SG Americas Securities LLC Acquires 33,342 Shares of Senior Housing Properties Trust (NASDAQ:SNH)

SG Americas Securities LLC grew its position in Senior Housing Properties Trust (NASDAQ:SNH) by 11.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 316,853 shares of the real estate investment trust’s stock after acquiring an additional 33,342 shares during the period. SG Americas Securities LLC owned about 0.13% of Senior Housing Properties Trust worth $4,962,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in SNH. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in shares of Senior Housing Properties Trust by 5.1% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 233,349 shares of the real estate investment trust’s stock worth $3,654,000 after buying an additional 11,346 shares during the period. Daiwa Securities Group Inc. boosted its holdings in Senior Housing Properties Trust by 15.6% in the 1st quarter. Daiwa Securities Group Inc. now owns 30,400 shares of the real estate investment trust’s stock valued at $476,000 after purchasing an additional 4,100 shares during the period. Wells Fargo & Company MN boosted its holdings in Senior Housing Properties Trust by 3.3% in the 1st quarter. Wells Fargo & Company MN now owns 1,163,006 shares of the real estate investment trust’s stock valued at $18,213,000 after purchasing an additional 37,383 shares during the period. Global X Management Co. LLC boosted its holdings in Senior Housing Properties Trust by 52.5% in the 1st quarter. Global X Management Co. LLC now owns 737,921 shares of the real estate investment trust’s stock valued at $11,556,000 after purchasing an additional 253,987 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in Senior Housing Properties Trust by 19.3% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 37,728 shares of the real estate investment trust’s stock valued at $722,000 after purchasing an additional 6,116 shares during the period. 75.64% of the stock is owned by institutional investors.

A number of analysts have issued reports on SNH shares. Wells Fargo cut their price objective on shares of 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. BidaskClub raised shares of Senior Housing Properties Trust from a “strong sell” rating to a “sell” rating in a report on Wednesday, May 2nd. ValuEngine cut shares of Senior Housing Properties Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. Bank of America dropped their target price on shares of Senior Housing Properties Trust from $16.50 to $16.00 and set an “underperform” rating for the company in a research report on Thursday, March 8th. Finally, B. Riley set a $22.00 target price on shares of Senior Housing Properties Trust and gave the company a “buy” rating in a research report on Thursday, March 1st. Five analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. Senior Housing Properties Trust has an average rating of “Hold” and a consensus target price of $19.45.

Senior Housing Properties Trust traded up $0.04, reaching $16.07, during trading on Thursday, Marketbeat Ratings reports. 22,353 shares of the company were exchanged, compared to its average volume of 1,426,711. The stock has a market cap of $3.82 billion, a price-to-earnings ratio of 10.15, a P/E/G ratio of 2.45 and a beta of 0.39. Senior Housing Properties Trust has a twelve month low of $16.12 and a twelve month high of $16.24. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.52 and a quick ratio of 1.52.

Senior Housing Properties Trust (NASDAQ:SNH) last released its quarterly earnings data on Wednesday, May 9th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.45. The business had revenue of $275.80 million during the quarter, compared to analysts’ expectations of $271.43 million. Senior Housing Properties Trust had a net margin of 32.36% and a return on equity of 10.55%. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.46 EPS. equities research analysts anticipate that Senior Housing Properties Trust will post 1.73 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 17th. Investors of record on Monday, April 30th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 9.71%. The ex-dividend date of this dividend is Friday, April 27th. Senior Housing Properties Trust’s dividend payout ratio is 98.73%.

Senior Housing Properties Trust 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.

Institutional Ownership by Quarter for Senior Housing Properties Trust (NASDAQ:SNH)

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