Senior Housing Properties Trust (NASDAQ:SNH) – Investment analysts at Jefferies Group dropped their FY2017 earnings per share estimates for shares of Senior Housing Properties Trust in a research note issued to investors on Monday. Jefferies Group analyst O. Okusanya now forecasts that the real estate investment trust will post earnings of $1.71 per share for the year, down from their previous forecast of $1.73. Jefferies Group currently has a “Hold” rating and a $20.00 target price on the stock.

Senior Housing Properties Trust (NASDAQ:SNH) last announced its earnings results on Thursday, November 9th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.01). Senior Housing Properties Trust had a net margin of 11.72% and a return on equity of 3.79%. The business had revenue of $266.68 million during the quarter, compared to analyst estimates of $266.23 million. During the same period in the previous year, the company earned $0.45 earnings per share. The business’s revenue for the quarter was up 1.0% on a year-over-year basis.

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A number of other equities analysts have also issued reports on SNH. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $22.00 target price on shares of Senior Housing Properties Trust in a research report on Monday, July 24th. BidaskClub lowered Senior Housing Properties Trust from a “sell” rating to a “strong sell” rating in a research report on Friday, July 28th. Zacks Investment Research lowered Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research report on Thursday, August 31st. ValuEngine lowered Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Morgan Stanley upped their price target on Senior Housing Properties Trust from $18.50 to $19.50 and gave the company an “equal weight” rating in a research report on Monday, September 25th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. Senior Housing Properties Trust currently has an average rating of “Hold” and a consensus target price of $21.44.

Senior Housing Properties Trust (NASDAQ:SNH) opened at $19.35 on Tuesday. Senior Housing Properties Trust has a 52-week low of $17.14 and a 52-week high of $22.52. The stock has a market capitalization of $4,557.75, a P/E ratio of 10.42, a price-to-earnings-growth ratio of 3.39 and a beta of 0.46. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.33 and a quick ratio of 1.33.

Hedge funds have recently bought and sold shares of the stock. Lido Advisors LLC raised its position in shares of Senior Housing Properties Trust by 214.8% during the 3rd quarter. Lido Advisors LLC now owns 47,629 shares of the real estate investment trust’s stock valued at $876,000 after acquiring an additional 32,500 shares in the last quarter. Alyeska Investment Group L.P. bought a new position in Senior Housing Properties Trust during the 3rd quarter worth $1,063,000. Stifel Financial Corp grew its stake in Senior Housing Properties Trust by 63.9% during the 3rd quarter. Stifel Financial Corp now owns 64,753 shares of the real estate investment trust’s stock worth $1,275,000 after buying an additional 25,241 shares during the last quarter. AMP Capital Investors Ltd grew its stake in Senior Housing Properties Trust by 301.8% during 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. Finally, Janus Henderson Group PLC grew its stake in Senior Housing Properties Trust by 16.8% during 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. 74.65% of the stock is currently owned by institutional investors and hedge funds.

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 16th. Investors of record on Monday, October 23rd will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 8.06%. The ex-dividend date of this dividend is Friday, October 20th. Senior Housing Properties Trust’s dividend payout ratio is currently 294.34%.

About Senior Housing Properties Trust

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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