Wells Fargo & Company MN Has $21.56 Million Holdings in Senior Housing Properties Trust (SNH)

Wells Fargo & Company MN raised its holdings in shares of Senior Housing Properties Trust (NASDAQ:SNH) by 10.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,125,623 shares of the real estate investment trust’s stock after acquiring an additional 109,406 shares during the period. Wells Fargo & Company MN’s holdings in Senior Housing Properties Trust were worth $21,557,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Greenleaf Trust purchased a new stake in shares of Senior Housing Properties Trust during the fourth quarter worth about $219,000. New Mexico Educational Retirement Board boosted its holdings in shares of Senior Housing Properties Trust by 74.3% during the fourth quarter. New Mexico Educational Retirement Board now owns 58,800 shares of the real estate investment trust’s stock worth $1,126,000 after purchasing an additional 25,069 shares during the period. Rational Advisors LLC boosted its holdings in shares of Senior Housing Properties Trust by 27.9% during the fourth quarter. Rational Advisors LLC now owns 22,910 shares of the real estate investment trust’s stock worth $439,000 after purchasing an additional 5,000 shares during the period. Swiss National Bank boosted its holdings in shares of Senior Housing Properties Trust by 2.1% during the fourth quarter. Swiss National Bank now owns 404,700 shares of the real estate investment trust’s stock worth $7,750,000 after purchasing an additional 8,400 shares during the period. Finally, California Public Employees Retirement System boosted its holdings in shares of Senior Housing Properties Trust by 16.4% during the fourth quarter. California Public Employees Retirement System now owns 602,842 shares of the real estate investment trust’s stock worth $11,544,000 after purchasing an additional 85,141 shares during the period. Institutional investors and hedge funds own 74.00% of the company’s stock.

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SNH has been the subject of a number of analyst reports. B. Riley reiterated a “buy” rating and set a $24.00 target price on shares of Senior Housing Properties Trust in a report on Monday, November 13th. Robert W. Baird reiterated a “hold” rating and set a $20.00 target price on shares of Senior Housing Properties Trust in a report on Friday, November 24th. Zacks Investment Research upgraded shares of Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a report on Thursday, November 30th. ValuEngine upgraded shares of Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Finally, BidaskClub lowered shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a report on Thursday, December 7th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $19.83.

Senior Housing Properties Trust (SNH) opened at $16.02 on Friday. Senior Housing Properties Trust has a one year low of $14.90 and a one year high of $22.52. The stock has a market cap of $3,810.00, a PE ratio of 25.84, a P/E/G ratio of 2.56 and a beta of 0.48. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.12.

Senior Housing Properties Trust (NASDAQ:SNH) last released its quarterly earnings results on Tuesday, February 27th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.28 by ($0.03). Senior Housing Properties Trust had a return on equity of 4.43% and a net margin of 13.73%. The company had revenue of $278.57 million during the quarter, compared to the consensus estimate of $277.99 million. During the same period in the previous year, the company earned $0.18 earnings per share. Senior Housing Properties Trust’s quarterly revenue was up 1.6% on a year-over-year basis. analysts anticipate that Senior Housing Properties Trust will post 1.79 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, February 22nd. Investors of record on Monday, January 29th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 9.74%. The ex-dividend date was Friday, January 26th. Senior Housing Properties Trust’s payout ratio is currently 251.61%.

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Senior Housing Properties Trust 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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Institutional Ownership by Quarter for Senior Housing Properties Trust (NASDAQ:SNH)

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