Ameriprise Financial Inc. raised its stake in Senior Housing Properties Trust (NYSE:SNH) by 11.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 908,135 shares of the company’s stock after acquiring an additional 93,777 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.38% of Senior Housing Properties Trust worth $18,560,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Oxford Asset Management purchased a new stake in shares of Senior Housing Properties Trust in the first quarter valued at $241,000. Rafferty Asset Management LLC boosted its stake in shares of Senior Housing Properties Trust by 260.5% during the first quarter. Rafferty Asset Management LLC now owns 42,672 shares of the company’s stock valued at $864,000 after acquiring an additional 30,836 shares during the last quarter. Credit Agricole S A boosted its stake in shares of Senior Housing Properties Trust by 27.0% during the first quarter. Credit Agricole S A now owns 210,817 shares of the company’s stock valued at $4,270,000 after acquiring an additional 44,847 shares during the last quarter. OppenheimerFunds Inc. boosted its stake in shares of Senior Housing Properties Trust by 16.8% during the first quarter. OppenheimerFunds Inc. now owns 78,699 shares of the company’s stock valued at $1,594,000 after acquiring an additional 11,323 shares during the last quarter. Finally, Wellington Management Group LLP boosted its stake in shares of Senior Housing Properties Trust by 314.2% during the first quarter. Wellington Management Group LLP now owns 312,685 shares of the company’s stock valued at $6,332,000 after acquiring an additional 237,202 shares during the last quarter.

Shares of Senior Housing Properties Trust (SNH) opened at 19.41 on Tuesday. Senior Housing Properties Trust has a 12 month low of $17.14 and a 12 month high of $22.94.

Senior Housing Properties Trust (NYSE:SNH) last issued its quarterly earnings results on Thursday, August 3rd. The company reported $0.44 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by ($0.01). Senior Housing Properties Trust had a net margin of 6.43% and a return on equity of 2.01%. The firm had revenue of $265.01 million during the quarter, compared to analysts’ expectations of $260.72 million. During the same quarter last year, the company posted $0.47 EPS. The firm’s revenue was up 1.4% compared to the same quarter last year. Analysts predict that Senior Housing Properties Trust will post $0.61 earnings per share for the current fiscal year.

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Several research analysts recently weighed in on the stock. UBS AG cut their target price on shares of Senior Housing Properties Trust from $20.00 to $19.00 and set a “neutral” rating for the company in a research note on Monday. Morgan Stanley upped their target price on shares of Senior Housing Properties Trust from $18.50 to $19.50 and gave the company an “equal weight” rating in a report on Monday, September 25th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $22.00 price target on shares of Senior Housing Properties Trust in a research note on Monday, July 24th. Zacks Investment Research raised shares of Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Finally, Cantor Fitzgerald reiterated a “buy” rating and set a $24.00 price target on shares of Senior Housing Properties Trust in a report on Friday, June 9th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. Senior Housing Properties Trust currently has a consensus rating of “Hold” and an average price target of $21.07.

About Senior Housing Properties Trust

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.

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

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