Parametric Portfolio Associates LLC Buys 807,840 Shares of Senior Housing Properties Trust (NASDAQ:SNH)

Parametric Portfolio Associates LLC raised its stake in shares of Senior Housing Properties Trust (NASDAQ:SNH) by 59.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 2,159,190 shares of the real estate investment trust’s stock after purchasing an additional 807,840 shares during the period. Parametric Portfolio Associates LLC’s holdings in Senior Housing Properties Trust were worth $17,857,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. AGF Investments LLC raised its holdings in Senior Housing Properties Trust by 80.8% during the 2nd quarter. AGF Investments LLC now owns 3,066 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 1,370 shares during the last quarter. World Asset Management Inc raised its holdings in Senior Housing Properties Trust by 9.2% during the 2nd quarter. World Asset Management Inc now owns 16,506 shares of the real estate investment trust’s stock valued at $137,000 after buying an additional 1,387 shares during the last quarter. Commerce Bank raised its holdings in Senior Housing Properties Trust by 13.3% during the 2nd quarter. Commerce Bank now owns 12,984 shares of the real estate investment trust’s stock valued at $107,000 after buying an additional 1,527 shares during the last quarter. Oregon Public Employees Retirement Fund raised its holdings in Senior Housing Properties Trust by 1.8% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 96,603 shares of the real estate investment trust’s stock valued at $799,000 after buying an additional 1,711 shares during the last quarter. Finally, Arizona State Retirement System raised its holdings in Senior Housing Properties Trust by 1.1% during the 2nd quarter. Arizona State Retirement System now owns 172,539 shares of the real estate investment trust’s stock valued at $1,427,000 after buying an additional 1,834 shares during the last quarter. Institutional investors and hedge funds own 72.91% of the company’s stock.

SNH has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of Senior Housing Properties Trust from a “hold” rating to a “buy” rating and set a $9.75 price target for the company in a report on Saturday, August 17th. Morgan Stanley initiated coverage on shares of Senior Housing Properties Trust in a report on Friday, September 6th. They set an “equal weight” rating and a $8.50 price target for the company. ValuEngine upgraded shares of Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a report on Tuesday, August 6th. Finally, BidaskClub downgraded shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research report on Friday, August 23rd. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. Senior Housing Properties Trust has an average rating of “Hold” and a consensus price target of $12.85.



Senior Housing Properties Trust stock traded up $0.22 during mid-day trading on Friday, reaching $8.91. 1,335,118 shares of the company traded hands, compared to its average volume of 1,284,299. The company has a debt-to-equity ratio of 1.24, a current ratio of 2.41 and a quick ratio of 2.41. The firm’s 50 day moving average price is $8.62 and its 200 day moving average price is $8.94. The firm has a market capitalization of $2.08 billion, a price-to-earnings ratio of 5.60, a P/E/G ratio of 1.63 and a beta of 0.62. Senior Housing Properties Trust has a 52-week low of $7.49 and a 52-week high of $18.13.

Senior Housing Properties Trust (NASDAQ:SNH) last issued its quarterly earnings data on Thursday, August 8th. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.07 by $0.27. The business had revenue of $262.00 million for the quarter, compared to the consensus estimate of $256.11 million. Senior Housing Properties Trust had a negative net margin of 7.31% and a negative return on equity of 4.45%. The company’s quarterly revenue was down 5.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.52 EPS. On average, sell-side analysts anticipate that Senior Housing Properties Trust will post 1.35 EPS for the current year.

Senior Housing Properties Trust Company Profile

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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