Senior Housing Properties Trust (SNH) Receives Consensus Rating of “Hold” from Analysts

Senior Housing Properties Trust (NASDAQ:SNH) has received an average recommendation of “Hold” from the eleven ratings firms that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $21.19.

Several research analysts have recently weighed in on SNH shares. Zacks Investment Research downgraded Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, October 19th. BidaskClub downgraded Senior Housing Properties Trust from a “sell” rating to a “strong sell” rating in a research note on Friday, October 27th. Robert W. Baird reaffirmed a “hold” rating and set a $21.00 target price on shares of Senior Housing Properties Trust in a research note on Friday, November 3rd. B. Riley reaffirmed a “buy” rating on shares of Senior Housing Properties Trust in a research note on Wednesday, November 1st. Finally, ValuEngine raised Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a research note on Friday, December 1st.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Security Capital Research & Management Inc. increased its position in shares of Senior Housing Properties Trust by 61.2% during the fourth quarter. Security Capital Research & Management Inc. now owns 11,326,407 shares of the real estate investment trust’s stock worth $216,901,000 after purchasing an additional 4,298,239 shares in the last quarter. LSV Asset Management increased its position in shares of Senior Housing Properties Trust by 9.0% during the fourth quarter. LSV Asset Management now owns 10,618,715 shares of the real estate investment trust’s stock worth $203,348,000 after purchasing an additional 874,700 shares in the last quarter. Schwab Charles Investment Management Inc. increased its position in shares of Senior Housing Properties Trust by 3.4% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 5,416,808 shares of the real estate investment trust’s stock worth $103,732,000 after purchasing an additional 177,663 shares in the last quarter. Prudential Financial Inc. increased its position in shares of Senior Housing Properties Trust by 16.8% during the third quarter. Prudential Financial Inc. now owns 2,996,212 shares of the real estate investment trust’s stock worth $58,576,000 after purchasing an additional 431,702 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Senior Housing Properties Trust by 10.8% during the fourth quarter. Wells Fargo & Company MN now owns 1,125,623 shares of the real estate investment trust’s stock worth $21,557,000 after purchasing an additional 109,406 shares in the last quarter. Hedge funds and other institutional investors own 74.05% of the company’s stock.

Senior Housing Properties Trust (NASDAQ SNH) opened at $16.36 on Friday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.33 and a current ratio of 1.33. The firm has a market capitalization of $3,890.00, a P/E ratio of 30.87, a PEG ratio of 2.62 and a beta of 0.37. Senior Housing Properties Trust has a 52 week low of $15.52 and a 52 week high of $22.52.

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 22nd. Investors of record on Monday, January 29th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 9.54%. The ex-dividend date of this dividend is Friday, January 26th. Senior Housing Properties Trust’s payout ratio is 294.34%.

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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.

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

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