Senior Housing Properties Trust (SNH) Short Interest Update

Senior Housing Properties Trust (NASDAQ:SNH) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totalling 3,473,770 shares, a decrease of 37.4% from the April 30th total of 5,551,082 shares. Currently, 1.5% of the company’s stock are sold short. Based on an average trading volume of 1,368,179 shares, the short-interest ratio is currently 2.5 days.

Senior Housing Properties Trust opened at $17.11 on Friday, MarketBeat.com reports. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 1.07. The company has a market cap of $4.05 billion, a price-to-earnings ratio of 10.83, a PEG ratio of 2.59 and a beta of 0.39. Senior Housing Properties Trust has a fifty-two week low of $14.86 and a fifty-two week high of $22.01.

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

The business also recently declared 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 dividend yield of 9.12%. Senior Housing Properties Trust’s payout ratio is currently 98.73%.

Several institutional investors have recently bought and sold shares of the stock. Fiduciary Financial Services of The Southwest Inc. TX grew its stake in shares of Senior Housing Properties Trust by 1.4% in the 4th quarter. Fiduciary Financial Services of The Southwest Inc. TX now owns 210,355 shares of the real estate investment trust’s stock worth $4,028,000 after buying an additional 2,966 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Senior Housing Properties Trust by 18.4% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 23,676 shares of the real estate investment trust’s stock worth $371,000 after buying an additional 3,672 shares during the last quarter. Raymond James & Associates grew its stake in shares of Senior Housing Properties Trust by 5.9% in the 4th quarter. Raymond James & Associates now owns 68,986 shares of the real estate investment trust’s stock worth $1,321,000 after buying an additional 3,838 shares during the last quarter. Hsbc Holdings PLC grew its stake in shares of Senior Housing Properties Trust by 7.7% in the 1st quarter. Hsbc Holdings PLC now owns 53,532 shares of the real estate investment trust’s stock worth $839,000 after buying an additional 3,844 shares during the last quarter. Finally, Cue Financial Group Inc. grew its stake in shares of Senior Housing Properties Trust by 9.0% in the 4th quarter. Cue Financial Group Inc. now owns 47,425 shares of the real estate investment trust’s stock worth $908,000 after buying an additional 3,900 shares during the last quarter. Institutional investors own 73.73% of the company’s stock.

A number of research analysts have weighed in on SNH shares. B. Riley set a $22.00 target price on Senior Housing Properties Trust and gave the stock a “buy” rating in a report on Wednesday, May 9th. BidaskClub upgraded Senior Housing Properties Trust from a “strong sell” rating to a “sell” rating in a report on Wednesday, May 2nd. Cantor Fitzgerald reiterated a “buy” rating on shares of Senior Housing Properties Trust in a report on Wednesday, February 21st. ValuEngine downgraded Senior Housing Properties Trust from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Finally, Bank of America reduced their target price on Senior Housing Properties Trust from $16.50 to $16.00 and set an “underperform” rating on the stock in a report on Thursday, March 8th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company’s stock. Senior Housing Properties Trust presently has a consensus rating of “Hold” and an average price target of $19.45.

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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