BidaskClub downgraded shares of Senior Housing Properties Trust (NASDAQ:SNH) from a hold rating to a sell rating in a report released on Saturday morning.

Other research analysts have also recently issued reports about the stock. B. Riley reiterated a buy rating on shares of Senior Housing Properties Trust in a report on Wednesday, November 1st. Morgan Stanley lifted their price objective 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 reiterated a hold rating and set a $20.00 price objective on shares of Senior Housing Properties Trust in a report on Wednesday, September 13th. Robert W. Baird dropped their price target on shares of Senior Housing Properties Trust from $20.00 to $19.00 and set a neutral rating on the stock in a research report on Friday. Finally, UBS Group dropped their price target on shares of Senior Housing Properties Trust from $20.00 to $19.00 and set a neutral rating on the stock in a research report on Monday, October 2nd. One analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. Senior Housing Properties Trust presently has a consensus rating of Hold and an average price target of $21.19.

Senior Housing Properties Trust (SNH) opened at $18.30 on Friday. The stock has a market cap of $4,350.00, a PE ratio of 34.53, a PEG ratio of 3.25 and a beta of 0.48. Senior Housing Properties Trust has a twelve month low of $18.26 and a twelve month high of $22.52. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 1.08.

Senior Housing Properties Trust (NASDAQ:SNH) last issued its quarterly earnings data on Thursday, November 9th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.01). The business had revenue of $266.68 million for the quarter, compared to analyst estimates of $266.23 million. Senior Housing Properties Trust had a net margin of 13.41% and a return on equity of 4.40%. The firm’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.45 earnings per share. sell-side analysts anticipate that Senior Housing Properties Trust will post 1.76 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in SNH. Prudential Financial Inc. raised its position in Senior Housing Properties Trust by 16.8% in the third quarter. Prudential Financial Inc. now owns 2,996,212 shares of the real estate investment trust’s stock worth $58,576,000 after acquiring an additional 431,702 shares during the period. Sterling Capital Management LLC bought a new stake in Senior Housing Properties Trust in the third quarter worth about $2,308,000. AMP Capital Investors Ltd raised its position in Senior Housing Properties Trust by 301.8% in the third quarter. AMP Capital Investors Ltd now owns 146,975 shares of the real estate investment trust’s stock worth $2,874,000 after acquiring an additional 110,400 shares during the period. Public Employees Retirement System of Ohio raised its position in Senior Housing Properties Trust by 28.4% in the third quarter. Public Employees Retirement System of Ohio now owns 476,998 shares of the real estate investment trust’s stock worth $9,325,000 after acquiring an additional 105,470 shares during the period. Finally, AXA raised its position in Senior Housing Properties Trust by 28.3% in the third quarter. AXA now owns 305,527 shares of the real estate investment trust’s stock worth $5,973,000 after acquiring an additional 67,429 shares during the period. 73.75% of the stock is currently owned by institutional investors.

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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.

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

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