BNP Paribas Arbitrage SA lifted its stake in shares of Senior Housing Properties Trust (NASDAQ:SNH) by 34.3% during the second quarter, HoldingsChannel.com reports. The fund owned 135,923 shares of the real estate investment trust’s stock after acquiring an additional 34,734 shares during the period. BNP Paribas Arbitrage SA’s holdings in Senior Housing Properties Trust were worth $2,459,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Ramsey Quantitative Systems purchased a new stake in shares of Senior Housing Properties Trust during the second quarter worth $355,000. Perella Weinberg Partners Capital Management LP purchased a new stake in shares of Senior Housing Properties Trust during the second quarter worth $1,382,000. Cornerstone Wealth Management LLC purchased a new stake in shares of Senior Housing Properties Trust during the second quarter worth $450,000. Garner Asset Management Corp increased its position in shares of Senior Housing Properties Trust by 5.8% during the second quarter. Garner Asset Management Corp now owns 189,359 shares of the real estate investment trust’s stock worth $3,426,000 after acquiring an additional 10,433 shares during the period. Finally, Nisa Investment Advisors LLC increased its position in shares of Senior Housing Properties Trust by 27.4% during the second quarter. Nisa Investment Advisors LLC now owns 78,500 shares of the real estate investment trust’s stock worth $1,420,000 after acquiring an additional 16,900 shares during the period. 73.64% of the stock is currently owned by institutional investors and hedge funds.

SNH has been the topic of a number of recent research reports. B. Riley set a $22.00 price objective on Senior Housing Properties Trust and gave the stock a “buy” rating in a research report on Wednesday, May 9th. BidaskClub raised Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a research report on Friday, June 22nd. Zacks Investment Research raised Senior Housing Properties Trust from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research report on Thursday, August 2nd. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Senior Housing Properties Trust in a report on Friday, July 20th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $19.05.

Senior Housing Properties Trust opened at $18.40 on Tuesday, Marketbeat reports. The firm has a market capitalization of $4.32 billion, a P/E ratio of 11.59, a price-to-earnings-growth ratio of 2.77 and a beta of 0.48. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.52 and a current ratio of 1.52. Senior Housing Properties Trust has a 12 month low of $14.86 and a 12 month high of $20.27.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 16th. Investors of record on Monday, July 30th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 8.48%. The ex-dividend date of this dividend is Friday, July 27th. Senior Housing Properties Trust’s dividend payout ratio (DPR) is presently 98.73%.

About Senior Housing Properties Trust

SNH is a real estate investment trust, or REIT, that owns senior living communities, medical office and life science properties and wellness centers throughout the United States. SNH is managed by the operating subsidiary of The RMR Group Inc (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, MA.

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

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