Teachers Retirement System of The State of Kentucky lowered its position in Senior Housing Properties Trust (NYSE:SNH) by 7.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 49,658 shares of the company’s stock after selling 3,800 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Senior Housing Properties Trust were worth $1,015,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SNH. 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 acquiring an additional 24,508,377 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Senior Housing Properties Trust by 58.8% in the second quarter. JPMorgan Chase & Co. now owns 5,728,923 shares of the company’s stock valued at $117,099,000 after acquiring an additional 2,121,030 shares during the last quarter. 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 acquiring an additional 1,083,063 shares during the last quarter. LSV Asset Management raised its stake in shares of Senior Housing Properties Trust by 11.4% in the second quarter. LSV Asset Management now owns 9,219,850 shares of the company’s stock valued at $188,453,000 after acquiring an additional 946,324 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in shares of Senior Housing Properties Trust by 399.9% in the second quarter. American Century Companies Inc. now owns 387,575 shares of the company’s stock valued at $7,922,000 after acquiring an additional 310,048 shares during the last quarter.

COPYRIGHT VIOLATION WARNING: This article was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this article on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this article can be viewed at https://www.thecerbatgem.com/2017/10/11/senior-housing-properties-trust-snh-shares-sold-by-teachers-retirement-system-of-the-state-of-kentucky.html.

Shares of Senior Housing Properties Trust (NYSE:SNH) opened at 19.42 on Wednesday. The company has a 50 day moving average of $19.61 and a 200-day moving average of $20.37. Senior Housing Properties Trust has a one year low of $17.14 and a one year high of $22.52. The firm has a market cap of $4.61 billion and a price-to-earnings ratio of 38.84.

Senior Housing Properties Trust (NYSE:SNH) last issued its quarterly earnings data 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). The company had revenue of $265.01 million during the quarter, compared to the consensus estimate of $260.72 million. Senior Housing Properties Trust had a net margin of 6.43% and a return on equity of 2.01%. Senior Housing Properties Trust’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.47 EPS. On average, analysts expect that Senior Housing Properties Trust will post $0.58 EPS for the current year.

A number of research firms have recently issued reports on SNH. Royal Bank Of Canada reiterated a “hold” rating and issued a $22.00 target price on shares of Senior Housing Properties Trust in a research note on Monday, June 19th. FBR & Co reiterated a “buy” rating and issued a $24.00 target price on shares of Senior Housing Properties Trust in a research note on Friday, June 30th. BidaskClub upgraded shares of Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a research note on Wednesday, September 6th. Zacks Investment Research cut shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, September 6th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $20.00 target price on shares of Senior Housing Properties Trust in a research note on Tuesday, October 3rd. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. Senior Housing Properties Trust has an average rating of “Hold” and an average price target of $20.93.

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.

Want to see what other hedge funds are holding SNH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Senior Housing Properties Trust (NYSE:SNH).

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

Receive News & Stock Ratings for Senior Housing Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Senior Housing Properties Trust and related stocks with our FREE daily email newsletter.