Senior Housing Properties Trust (NASDAQ:SNH) Shares Bought by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. lifted its position in shares of Senior Housing Properties Trust (NASDAQ:SNH) by 24.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,713 shares of the real estate investment trust’s stock after acquiring an additional 7,117 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Senior Housing Properties Trust were worth $430,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in SNH. Los Angeles Capital Management & Equity Research Inc. lifted its holdings in Senior Housing Properties Trust by 32.3% in the fourth quarter. Los Angeles Capital Management & Equity Research Inc. now owns 24,748 shares of the real estate investment trust’s stock worth $290,000 after acquiring an additional 6,040 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Senior Housing Properties Trust by 8.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 934,464 shares of the real estate investment trust’s stock worth $10,952,000 after acquiring an additional 71,966 shares during the last quarter. Texas Permanent School Fund lifted its holdings in Senior Housing Properties Trust by 4.0% in the fourth quarter. Texas Permanent School Fund now owns 155,568 shares of the real estate investment trust’s stock worth $1,823,000 after acquiring an additional 6,042 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in Senior Housing Properties Trust by 8.4% in the fourth quarter. Bank of New York Mellon Corp now owns 4,176,501 shares of the real estate investment trust’s stock worth $48,949,000 after acquiring an additional 324,233 shares during the last quarter. Finally, Clearstead Advisors LLC lifted its holdings in Senior Housing Properties Trust by 28.5% in the fourth quarter. Clearstead Advisors LLC now owns 25,894 shares of the real estate investment trust’s stock worth $303,000 after acquiring an additional 5,736 shares during the last quarter. 71.87% of the stock is currently owned by institutional investors and hedge funds.

Shares of Senior Housing Properties Trust stock traded up $0.08 during trading on Friday, hitting $8.15. 2,762,555 shares of the company’s stock traded hands, compared to its average volume of 3,980,369. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.10 and a current ratio of 1.10. Senior Housing Properties Trust has a twelve month low of $8.03 and a twelve month high of $19.17. The firm has a market cap of $1.94 billion, a P/E ratio of 5.13, a price-to-earnings-growth ratio of 2.61 and a beta of 0.84.

Senior Housing Properties Trust (NASDAQ:SNH) last released its quarterly earnings results on Friday, March 1st. The real estate investment trust reported $0.27 EPS for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.11. The firm had revenue of $285.22 million for the quarter, compared to analyst estimates of $287.42 million. Senior Housing Properties Trust had a net margin of 25.68% and a return on equity of 6.71%. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.15 earnings per share. On average, equities analysts forecast that Senior Housing Properties Trust will post 1.36 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 16th. Investors of record on Monday, April 29th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 7.36%. The ex-dividend date of this dividend is Friday, April 26th. Senior Housing Properties Trust’s dividend payout ratio (DPR) is 98.11%.

Several equities research analysts have commented on the stock. Morgan Stanley set a $11.00 price target on shares of Senior Housing Properties Trust and gave the company a “sell” rating in a research note on Thursday, March 28th. BidaskClub lowered shares of Senior Housing Properties Trust from a “sell” rating to a “strong sell” rating in a research report on Friday, April 5th. ValuEngine lowered shares of Senior Housing Properties Trust from a “sell” rating to a “strong sell” rating in a research note on Tuesday, April 9th. Royal Bank of Canada lowered shares of Senior Housing Properties Trust from a “sector perform” rating to an “underperform” rating and set a $8.00 target price for the company. in a research note on Tuesday, April 2nd. Finally, Zacks Investment Research downgraded shares of Senior Housing Properties Trust from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 10th. Six equities research analysts have rated the stock with a sell rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $14.40.

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About Senior Housing Properties Trust

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.

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

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