Quantbot Technologies LP boosted its position in Senior Housing Properties Trust (NASDAQ:SNH) by 289.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,837 shares of the real estate investment trust’s stock after purchasing an additional 22,168 shares during the period. Quantbot Technologies LP’s holdings in Senior Housing Properties Trust were worth $523,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. First Hawaiian Bank acquired a new stake in shares of Senior Housing Properties Trust during the 3rd quarter valued at approximately $126,000. Cornerstone Wealth Management LLC acquired a new stake in shares of Senior Housing Properties Trust during the 2nd quarter valued at approximately $450,000. Qube Research & Technologies Ltd acquired a new stake in shares of Senior Housing Properties Trust during the 2nd quarter valued at approximately $184,000. CIBC Asset Management Inc acquired a new stake in shares of Senior Housing Properties Trust during the 2nd quarter valued at approximately $185,000. Finally, Globeflex Capital L P acquired a new stake in shares of Senior Housing Properties Trust during the 3rd quarter valued at approximately $181,000. Hedge funds and other institutional investors own 72.87% of the company’s stock.

Shares of Senior Housing Properties Trust stock opened at $13.30 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 4.49 and a quick ratio of 4.49. Senior Housing Properties Trust has a 1 year low of $13.06 and a 1 year high of $19.98. The company has a market cap of $3.26 billion, a P/E ratio of 8.79, a P/E/G ratio of 2.29 and a beta of 0.46.

Senior Housing Properties Trust (NASDAQ:SNH) last issued its quarterly earnings data on Tuesday, November 6th. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by ($0.03). Senior Housing Properties Trust had a return on equity of 13.42% and a net margin of 42.36%. The company had revenue of $279.00 million for the quarter, compared to analyst estimates of $279.10 million. During the same quarter in the prior year, the firm earned $0.14 earnings per share. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. On average, analysts forecast that Senior Housing Properties Trust will post 1.58 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 15th. Investors of record on Monday, October 29th were given a dividend of $0.39 per share. The ex-dividend date was Friday, October 26th. This represents a $1.56 annualized dividend and a dividend yield of 11.73%. Senior Housing Properties Trust’s dividend payout ratio is currently 98.73%.

A number of research firms have recently issued reports on SNH. Zacks Investment Research upgraded shares of Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a research report on Friday, November 2nd. BidaskClub upgraded shares of Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a research report on Friday, August 17th. B. Riley set a $23.00 price target on shares of Senior Housing Properties Trust and gave the company a “buy” rating in a research report on Tuesday, November 6th. Finally, ValuEngine downgraded shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, October 31st. Six research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. Senior Housing Properties Trust has a consensus rating of “Hold” and a consensus price target of $18.00.

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Senior Housing Properties Trust Company Profile

SNH is a real estate investment trust, or REIT, that owns medical office and life science properties, senior living communities and wellness centers throughout the United States. SNH is managed by the operating subsidiary of The RMR Group Inc (Nasdaq: RMR), or RMR Inc, an alternative asset management company that is headquartered in Newton, MA.

Further Reading: Market Capitalization

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

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