ValuEngine upgraded shares of Senior Housing Properties Trust (NASDAQ:SNH) from a hold rating to a buy rating in a research note issued to investors on Friday morning.

Other research analysts also recently issued reports about the stock. B. Riley reaffirmed a buy rating on shares of Senior Housing Properties Trust in a research report on Wednesday, November 1st. BidaskClub raised shares of Senior Housing Properties Trust from a hold rating to a buy rating in a research report on Wednesday, September 6th. Morgan Stanley raised their price objective on shares of Senior Housing Properties Trust from $18.50 to $19.50 and gave the stock an equal weight rating in a research report on Monday, September 25th. Royal Bank Of Canada reissued a hold rating and set a $20.00 price objective on shares of Senior Housing Properties Trust in a research report on Wednesday, September 13th. Finally, Zacks Investment Research downgraded shares of Senior Housing Properties Trust from a hold rating to a sell rating in a research report on Wednesday, September 6th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company’s stock. Senior Housing Properties Trust presently has a consensus rating of Hold and a consensus target price of $21.31.

Senior Housing Properties Trust (NASDAQ SNH) traded up $0.02 during midday trading on Friday, hitting $19.41. 1,205,300 shares of the company were exchanged, compared to its average volume of 1,443,460. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.33 and a quick ratio of 1.33. The stock has a market cap of $4,607.65, a P/E ratio of 10.54, a price-to-earnings-growth ratio of 3.49 and a beta of 0.47. Senior Housing Properties Trust has a 1 year low of $17.14 and a 1 year high of $22.52.

Senior Housing Properties Trust (NASDAQ:SNH) last posted its earnings results on Thursday, November 9th. The real estate investment trust reported $0.44 EPS for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.01). The company had revenue of $266.68 million during the quarter, compared to analysts’ expectations of $266.23 million. Senior Housing Properties Trust had a net margin of 11.72% and a return on equity of 3.79%. The company’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period last year, the business earned $0.45 earnings per share. equities analysts expect that Senior Housing Properties Trust will post 1.78 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, November 16th. Stockholders of record on Monday, October 23rd were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 8.04%. The ex-dividend date was Friday, October 20th. Senior Housing Properties Trust’s payout ratio is 294.34%.

Large investors have recently modified their holdings of the company. Cetera Advisors LLC boosted its holdings in shares of Senior Housing Properties Trust by 30.8% in the third quarter. Cetera Advisors LLC now owns 13,047 shares of the real estate investment trust’s stock valued at $254,000 after acquiring an additional 3,070 shares in the last quarter. Belpointe Asset Management LLC purchased a new stake in shares of Senior Housing Properties Trust in the third quarter valued at about $436,000. Lido Advisors LLC boosted its holdings in shares of Senior Housing Properties Trust by 214.8% in the third quarter. Lido Advisors LLC now owns 47,629 shares of the real estate investment trust’s stock valued at $876,000 after acquiring an additional 32,500 shares in the last quarter. Alyeska Investment Group L.P. purchased a new stake in shares of Senior Housing Properties Trust in the third quarter valued at about $1,063,000. Finally, Eii Capital Management Inc. purchased a new stake in shares of Senior Housing Properties Trust in the third quarter valued at about $1,156,000. 73.80% of the stock is currently owned by institutional investors and hedge funds.

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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.

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Analyst Recommendations for Senior Housing Properties Trust (NASDAQ:SNH)

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