares, compared to its average volume of 1,326,020. The company has a market cap of $3,982.68, a price-to-earnings ratio of 31.61, a price-to-earnings-growth ratio of 2.66 and a beta of 0.36. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.33 and a quick ratio of 1.33. Senior Housing Properties Trust has a fifty-two week low of $16.43 and a fifty-two week high of $22.52.

Senior Housing Properties Trust (NASDAQ:SNH) last posted its earnings results on Thursday, November 9th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.01). Senior Housing Properties Trust had a return on equity of 3.79% and a net margin of 11.72%. The firm had revenue of $266.68 million for the quarter, compared to analysts’ expectations of $266.23 million. During the same quarter last year, the company posted $0.45 EPS. The firm’s revenue was up 1.0% on a year-over-year basis. analysts anticipate that Senior Housing Properties Trust will post 1.7 earnings per share for the current fiscal year.

Several hedge funds have recently bought and sold shares of the business. Mycio Wealth Partners LLC purchased a new stake in shares of Senior Housing Properties Trust in the 4th quarter worth approximately $199,000. Cetera Advisors LLC grew its stake in shares of Senior Housing Properties Trust by 30.8% in the 3rd quarter. Cetera Advisors LLC now owns 13,047 shares of the real estate investment trust’s stock worth $254,000 after buying an additional 3,070 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Senior Housing Properties Trust by 23.5% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,004 shares of the real estate investment trust’s stock worth $383,000 after buying an additional 3,801 shares during the last quarter. Belpointe Asset Management LLC purchased a new stake in shares of Senior Housing Properties Trust in the 3rd quarter worth approximately $436,000. Finally, Cue Financial Group Inc. grew its stake in shares of Senior Housing Properties Trust by 9.0% in the 4th quarter. Cue Financial Group Inc. now owns 47,425 shares of the real estate investment trust’s stock worth $908,000 after buying an additional 3,900 shares during the last quarter. Hedge funds and other institutional investors own 73.92% 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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