Wells Fargo & Company MN lessened its holdings in Senior Housing Properties Trust (NASDAQ:SNH) by 0.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,305,683 shares of the real estate investment trust’s stock after selling 6,806 shares during the quarter. Wells Fargo & Company MN owned approximately 0.55% of Senior Housing Properties Trust worth $10,798,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. AGF Investments LLC raised its position in shares of Senior Housing Properties Trust by 80.8% during the second quarter. AGF Investments LLC now owns 3,066 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 1,370 shares during the last quarter. World Asset Management Inc lifted its stake in Senior Housing Properties Trust by 9.2% in the second 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 period. Oregon Public Employees Retirement Fund boosted its holdings in shares of 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 worth $799,000 after buying an additional 1,711 shares in the last quarter. Arizona State Retirement System grew its position in shares of 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 worth $1,427,000 after buying an additional 1,834 shares during the period. Finally, Mason Street Advisors LLC grew its position in shares of Senior Housing Properties Trust by 1.5% during the 1st quarter. Mason Street Advisors LLC now owns 126,419 shares of the real estate investment trust’s stock worth $1,489,000 after buying an additional 1,895 shares during the period. Institutional investors and hedge funds own 73.04% of the company’s stock.

A number of research analysts recently issued reports on the stock. ValuEngine upgraded shares of Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a research report on Tuesday, August 6th. BidaskClub lowered shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research note on Friday, August 23rd. Morgan Stanley assumed coverage on shares of Senior Housing Properties Trust in a report on Friday, September 6th. They issued an “equal weight” rating and a $8.50 price target for the company. Finally, Zacks Investment Research raised 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 research note on Saturday, August 17th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $12.85.

Shares of NASDAQ SNH traded up $0.07 during trading on Wednesday, hitting $9.00. The stock had a trading volume of 215,798 shares, compared to its average volume of 1,281,592. Senior Housing Properties Trust has a 12 month low of $7.49 and a 12 month high of $19.15. 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 has a fifty day moving average of $8.54 and a two-hundred day moving average of $9.12. The company has a market capitalization of $2.15 billion, a PE ratio of 5.66, a PEG ratio of 1.69 and a beta of 0.62.

Senior Housing Properties Trust (NASDAQ:SNH) last announced its quarterly earnings data on Thursday, August 8th. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $262.00 million during the quarter, compared to the consensus estimate of $256.11 million. During the same quarter in the prior year, the company earned $0.52 EPS. The business’s revenue for the quarter was down 5.5% on a year-over-year basis. On average, equities analysts expect that Senior Housing Properties Trust will post 1.34 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 15th. Investors of record on Monday, July 29th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, July 26th. This represents a $0.60 dividend on an annualized basis and a yield of 6.67%. Senior Housing Properties Trust’s dividend payout ratio (DPR) is presently 37.74%.

Senior Housing Properties Trust 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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