Global X Management Co. LLC increased its stake in shares of Senior Housing Properties Trust (NYSE:SNH) by 5.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 456,774 shares of the company’s stock after buying an additional 21,691 shares during the period. Global X Management Co. LLC’s holdings in Senior Housing Properties Trust were worth $9,336,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. raised its stake in shares of Senior Housing Properties Trust by 5,222.5% in the first quarter. BlackRock Inc. now owns 24,977,660 shares of the company’s stock valued at $505,798,000 after buying an additional 24,508,377 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Senior Housing Properties Trust by 518.7% in the first quarter. JPMorgan Chase & Co. now owns 3,607,893 shares of the company’s stock valued at $73,059,000 after buying an additional 3,024,789 shares during the period. Vanguard Group Inc. raised its stake in shares of Senior Housing Properties Trust by 5.1% in the first quarter. Vanguard Group Inc. now owns 41,184,214 shares of the company’s stock valued at $833,981,000 after buying an additional 2,017,007 shares during the period. Schwab Charles Investment Management Inc. raised its stake in shares of Senior Housing Properties Trust by 37.9% in the first quarter. Schwab Charles Investment Management Inc. now owns 3,938,518 shares of the company’s stock valued at $79,755,000 after buying an additional 1,083,063 shares during the period. Finally, Westfield Capital Management Co. LP bought a new stake in shares of Senior Housing Properties Trust during the first quarter valued at about $17,114,000.

Senior Housing Properties Trust (NYSE SNH) opened at 19.05 on Thursday. The company’s 50-day moving average is $19.87 and its 200-day moving average is $20.40. The firm has a market capitalization of $4.53 billion and a price-to-earnings ratio of 31.80. Senior Housing Properties Trust has a 52-week low of $17.14 and a 52-week high of $23.85.

Senior Housing Properties Trust (NYSE:SNH) last released its earnings results on Thursday, August 3rd. The company reported $0.44 earnings per share (EPS) 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 2.01% and a net margin of 6.43%. The company had revenue of $265.01 million during the quarter, compared to analyst estimates of $260.72 million. During the same period in the prior year, the business posted $0.47 earnings per share. Senior Housing Properties Trust’s revenue was up 1.4% on a year-over-year basis. Equities analysts predict that Senior Housing Properties Trust will post $0.61 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 17th. Investors of record on Monday, July 24th will be given a $0.39 dividend. The ex-dividend date of this dividend is Thursday, July 20th. This represents a $1.56 annualized dividend and a dividend yield of 8.19%.

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Several analysts have recently issued reports on SNH shares. Royal Bank Of Canada lowered shares of Senior Housing Properties Trust from an “outperform” rating to a “sector perform” rating and dropped their target price for the company from $24.00 to $22.00 in a research report on Monday, May 15th. They noted that the move was a valuation call. Jefferies Group LLC restated a “hold” rating and set a $21.00 price target on shares of Senior Housing Properties Trust in a research report on Friday, May 12th. FBR & Co restated a “buy” rating on shares of Senior Housing Properties Trust in a research report on Monday, May 8th. Finally, Cantor Fitzgerald restated a “buy” rating and set a $24.00 price target on shares of Senior Housing Properties Trust in a research report on Friday, June 9th. One analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. Senior Housing Properties Trust has a consensus rating of “Hold” and a consensus target price of $22.67.

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 (NYSE:SNH)

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