BidaskClub cut shares of Senior Housing Properties Trust (NASDAQ:SNH) from a hold rating to a sell rating in a research note issued to investors on Thursday morning.

Other research analysts also recently issued reports about the company. B. Riley reissued a buy rating on shares of Senior Housing Properties Trust in a research note on Wednesday, November 1st. ValuEngine raised Senior Housing Properties Trust from a hold rating to a buy rating in a research note on Monday, October 2nd. Morgan Stanley boosted their price objective on Senior Housing Properties Trust from $18.50 to $19.50 and gave the company an equal weight rating in a research note on Monday, September 25th. Robert W. Baird reaffirmed a hold rating and issued a $21.00 target price on shares of Senior Housing Properties Trust in a research report on Friday, November 3rd. Finally, Royal Bank Of Canada reaffirmed a hold rating and issued a $20.00 target price on shares of Senior Housing Properties Trust in a research report on Wednesday, September 13th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of Hold and an average price target of $21.31.

Senior Housing Properties Trust (SNH) opened at $19.06 on Thursday. The company has a market capitalization of $4,530.00, a PE ratio of 10.36, a price-to-earnings-growth ratio of 3.43 and a beta of 0.48. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 1.08. Senior Housing Properties Trust has a twelve month low of $17.14 and a twelve month high of $22.52.

Senior Housing Properties Trust (NASDAQ:SNH) last announced its quarterly earnings data on Thursday, November 9th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.01). The business had revenue of $266.68 million during the quarter, compared to analyst estimates of $266.23 million. Senior Housing Properties Trust had a net margin of 11.72% and a return on equity of 3.79%. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.45 earnings per share. equities analysts anticipate that Senior Housing Properties Trust will post 1.78 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 16th. Shareholders of record on Monday, October 23rd were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 8.18%. The ex-dividend date was Friday, October 20th. Senior Housing Properties Trust’s dividend payout ratio is currently 294.34%.

Institutional investors and hedge funds have recently modified their holdings of the business. Cetera Advisors LLC increased its holdings in Senior Housing Properties Trust by 30.8% during the 3rd quarter. Cetera Advisors LLC now owns 13,047 shares of the real estate investment trust’s stock worth $254,000 after purchasing an additional 3,070 shares in the last quarter. Belpointe Asset Management LLC bought a new position in shares of Senior Housing Properties Trust in the third quarter valued at approximately $436,000. Lido Advisors LLC grew its holdings in shares of Senior Housing Properties Trust by 214.8% in the third 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 shares of Senior Housing Properties Trust in the third quarter valued at approximately $1,063,000. Finally, Eii Capital Management Inc. bought a new position in shares of Senior Housing Properties Trust in the third quarter valued at approximately $1,156,000. 73.80% of the stock is owned by hedge funds and other institutional investors.

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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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