Cozad Asset Management Inc. purchased a new position in shares of Senior Housing Properties Trust (NASDAQ:SNH) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 99,549 shares of the real estate investment trust’s stock, valued at approximately $1,801,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of SNH. United Capital Financial Advisers LLC acquired a new position in Senior Housing Properties Trust during the 1st quarter worth about $163,000. Dynamic Technology Lab Private Ltd acquired a new position in Senior Housing Properties Trust during the 1st quarter worth about $166,000. CIBC Asset Management Inc acquired a new position in Senior Housing Properties Trust during the 2nd quarter worth about $185,000. Keybank National Association OH acquired a new position in Senior Housing Properties Trust during the 2nd quarter worth about $191,000. Finally, Sumitomo Mitsui Asset Management Company LTD acquired a new position in Senior Housing Properties Trust during the 2nd quarter worth about $197,000. Institutional investors and hedge funds own 73.41% of the company’s stock.

Senior Housing Properties Trust stock opened at $18.65 on Friday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 5.36 and a current ratio of 5.36. Senior Housing Properties Trust has a 1 year low of $14.86 and a 1 year high of $20.16. The stock has a market cap of $4.49 billion, a price-to-earnings ratio of 11.80, a price-to-earnings-growth ratio of 3.03 and a beta of 0.44.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.38. Senior Housing Properties Trust had a net margin of 41.79% and a return on equity of 13.68%. The company had revenue of $277.25 million for the quarter, compared to the consensus estimate of $277.31 million. During the same period in the prior year, the company posted $0.07 EPS. analysts forecast that Senior Housing Properties Trust will post 1.64 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 16th. Shareholders of record on Monday, July 30th were given a dividend of $0.39 per share. The ex-dividend date was Friday, July 27th. This represents a $1.56 dividend on an annualized basis and a yield of 8.36%. Senior Housing Properties Trust’s payout ratio is presently 98.73%.

Several research analysts recently issued reports on the stock. ValuEngine upgraded shares of Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a research report on Thursday, September 6th. BidaskClub downgraded shares of Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, August 28th. Zacks Investment Research downgraded shares of Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a research report on Friday, August 10th. B. Riley upped their price target on shares of Senior Housing Properties Trust from $22.00 to $23.00 and gave the stock a “buy” rating in a research report on Wednesday, August 8th. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of Senior Housing Properties Trust in a research report on Friday, July 20th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company’s stock. Senior Housing Properties Trust currently has a consensus rating of “Hold” and an average target price of $19.06.

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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