ValuEngine lowered shares of Senior Housing Properties Trust (NASDAQ:SNH) from a sell rating to a strong sell rating in a research note released on Friday.

Other equities analysts have also recently issued research reports about the company. Jefferies Financial Group reissued a hold rating on shares of Senior Housing Properties Trust in a research note on Friday, July 20th. BidaskClub cut Senior Housing Properties Trust from a buy rating to a hold rating in a research note on Friday, July 27th. Zacks Investment Research raised Senior Housing Properties Trust from a hold rating to a buy rating and set a $20.00 price target on the stock in a research note on Thursday, August 2nd. Finally, B. Riley lifted their price target on Senior Housing Properties Trust from $22.00 to $23.00 and gave the stock a buy rating in a research note on Wednesday, August 8th. Five equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of $18.00.

Shares of Senior Housing Properties Trust stock opened at $14.11 on Friday. The company has a current ratio of 4.49, a quick ratio of 4.49 and a debt-to-equity ratio of 1.09. Senior Housing Properties Trust has a 52 week low of $14.04 and a 52 week high of $19.98. The stock has a market capitalization of $3.35 billion, a price-to-earnings ratio of 8.93, a price-to-earnings-growth ratio of 2.37 and a beta of 0.45.

Senior Housing Properties Trust (NASDAQ:SNH) last issued its quarterly earnings results on Tuesday, November 6th. The real estate investment trust reported $0.42 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.03). Senior Housing Properties Trust had a return on equity of 13.42% and a net margin of 42.36%. The business had revenue of $279.00 million during the quarter, compared to the consensus estimate of $279.10 million. During the same quarter last year, the firm posted $0.14 earnings per share. Senior Housing Properties Trust’s revenue was up 4.6% compared to the same quarter last year. As a group, analysts predict that Senior Housing Properties Trust will post 1.57 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, November 15th. Investors of record on Monday, October 29th were paid a $0.39 dividend. The ex-dividend date was Friday, October 26th. This represents a $1.56 dividend on an annualized basis and a yield of 11.06%. Senior Housing Properties Trust’s dividend payout ratio is currently 98.73%.

Large investors have recently added to or reduced their stakes in the business. First Hawaiian Bank purchased a new position in Senior Housing Properties Trust during the 3rd quarter valued at about $126,000. Cornerstone Wealth Management LLC bought a new stake in shares of Senior Housing Properties Trust in the 2nd quarter valued at approximately $450,000. Qube Research & Technologies Ltd bought a new stake in shares of Senior Housing Properties Trust in the 2nd quarter valued at approximately $184,000. CIBC Asset Management Inc bought a new stake in shares of Senior Housing Properties Trust in the 2nd quarter valued at approximately $185,000. Finally, Globeflex Capital L P bought a new stake in shares of Senior Housing Properties Trust in the 3rd quarter valued at approximately $181,000. 74.51% of the stock is currently owned by institutional investors.

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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Analyst Recommendations for Senior Housing Properties Trust (NASDAQ:SNH)

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