Nomura Asset Management Co. Ltd. increased its position in shares of Senior Housing Properties Trust (NASDAQ:SNH) by 15.0% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 166,650 shares of the real estate investment trust’s stock after purchasing an additional 21,710 shares during the quarter. Nomura Asset Management Co. Ltd. owned 0.07% of Senior Housing Properties Trust worth $2,609,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently modified their holdings of SNH. Certified Advisory Corp acquired a new position in Senior Housing Properties Trust during the fourth quarter worth $100,000. Greenleaf Trust acquired a new position in shares of Senior Housing Properties Trust in the fourth quarter worth $219,000. Jane Street Group LLC acquired a new position in shares of Senior Housing Properties Trust in the fourth quarter worth $220,000. ETRADE Capital Management LLC acquired a new position in shares of Senior Housing Properties Trust in the fourth quarter worth $229,000. Finally, Gator Capital Management LLC acquired a new position in shares of Senior Housing Properties Trust in the first quarter worth $258,000. 73.88% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have recently weighed in on SNH. BidaskClub raised Senior Housing Properties Trust from a “hold” rating to a “buy” rating in a report on Friday, June 1st. B. Riley set a $22.00 price target on Senior Housing Properties Trust and gave the stock a “buy” rating in a report on Wednesday, May 9th. Bank of America cut their price target on Senior Housing Properties Trust from $16.50 to $16.00 and set an “underperform” rating for the company in a report on Thursday, March 8th. Zacks Investment Research raised Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a report on Saturday, May 19th. Finally, Wells Fargo & Co cut their price target on Senior Housing Properties Trust from $17.50 to $16.00 and set an “underperform” rating for the company in a report on Tuesday, March 20th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $19.45.

Senior Housing Properties Trust stock opened at $17.79 on Wednesday. The firm has a market capitalization of $4.18 billion, a P/E ratio of 11.26, a price-to-earnings-growth ratio of 2.69 and a beta of 0.45. Senior Housing Properties Trust has a 52 week low of $14.86 and a 52 week high of $22.01. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 1.07.

Senior Housing Properties Trust (NASDAQ:SNH) last released its earnings results on Wednesday, May 9th. The real estate investment trust reported $0.45 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.45. The firm had revenue of $275.80 million during the quarter, compared to analyst estimates of $271.43 million. Senior Housing Properties Trust had a return on equity of 10.55% and a net margin of 32.36%. The business’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.46 earnings per share. research analysts predict that Senior Housing Properties Trust will post 1.72 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 17th. Investors of record on Monday, April 30th were paid a $0.39 dividend. The ex-dividend date of this dividend was Friday, April 27th. This represents a $1.56 annualized dividend and a yield of 8.77%. Senior Housing Properties Trust’s payout ratio is currently 98.73%.

Senior Housing Properties Trust Company Profile

SNH is a real estate investment trust, or REIT, which owns senior living communities, medical office and life science properties 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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