Senior Housing Properties Trust (NYSE:SNH) reached a new 52-week high on Tuesday . The company traded as high as $21.82 and last traded at $21.81, with a volume of 429,312 shares trading hands. The stock had previously closed at $21.74.

A number of research firms have weighed in on SNH. Royal Bank Of Canada upgraded Senior Housing Properties Trust from a “sector perform” rating to an “outperform” rating and raised their price target for the company from $18.00 to $23.00 in a research report on Friday, June 17th. Jefferies Group raised their price target on Senior Housing Properties Trust from $17.00 to $19.00 and gave the company a “buy” rating in a research report on Monday, March 14th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $18.80.

The company has a market cap of $5.18 billion and a PE ratio of 44.76. The company has a 50-day moving average of $19.76 and a 200-day moving average of $17.27.

Senior Housing Properties Trust (NYSE:SNH) last posted its quarterly earnings data on Thursday, May 5th. The real estate investment trust reported $0.48 EPS for the quarter, topping the consensus estimate of $0.47 by $0.01. The company earned $258.37 million during the quarter, compared to analysts’ expectations of $259.81 million. The company’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same quarter last year, the company earned $0.42 earnings per share. Analysts expect that Senior Housing Properties Trust will post $1.89 EPS for the current year.

Other hedge funds and institutional investors have recently modified their holdings of the company. ProShare Advisors LLC increased its position in shares of Senior Housing Properties Trust by 12.4% in the fourth quarter. ProShare Advisors LLC now owns 107,689 shares of the real estate investment trust’s stock valued at $1,598,000 after buying an additional 11,883 shares in the last quarter. Symons Capital Management Inc. increased its position in shares of Senior Housing Properties Trust by 189.5% in the fourth quarter. Symons Capital Management Inc. now owns 608,355 shares of the real estate investment trust’s stock valued at $9,028,000 after buying an additional 398,182 shares in the last quarter. LSV Asset Management increased its position in shares of Senior Housing Properties Trust by 24.0% in the fourth quarter. LSV Asset Management now owns 388,000 shares of the real estate investment trust’s stock valued at $5,757,000 after buying an additional 75,220 shares in the last quarter. Thornburg Investment Management Inc. increased its position in shares of Senior Housing Properties Trust by 9.7% in the fourth quarter. Thornburg Investment Management Inc. now owns 5,123,900 shares of the real estate investment trust’s stock valued at $76,039,000 after buying an additional 453,900 shares in the last quarter. Finally, California State Teachers Retirement System increased its position in shares of Senior Housing Properties Trust by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 449,375 shares of the real estate investment trust’s stock valued at $6,669,000 after buying an additional 7,059 shares in the last quarter.

Senior Housing Properties Trust is a real estate investment trust (REIT). The Company operates through four segments. The first segment includes triple net senior living communities that provide short term and long term residential care and dining services for residents. Properties in this segment include leased independent living communities, assisted living communities and skilled nursing facilities.

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