Point72 Hong Kong Ltd Takes $169,000 Position in Senior Housing Properties Trust (NASDAQ:SNH)

Point72 Hong Kong Ltd acquired a new stake in Senior Housing Properties Trust (NASDAQ:SNH) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 20,449 shares of the real estate investment trust’s stock, valued at approximately $169,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cubist Systematic Strategies LLC increased its holdings in shares of Senior Housing Properties Trust by 44.7% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 146,428 shares of the real estate investment trust’s stock valued at $1,211,000 after acquiring an additional 45,250 shares during the last quarter. Marshall Wace LLP increased its holdings in shares of Senior Housing Properties Trust by 459.1% in the 2nd quarter. Marshall Wace LLP now owns 51,942 shares of the real estate investment trust’s stock valued at $430,000 after acquiring an additional 42,652 shares during the last quarter. PVG Asset Management Corp increased its holdings in shares of Senior Housing Properties Trust by 59.1% in the 2nd quarter. PVG Asset Management Corp now owns 140,194 shares of the real estate investment trust’s stock valued at $1,159,000 after acquiring an additional 52,066 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Senior Housing Properties Trust by 9.4% in the 2nd quarter. Bank of America Corp DE now owns 306,395 shares of the real estate investment trust’s stock valued at $2,533,000 after acquiring an additional 26,235 shares during the last quarter. Finally, Marshall Wace North America L.P. increased its holdings in shares of Senior Housing Properties Trust by 575.4% in the 2nd quarter. Marshall Wace North America L.P. now owns 123,778 shares of the real estate investment trust’s stock valued at $1,024,000 after acquiring an additional 105,451 shares during the last quarter. Institutional investors and hedge funds own 72.91% of the company’s stock.

Senior Housing Properties Trust stock opened at $9.19 on Wednesday. Senior Housing Properties Trust has a twelve month low of $7.49 and a twelve month high of $17.77. The stock has a 50 day moving average of $8.71 and a two-hundred day moving average of $8.87. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 1.24. The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of 5.78, a PEG ratio of 1.64 and a beta of 0.62.



Senior Housing Properties Trust (NASDAQ:SNH) last posted its quarterly earnings data on Thursday, August 8th. The real estate investment trust reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.27. Senior Housing Properties Trust had a negative return on equity of 4.45% and a negative net margin of 7.31%. The company had revenue of $262.00 million during the quarter, compared to analysts’ expectations of $256.11 million. During the same period last year, the firm earned $0.52 EPS. The firm’s revenue for the quarter was down 5.5% on a year-over-year basis. Equities analysts predict that Senior Housing Properties Trust will post 1.33 earnings per share for the current year.

A number of brokerages recently issued reports on SNH. BidaskClub raised Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a research report on Wednesday. ValuEngine raised Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a research report on Tuesday, August 6th. Zacks Investment Research raised Senior Housing Properties Trust from a “hold” rating to a “buy” rating and set a $9.75 target price for the company in a research report on Saturday, August 17th. Finally, Morgan Stanley began coverage on Senior Housing Properties Trust in a research report on Friday, September 6th. They issued an “equal weight” rating and a $8.50 target price for the company. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company. Senior Housing Properties Trust currently has a consensus rating of “Hold” and an average price target of $12.85.

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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