Senior Housing Properties Trust (SNH) Rating Increased to Hold at BidaskClub

Senior Housing Properties Trust (NASDAQ:SNH) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Tuesday.

A number of other analysts have also commented on SNH. Zacks Investment Research lowered Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a report on Thursday, August 31st. ValuEngine lowered Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Royal Bank of Canada reissued a “hold” rating and set a $20.00 price objective on shares of Senior Housing Properties Trust in a report on Wednesday, September 13th. Morgan Stanley boosted their price objective on Senior Housing Properties Trust from $18.50 to $19.50 and gave the stock an “equal weight” rating in a report on Monday, September 25th. Finally, UBS decreased their price objective on Senior Housing Properties Trust from $20.00 to $19.00 and set a “neutral” rating for the company in a report on Monday, October 2nd. Seven analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $21.31.

Shares of Senior Housing Properties Trust (NASDAQ:SNH) opened at $18.89 on Tuesday. 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 company has a market capitalization of $4,500.00, a P/E ratio of 10.72, a price-to-earnings-growth ratio of 3.59 and a beta of 0.48. Senior Housing Properties Trust has a twelve month low of $17.72 and a twelve month high of $22.52.

Senior Housing Properties Trust (NASDAQ:SNH) last issued its quarterly earnings data on Thursday, November 9th. The real estate investment trust reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.01). The company had revenue of $266.68 million for the quarter, compared to the consensus estimate of $266.23 million. Senior Housing Properties Trust had a return on equity of 3.79% and a net margin of 11.72%. The business’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.45 earnings per share. sell-side analysts predict that Senior Housing Properties Trust will post 1.76 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Asset Management One Co. Ltd. boosted its stake in shares of Senior Housing Properties Trust by 0.6% in the 3rd quarter. Asset Management One Co. Ltd. now owns 503,830 shares of the real estate investment trust’s stock worth $9,827,000 after buying an additional 3,071 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in shares of Senior Housing Properties Trust by 28.4% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 476,998 shares of the real estate investment trust’s stock worth $9,325,000 after buying an additional 105,470 shares during the last quarter. AXA boosted its stake in shares of Senior Housing Properties Trust by 28.3% in the 3rd quarter. AXA now owns 305,527 shares of the real estate investment trust’s stock worth $5,973,000 after buying an additional 67,429 shares during the last quarter. Janus Henderson Group PLC boosted its stake in shares of Senior Housing Properties Trust by 16.8% in the 3rd quarter. Janus Henderson Group PLC now owns 236,841 shares of the real estate investment trust’s stock worth $4,630,000 after buying an additional 34,108 shares during the last quarter. Finally, AMP Capital Investors Ltd boosted its stake in shares of Senior Housing Properties Trust by 301.8% in the 3rd quarter. AMP Capital Investors Ltd now owns 146,975 shares of the real estate investment trust’s stock worth $2,874,000 after buying an additional 110,400 shares during the last quarter. Hedge funds and other institutional investors own 73.75% 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.

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

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