Checchi Capital Advisers LLC increased its stake in shares of Senior Housing Properties Trust (NYSE:SNH) by 0.6% during the second quarter, Holdings Channel reports. The fund owned 5,450 shares of the real estate investment trust’s stock after buying an additional 34 shares during the period. Checchi Capital Advisers LLC’s holdings in Senior Housing Properties Trust were worth $114,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of SNH. Envestnet Asset Management Inc. boosted its stake in shares of Senior Housing Properties Trust by 27.4% in the first quarter. Envestnet Asset Management Inc. now owns 6,312 shares of the real estate investment trust’s stock valued at $113,000 after buying an additional 1,358 shares during the last quarter. Independent Portfolio Consultants Inc. boosted its stake in shares of Senior Housing Properties Trust by 0.5% in the second quarter. Independent Portfolio Consultants Inc. now owns 7,720 shares of the real estate investment trust’s stock valued at $161,000 after buying an additional 35 shares during the last quarter. 1st Global Advisors Inc. bought a new stake in shares of Senior Housing Properties Trust during the second quarter valued at $219,000. BlackRock Japan Co. Ltd boosted its stake in shares of Senior Housing Properties Trust by 1.9% in the first quarter. BlackRock Japan Co. Ltd now owns 12,554 shares of the real estate investment trust’s stock valued at $225,000 after buying an additional 230 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its stake in shares of Senior Housing Properties Trust by 123.9% in the second quarter. Acadian Asset Management LLC now owns 11,383 shares of the real estate investment trust’s stock valued at $237,000 after buying an additional 6,299 shares during the last quarter.

Shares of Senior Housing Properties Trust (NYSE:SNH) traded down 0.18% on Friday, reaching $21.60. The company’s stock had a trading volume of 1,613,311 shares. The company’s 50 day moving average price is $22.11 and its 200 day moving average price is $19.58. Senior Housing Properties Trust has a 12-month low of $13.53 and a 12-month high of $23.85. The company has a market cap of $5.13 billion, a P/E ratio of 43.37 and a beta of 0.52.

Senior Housing Properties Trust (NYSE:SNH) last posted its quarterly earnings results on Friday, August 5th. The real estate investment trust reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. The company earned $261.40 million during the quarter, compared to analysts’ expectations of $259.70 million. The business’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.45 EPS. Analysts forecast that Senior Housing Properties Trust will post $1.90 EPS for the current fiscal year.

SNH has been the subject of several recent research reports. Jefferies Group increased their price target on Senior Housing Properties Trust from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Monday, August 22nd. Zacks Investment Research raised Senior Housing Properties Trust from a “sell” rating to a “hold” rating and set a $25.00 price target for the company in a research note on Wednesday, August 10th. Finally, Royal Bank Of Canada raised Senior Housing Properties Trust from a “sector perform” rating to an “outperform” rating and increased their price target for the company from $18.00 to $23.00 in a research note on Friday, June 17th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $21.80.

About Senior Housing Properties Trust

Senior Housing Properties Trust is a real estate investment trust (REIT). The Company operates through four segments: 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, which includes the remainder of its operations, including certain properties that offer fitness, wellness and spa services to members.

5 Day Chart for NYSE:SNH

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