Investment Analysts’ Weekly Ratings Changes for Senior Housing Properties Trust (SNH)

Senior Housing Properties Trust (NASDAQ: SNH) has recently received a number of price target changes and ratings updates:

  • 3/28/2019 – Senior Housing Properties Trust was given a new $11.00 price target on by analysts at Morgan Stanley. They now have a “sell” rating on the stock.
  • 3/20/2019 – Senior Housing Properties Trust was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 3/12/2019 – Senior Housing Properties Trust was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Senior Housing Properties Trust is a healthcare Real Estate Investment Trust or REIT which owns senior living communities; office buildings leased to medical providers, medical related businesses, clinics, and biotech laboratory tenants; as well as wellness centers. “
  • 3/12/2019 – Senior Housing Properties Trust was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 3/5/2019 – Senior Housing Properties Trust was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 3/1/2019 – Senior Housing Properties Trust was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.
  • 2/27/2019 – Senior Housing Properties Trust was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 2/20/2019 – Senior Housing Properties Trust was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 2/6/2019 – Senior Housing Properties Trust was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $15.00 price target on the stock. According to Zacks, “Senior Housing Properties Trust is a healthcare Real Estate Investment Trust or REIT which owns senior living communities; office buildings leased to medical providers, medical related businesses, clinics, and biotech laboratory tenants; as well as wellness centers. “
  • 2/2/2019 – Senior Housing Properties Trust was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

SNH traded up $0.18 on Monday, hitting $11.96. 1,645,554 shares of the company were exchanged, compared to its average volume of 1,995,385. Senior Housing Properties Trust has a twelve month low of $11.13 and a twelve month high of $19.17. The stock has a market capitalization of $2.80 billion, a price-to-earnings ratio of 7.52, a PEG ratio of 3.53 and a beta of 0.85. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.10 and a quick ratio of 1.10.

Senior Housing Properties Trust (NASDAQ:SNH) last released its earnings results on Friday, March 1st. The real estate investment trust reported $0.27 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.11. Senior Housing Properties Trust had a return on equity of 6.71% and a net margin of 25.68%. The firm had revenue of $285.22 million during the quarter, compared to analysts’ expectations of $287.42 million. During the same period in the previous year, the firm posted $0.15 EPS. Senior Housing Properties Trust’s revenue for the quarter was up 2.4% on a year-over-year basis. On average, research analysts anticipate that Senior Housing Properties Trust will post 1.63 earnings per share for the current year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. boosted its position in shares of Senior Housing Properties Trust by 264.3% during the 3rd quarter. Russell Investments Group Ltd. now owns 43,633 shares of the real estate investment trust’s stock worth $765,000 after acquiring an additional 31,657 shares in the last quarter. MML Investors Services LLC acquired a new position in shares of Senior Housing Properties Trust during the 3rd quarter worth about $210,000. Alliancebernstein L.P. boosted its position in shares of Senior Housing Properties Trust by 22.3% during the 3rd quarter. Alliancebernstein L.P. now owns 731,330 shares of the real estate investment trust’s stock worth $12,842,000 after acquiring an additional 133,450 shares in the last quarter. Janus Henderson Group PLC boosted its position in shares of Senior Housing Properties Trust by 211.0% during the 3rd quarter. Janus Henderson Group PLC now owns 83,632 shares of the real estate investment trust’s stock worth $1,469,000 after acquiring an additional 56,745 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Senior Housing Properties Trust by 2.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,852,268 shares of the real estate investment trust’s stock worth $67,646,000 after acquiring an additional 75,500 shares in the last quarter. 71.83% of the stock is owned by hedge funds and other institutional investors.

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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