Ingalls & Snyder LLC cut its position in shares of Senior Housing Properties Trust (NASDAQ:SNH) by 26.4% during the 4th quarter, HoldingsChannel reports. The firm owned 22,300 shares of the real estate investment trust’s stock after selling 8,000 shares during the period. Ingalls & Snyder LLC’s holdings in Senior Housing Properties Trust were worth $427,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Prudential Financial Inc. raised its stake in 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 valued at $58,576,000 after buying an additional 431,702 shares during the last quarter. Schwab Charles Investment Management Inc. raised its stake in 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 valued at $103,732,000 after buying an additional 177,663 shares during the last quarter. Sterling Capital Management LLC purchased a new position in Senior Housing Properties Trust during the third quarter valued at $2,308,000. AMP Capital Investors Ltd raised its stake in Senior Housing Properties Trust by 301.8% during the third quarter. AMP Capital Investors Ltd now owns 146,975 shares of the real estate investment trust’s stock valued at $2,874,000 after buying an additional 110,400 shares during the last quarter. Finally, Public Employees Retirement System of Ohio raised its stake in Senior Housing Properties Trust by 28.4% during the third quarter. Public Employees Retirement System of Ohio now owns 476,998 shares of the real estate investment trust’s stock valued at $9,325,000 after buying an additional 105,470 shares during the last quarter. Institutional investors own 73.75% of the company’s stock.

A number of brokerages have issued reports on SNH. BidaskClub upgraded Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, December 19th. Zacks Investment Research cut Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research note on Thursday, October 19th. Jefferies Group restated a “hold” rating and issued a $20.00 price target on shares of Senior Housing Properties Trust in a research note on Tuesday, October 3rd. UBS Group decreased their price target on Senior Housing Properties Trust from $20.00 to $19.00 and set a “neutral” rating for the company in a research note on Monday, October 2nd. Finally, Robert W. Baird restated a “hold” rating and issued a $20.00 price target on shares of Senior Housing Properties Trust in a research note on Friday, November 24th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $21.19.

Senior Housing Properties Trust (SNH) opened at $17.73 on Monday. Senior Housing Properties Trust has a one year low of $17.53 and a one year high of $22.52. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $4,213.18, a price-to-earnings ratio of 33.45, a PEG ratio of 3.20 and a beta of 0.47.

Senior Housing Properties Trust (NASDAQ:SNH) last posted its quarterly earnings results on Thursday, November 9th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate 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 business had revenue of $266.68 million during the quarter, compared to analysts’ expectations of $266.23 million. During the same quarter in the prior year, the firm earned $0.45 EPS. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. research analysts expect that Senior Housing Properties Trust will post 1.76 EPS for the current fiscal year.

The company also recently disclosed 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 dividend on an annualized basis and a yield of 8.80%. The ex-dividend date of this dividend is Friday, January 26th. Senior Housing Properties Trust’s dividend payout ratio (DPR) is presently 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.

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

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