Senior Housing Properties Trust (SNH) Stake Boosted by LPL Financial LLC

LPL Financial LLC boosted its holdings in Senior Housing Properties Trust (NASDAQ:SNH) by 20.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 101,591 shares of the real estate investment trust’s stock after acquiring an additional 17,242 shares during the period. LPL Financial LLC’s holdings in Senior Housing Properties Trust were worth $1,191,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cutler Group LP grew its stake in Senior Housing Properties Trust by 161.5% in the 4th quarter. Cutler Group LP now owns 2,400 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 6,300 shares during the last quarter. Cedar Wealth Management LLC grew its stake in Senior Housing Properties Trust by 72.4% in the 4th quarter. Cedar Wealth Management LLC now owns 2,857 shares of the real estate investment trust’s stock valued at $33,000 after acquiring an additional 1,200 shares during the last quarter. Quantamental Technologies LLC acquired a new stake in Senior Housing Properties Trust in the 4th quarter valued at about $57,000. Rehmann Capital Advisory Group grew its stake in Senior Housing Properties Trust by 1,655.8% in the 3rd quarter. Rehmann Capital Advisory Group now owns 5,759 shares of the real estate investment trust’s stock valued at $328,000 after acquiring an additional 5,431 shares during the last quarter. Finally, Paradigm Asset Management Co. LLC grew its stake in Senior Housing Properties Trust by 584.0% in the 3rd quarter. Paradigm Asset Management Co. LLC now owns 8,550 shares of the real estate investment trust’s stock valued at $150,000 after acquiring an additional 7,300 shares during the last quarter. 70.74% of the stock is currently owned by hedge funds and other institutional investors.

SNH has been the topic of a number of research reports. FBR & Co set a $24.00 price objective on shares of Senior Housing Properties Trust and gave the company a “buy” rating in a research note on Thursday, December 20th. Zacks Investment Research upgraded shares of Senior Housing Properties Trust from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a report on Wednesday, February 6th. BidaskClub upgraded shares of Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a report on Wednesday, February 20th. Finally, Wells Fargo & Co upgraded shares of Senior Housing Properties Trust from a “market perform” rating to an “outperform” rating in a report on Monday, December 3rd. Three analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $18.20.



NASDAQ:SNH opened at $12.36 on Friday. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 7.70, a PEG ratio of 3.50 and a beta of 0.86. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.10 and a current ratio of 1.10. Senior Housing Properties Trust has a 12-month low of $11.13 and a 12-month high of $19.17.

Senior Housing Properties Trust (NASDAQ:SNH) last released its earnings results on Friday, March 1st. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.11. The company had revenue of $285.22 million for the quarter, compared to analyst estimates of $287.42 million. Senior Housing Properties Trust had a net margin of 25.68% and a return on equity of 6.71%. The firm’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.15 EPS. Analysts forecast that Senior Housing Properties Trust will post 1.68 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, February 21st. Shareholders of record on Monday, January 28th were issued a $0.39 dividend. The ex-dividend date of this dividend was Friday, January 25th. This represents a $1.56 dividend on an annualized basis and a yield of 12.62%.

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About Senior Housing Properties Trust

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