Chicago Equity Partners LLC cut its stake in Senior Housing Properties Trust (NASDAQ:SNH) by 19.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 222,920 shares of the real estate investment trust’s stock after selling 53,990 shares during the quarter. Chicago Equity Partners LLC owned about 0.09% of Senior Housing Properties Trust worth $4,033,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Cornerstone Wealth Management LLC bought a new position in Senior Housing Properties Trust in the 2nd quarter worth $450,000. CIBC Asset Management Inc bought a new position in Senior Housing Properties Trust in the 2nd quarter worth $185,000. United Capital Financial Advisers LLC bought a new position in Senior Housing Properties Trust in the 1st quarter worth $163,000. Keybank National Association OH bought a new position in Senior Housing Properties Trust in the 2nd quarter worth $191,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in Senior Housing Properties Trust in the 1st quarter worth $166,000. Institutional investors and hedge funds own 73.42% of the company’s stock.

A number of analysts have recently weighed in on the stock. BidaskClub downgraded shares of Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a research report on Tuesday. Zacks Investment Research raised shares of Senior Housing Properties Trust from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a research report on Thursday, August 2nd. Finally, B. Riley set a $22.00 target price on shares of Senior Housing Properties Trust and gave the stock a “buy” rating in a research report on Wednesday, May 9th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $19.15.

NASDAQ:SNH opened at $18.96 on Friday. The stock has a market capitalization of $4.46 billion, a PE ratio of 12.01, a price-to-earnings-growth ratio of 2.98 and a beta of 0.48. The company has a current ratio of 5.36, a quick ratio of 5.36 and a debt-to-equity ratio of 1.07. Senior Housing Properties Trust has a 1-year low of $14.86 and a 1-year high of $20.27.

Senior Housing Properties Trust (NASDAQ:SNH) last released its earnings results on Tuesday, August 7th. The real estate investment trust reported $0.52 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.38. The firm had revenue of $277.25 million for the quarter, compared to the consensus estimate of $277.31 million. Senior Housing Properties Trust had a net margin of 41.79% and a return on equity of 13.68%. During the same period in the prior year, the firm earned $0.07 EPS. analysts forecast that Senior Housing Properties Trust will post 1.66 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 16th. Stockholders of record on Monday, July 30th were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 8.23%. The ex-dividend date of this dividend was Friday, July 27th. Senior Housing Properties Trust’s dividend payout ratio is presently 98.73%.

Senior Housing Properties Trust Profile

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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